For sale

Price cut: $10K (8/29)

$875,000

1232 E VIRGINIA Avenue, Phoenix, AZ 85006

6beds

3baths

2,220sqft

$5,269/mo

Get pre-qualified

Multi Family

Built in 1945

-- sqft lot

$-- Zestimate^®

$394/sqft

$-- HOA

What's special

Paved assigned parkingBrick-constructed buildingCentral air conditioningNatural gas heatingStandard appliances

Rare multi-family investment opportunity in central Phoenix's desirable 85006 neighborhood. Well-located brick-constructed building with three units on a generous lot, offering paved assigned parking. The property features central air conditioning, natural gas heating, and concrete flooring, and includes standard appliances. Tenants pay electricity, gas, and cable. Conveniently situated near local amenities, transportation, and key urban corridors.

187 days
264
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Free-Standing Range, Refrigerator, Microwave, Washer/Dryer

Features

Flooring: Concrete

Interior area

Total structure area: 2,220
Total interior livable area: 2,220 sqft

Property

Parking

Total spaces: 6
Parking features: Paved, Assigned, >1 Space Per Unit
Uncovered spaces: 6

Lot

Size: 7,440 Square Feet
Dimensions: 120 x 62

Details

Parcel number: 11721120
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Roof: Composition

Condition

Year built: 1945

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: Master Meter

Community & HOA

Community

Features: No Pool
Subdivision: SOUTH COUNTRY CLUB MANOR

Location

Region: Phoenix

Financial & listing details

Price per square foot: $394/sqft
Tax assessed value: $565,100
Annual tax amount: $1,037
Date on market: 2/24/2026
Cumulative days on market: 187 days
Listing terms: No Carry,Conventional
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/29/2026	Price change	$875,000-1.1%$394/sqft
Source: ARMLS #6988812 Report a problem
8/27/2026	Price change	$885,000-1.1%$399/sqft
Source: ARMLS #6988812 Report a problem
5/10/2026	Price change	$895,000-0.6%$403/sqft
Source: ARMLS #6988812 Report a problem
2/24/2026	Listed for sale	$900,000+28.6%$405/sqft
Source: ARMLS #6988812 Report a problem
1/25/2023	Listing removed	--
Source: Zillow Rentals Report a problem
1/21/2023	Listed for rent	$1,495+172.3%$1/sqft
Source: Zillow Rentals Report a problem
10/16/2020	Sold	$699,900+0.1%$315/sqft
Source: ARMLS #6124953 Report a problem
8/30/2020	Listed for sale	$699,000+9.2%$315/sqft
Source: Delex Realty #6124953 Report a problem
7/31/2019	Sold	$640,000-3%$288/sqft
Source: ARMLS #5932050 Report a problem
5/29/2019	Listed for sale	$660,000+112.9%$297/sqft
Source: S. J. Fowler Real Estate Inc. #5932050 Report a problem
5/22/2018	Sold	$310,000-2.8%$140/sqft
Source: Public Record Report a problem
4/11/2018	Listed for sale	$319,000+16.9%$144/sqft
Source: S. J. Fowler Real Estate Inc. #5749628 Report a problem
11/5/2012	Listing removed	$549
Source: Impero Property Management LLC Report a problem
9/17/2012	Listed for rent	$549+4.6%
Source: Impero Property Management LLC Report a problem
10/1/2011	Listing removed	$525
Source: Impero Property Management LLC Report a problem
9/13/2011	Price change	$525-4.4%
Source: Impero Property Management LLC Report a problem
7/15/2011	Listed for rent	$549
Source: Impero Property Management LLC Report a problem
10/26/2007	Sold	$272,950+11.5%$123/sqft
Source: Public Record Report a problem
11/2/2004	Sold	$244,900+188.4%$110/sqft
Source: Public Record Report a problem
11/5/1997	Sold	$84,930+7.5%$38/sqft
Source: Agent Provided Report a problem
4/10/1988	Sold	$79,000$36/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,037 +3.5%	$56,510 -15%
2024	$1,002 +3.5%	$66,500 +817.9%
2023	$968 +0.6%	$7,245 -77.6%
2022	$963 +0.9%	$32,300 +21.5%
2021	$954 +4.5%	$26,580 +35.8%
2020	$913 +3.4%	$19,580 +23%
2019	$883	$15,920 +27.2%
2018	$883 +8.9%	$12,520 +2.6%
2017	$810 +11.5%	$12,200 +21.9%
2016	$727 -1.6%	$10,010 +17.4%
2015	$739	$8,530 +28.9%
2014	--	$6,620 +64.7%
2013	--	$4,020 -8.8%
2012	--	$4,410 -42.6%
2011	--	$7,680 -34.8%
2010	--	$11,780 -47.6%
2009	--	$22,460 -5.8%
2008	--	$23,850 +27.2%
2007	--	$18,750 +60.9%
2006	--	$11,650
2005	--	$11,650 +29.4%
2004	--	$9,000
2003	--	$9,000 +34.3%
2002	--	$6,700