1249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.
Sold for $1,176,000
$1,176,000
1249 W PIERCE Street, Phoenix, AZ 85007
20beds
2baths
6,000sqft
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$196/sqft
$1,293 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,293/mo
Zestimate® history
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On-site gated parking lotIn-unit washers and dryers
Zillow last checked:
Listing updated:
Listed by:
Bryce Neagle 602-714-8931,
ABI Multifamily,
Mitchell Drake 602-714-1289,
ABI Multifamily
Bought with:
Mitchell Drake, SA675761000
ABI Multifamily
Source: ARMLS,MLS#: 6955650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 2
Heating
- Individual, Electric
Cooling
- Central Air, Electric, Individual
Appliances
- Included: Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
Features
- Flooring: Vinyl
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 16
- Parking features: >1 Space Per Unit
- Uncovered spaces: 16
Lot
- Size: 0.31 Acres
- Dimensions: 13350 sqft
Details
- Parcel number: 11127148F
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Electric: Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: Other
Location
- Region: Phoenix
- Subdivision: UNIVERSITY ADDITION
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $1,176,000-11.2%$196/sqft |
Source:  ARMLS #6955650 Report a problem | ||
| 12/16/2025 | Price change | $1,325,000-1.9%$221/sqft |
Source: ARMLS #6955650 Report a problem | ||
| 12/8/2025 | Listed for sale | $1,350,000+200%$225/sqft |
Source: ARMLS #6955650 Report a problem | ||
| 5/15/2019 | Listing removed | $450,000$75/sqft |
Source: Arizona Excellence Realty #5691254 Report a problem | ||
| 4/12/2018 | Price change | $450,000+12.8%$75/sqft |
Source: Arizona Excellence Realty #5691254 Report a problem | ||
| 11/23/2017 | Listed for sale | $399,000+39.5%$67/sqft |
Source: Arizona Excellence Realty #5691254 Report a problem | ||
| 7/24/2017 | Sold | $286,000-4.3%$48/sqft |
Source: ARMLS #5584213 Report a problem | ||
| 6/14/2017 | Pending sale | $299,000$50/sqft |
Source: Keller Williams Realty Professional Partners #5584213 Report a problem | ||
| 6/5/2017 | Price change | $299,000-3.5%$50/sqft |
Source: Keller Williams Realty Professional Partners #5584213 Report a problem | ||
| 5/2/2017 | Pending sale | $310,000$52/sqft |
Source: Keller Williams Realty Professional Partners #5584213 Report a problem | ||
| 4/1/2017 | Listed for sale | $310,000+14.8%$52/sqft |
Source: Keller Williams Realty Professional Partners #5584213 Report a problem | ||
| 9/15/2006 | Sold | $270,000+29.8%$45/sqft |
Source: Public Record Report a problem | ||
| 1/27/2005 | Sold | $208,000+84.9%$35/sqft |
Source: Public Record Report a problem | ||
| 12/9/1998 | Sold | $112,500$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,404 +6.2% | $70,130 -20.1% |
| 2024 | $1,321 +1% | $87,810 +879.7% |
| 2023 | $1,309 +3.7% | $8,963 -76.4% |
| 2022 | $1,262 -0.4% | $38,020 +23.4% |
| 2021 | $1,267 +0.2% | $30,800 +4.8% |
| 2020 | $1,265 +1.7% | $29,380 +17% |
| 2019 | $1,244 | $25,120 +30% |
| 2018 | $1,244 +2.4% | $19,320 +4% |
| 2017 | $1,214 +11.3% | $18,570 +8.3% |
| 2016 | $1,092 -2.5% | $17,150 +59.4% |
| 2015 | $1,120 | $10,760 +28.4% |
| 2014 | -- | $8,380 +70.7% |
| 2013 | -- | $4,910 -20.4% |
| 2012 | -- | $6,170 -2.2% |
| 2011 | -- | $6,310 -55% |
| 2010 | -- | $14,030 -47.3% |
| 2009 | -- | $26,610 +7.7% |
| 2008 | -- | $24,710 +3.2% |
| 2007 | -- | $23,950 +42.6% |
| 2006 | -- | $16,800 |
| 2005 | -- | $16,800 +44.8% |
| 2004 | -- | $11,600 |
| 2003 | -- | $11,600 +28.2% |
| 2002 | -- | $9,050 |
Find assessor info on the county website
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 5/10Kenilworth Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 3/10Central High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Arizona
- Maricopa County
- Phoenix
- 85007
- Central City
- 1249 W PIERCE Street
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