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Off market
  • $719,700

    1310 E Madison St, Phoenix, AZ 85034

    8beds
    1baths
    1,242sqft
    MultiFamily
    Built in 1985
    -- sqft lot
    $719,700 Zestimate®
    $579/sqft
    $2,025 Estimated rent

    Home value

    $719,700

    $648,000 - $806,000

    $2,025/mo

    Zestimate® history
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    $4,062/mo

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    $4,062/mo

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    What's special

    This turn-key Fourplex is fully stabilized and generates over $47k in yearly gross revenue! High quality tenants have been placed by professional management and are all paying rent. It is located a couple blocks from Downtown Phoenix and only steps away from the Washington/Jefferson light rail stations. It was gutted and fully renovated in 2016 including new roof, four new full size A/Cs, new electric panel/wiring, new HW heaters, as well as all new windows, flooring, kitchens, baths, paint, trim, and much more. Each kitchen features full size stainless steel appliances incl. built in range, microwave, dishwasher, & disposal. Each unit also has built in washer/dryer combos. Tenants love the abundance of off street parking, along with dusk/dawn security lighting and full perimeter fencing.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 1
    Heating
    • Heat pump
    Cooling
    • Evaporative
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet
    Interior area
    • Total interior livable area: 1,242 sqft

    Property

    Parking
    • Total spaces: 8
    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 7,000 sqft
    Details
    • Parcel number: 11647058

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1985

    Utilities & green energy

    • Electric: APS
    • Sewer: Sewer-In & Connected, Sewer - Public

    Community & neighborhood

    Location
    • Region: Phoenix

    Other

    Other facts
    • Ownership: Fee Simple
    • Community Amenities: No Pool
    • Cooling: Electric Refrigeratd, Individual
    • Interior Amenities: Fire/Smoke Alarm(s), Breakfast Bar, Unfurnished
    • Parking: >1 Space Per Unit, Add'l Parking Avail
    • Project Type: Four Plex
    • Sewer: Sewer-In & Connected, Sewer - Public
    • Water: City Franchise
    • Heating: Heat Pump, Individual
    • Sale Includes: Land & Building
    • Construction: Frame - Wood
    • Const - Finish: Painted, Stucco
    • Roofing: Comp Shingle
    • Floors: Carpet, Ceramic Tile
    • Appliances Included: F/S Oven/Range, Refrigerator, W/D Hookup, Microwave, Dishwasher, Disposal, Washer/Dryer
    • Owner Pays: Water, Landscaping, Trash Collection
    • Tenant Pays: Electric, Cable TV
    • Source of Fincl Data: Provided by Owner, Projected Proforma
    • New Financing: Conventional, FHA, VA, 1031 Exchange
    • Electric: APS
    • Tax Municipality: Phoenix
    • Tax Year: 2019
    • Roads/Streets: Asphalt, Gravel
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/24/2020Sold$669,000+17.4%$539/sqft
    Source: Public Record Report a problem
    8/24/2020Sold$570,000-0.9%$459/sqft
    Source: ARMLS #6085057 Report a problem
    8/12/2020Listed for sale$575,000$463/sqft
    Source: HomeSmart #6085057 Report a problem
    7/13/2020Pending sale$575,000$463/sqft
    Source: HomeSmart #6085057 Report a problem
    6/1/2020Listed for sale$575,000+49%$463/sqft
    Source: HomeSmart #6085057 Report a problem
    11/15/2016Sold$386,000+2.9%$311/sqft
    Source: Public Record Report a problem
    11/8/2016Pending sale$375,000$302/sqft
    Source: Owner Report a problem
    10/3/2016Listed for sale$375,000+200%$302/sqft
    Source: Owner Report a problem
    12/23/2015Sold$125,000-10.7%$101/sqft
    Source: ARMLS #5366227 Report a problem
    12/11/2015Listed for sale$140,000$113/sqft
    Source: S. J. Fowler Real Estate, Inc. #5366227 Report a problem
    12/2/2015Pending sale$140,000$113/sqft
    Source: S. J. Fowler Real Estate, Inc. #5366227 Report a problem
    11/24/2015Listed for sale$140,000$113/sqft
    Source: S. J. Fowler Real Estate, Inc. #5366227 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$968 -55.4%$15,840 -74.7%
    2024$2,168 +1%$62,570 +325.6%
    2023$2,147 +3.7%$14,702 -53%
    2022$2,070 -0.4%$31,300 +17.9%
    2021$2,078 +0.2%$26,550 +3.2%
    2020$2,075 +1.7%$25,720 +34.2%
    2019$2,040 $19,170 +52.7%
    2018$2,040 +61.4%$12,550 +7.9%
    2017$1,263 +11.3%$11,630 +26.4%
    2016$1,135 $9,200 +3.8%
    2015$1,135 $8,860 +50.9%
    2013-- $5,870 +23.3%
    2012-- $4,760 -60.3%
    2010-- $11,980 -39.9%
    2009-- $19,950 -1.1%
    2008-- $20,170 +16.9%
    2007-- $17,250 +45.6%
    2005-- $11,850 +41.9%
    2004-- $8,350
    2003-- $8,350 +39.2%
    2002-- $6,000

    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Phoenix Union High School District (210)

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $719,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $719,700