For sale

Price cut: $10K (7/28)

$412,000

1235 E WOOD Street, Phoenix, AZ 85040

6beds

4baths

2,240sqft

$2,534/mo

Get pre-qualified

Multi Family

Built in 2003

-- sqft lot

$-- Zestimate^®

$184/sqft

$-- HOA

What's special

Spacious unitBright open great roomsLarge front patioDurable tile flooring throughout

Fantastic masonry (block) duplex built in 2003 offering strong income potential & flexible living options. Each spacious unit features approximately 1,120 sq ft w/ 3 beds & 2 full baths. Both units showcase durable tile flooring throughout, ceiling fans in every room, and bright, open great rooms designed for comfortable living. Functional ''L''-shaped kitchens include refrigerator, stove/oven, and garbage disposal, while all-electric systems help simplify maintenance. Major updates include brand new 2025 electric A/C and heating systems for both units, plus one new water heater. Large front patio along with private side and backyard spaces. Conveniently located near schools, shops and hiking trails. Currently tenant occupied, units leased at $1187 and $1090. Please do not disturb tenants. Access will be arranged upon accepted contract. Ideal for investors or owner-occupants seeking immediate rental income and long-term value!

187 days
322
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Free-Standing Range, Disposal, Refrigerator, Free-Standing Electric Oven
Laundry: W/D Hookup

Features

Flooring: Ceramic Tile

Interior area

Total structure area: 2,240
Total interior livable area: 2,240 sqft

Property

Parking

Total spaces: 4
Parking features: Paved
Uncovered spaces: 4

Details

Parcel number: 11325011D
Zoning: R-4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Painted, Block
Roof: Composition

Condition

Year built: 2003

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: CENTERGROVE TRACT 1 THROUGH 16

Location

Region: Phoenix

Financial & listing details

Price per square foot: $184/sqft
Tax assessed value: $407,100
Annual tax amount: $754
Date on market: 3/1/2026
Cumulative days on market: 187 days
Listing terms: Conventional,FHA,VA Loan
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
7/28/2026	Price change	$412,000-2.4%$184/sqft
Source: ARMLS #6989977 Report a problem
6/22/2026	Price change	$422,000-1.6%$188/sqft
Source: ARMLS #6989977 Report a problem
5/10/2026	Price change	$429,000-2.1%$192/sqft
Source: ARMLS #6989977 Report a problem
4/2/2026	Price change	$438,000-2.7%$196/sqft
Source: ARMLS #6989977 Report a problem
2/26/2026	Listed for sale	$450,000+56.3%$201/sqft
Source: ARMLS #6989977 Report a problem
10/21/2020	Sold	$288,000-0.7%$129/sqft
Source: ARMLS #6114181 Report a problem
9/4/2020	Pending sale	$289,950$129/sqft
Source: West USA Realty #6114181 Report a problem
8/24/2020	Listed for sale	$289,950$129/sqft
Source: West USA Realty #6114181 Report a problem
8/14/2020	Pending sale	$289,950$129/sqft
Source: West USA Realty #6114181 Report a problem
8/7/2020	Listed for sale	$289,950+102.8%$129/sqft
Source: West USA Realty #6114181 Report a problem
4/13/2017	Sold	$143,000+104.3%$64/sqft
Source: Public Record Report a problem
1/21/2016	Sold	$70,000+30.8%$31/sqft
Source: Public Record Report a problem
12/8/2015	Listed for sale	--
Source: Auction.com Report a problem
8/27/2015	Listing removed	--
Source: Auction.com Report a problem
7/21/2015	Listed for sale	--
Source: Auction.com Report a problem
8/28/2009	Sold	$53,500-77.2%$24/sqft
Source: ARMLS #4179323 Report a problem
3/23/2006	Sold	$235,000+51.6%$105/sqft
Source: Public Record Report a problem
1/26/2004	Sold	$155,000+24%$69/sqft
Source: Public Record Report a problem
10/16/2003	Sold	$125,000$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$754 +2.6%	$40,710 -0.5%
2024	$735 +2.9%	$40,900 +801.3%
2023	$714 +2%	$4,538 -76.3%
2022	$700 -0.8%	$19,150 +12.8%
2021	$705 +3.3%	$16,970 +19.3%
2020	$682 +2.8%	$14,220 +14.4%
2019	$664	$12,430 +22.7%
2018	$664 +4.9%	$10,130 +21.6%
2017	$633 +11.7%	$8,330 +16%
2016	$566 -5.4%	$7,180 -5.2%
2015	$599	$7,570 +77.7%
2014	--	$4,260 +71.8%
2013	--	$2,480 -44%
2012	--	$4,430 -8.8%
2011	--	$4,860 -54.1%
2010	--	$10,580 -40.7%
2009	--	$17,850 -6.6%
2008	--	$19,110 +12.1%
2007	--	$17,050 +53.6%
2006	--	$11,100
2005	--	$11,100 +413.9%
2004	--	$2,160