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Off market
  • $740,400

    1501 E Roosevelt St, Phoenix, AZ 85006

    --beds
    0baths
    2,600sqft
    MultiFamily
    Built in 1979
    -- sqft lot
    $740,400 Zestimate®
    $285/sqft
    $2,058 Estimated rent

    Home value

    $740,400

    $674,000 - $814,000

    $2,058/mo

    Zestimate® history
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    $4,189/mo

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    What's special

    Completely Remodeled 4-Plex with strong rents that wont disappoint you! Seller has spent over $100k in upgrades starting with all New HVAC units by City of Phoenix through the Energize program in 2012 spending $25k, then in 2013 City Of Phoenix Rental Rehabilitation Program spent $75K which included New Roof, New plumbing, New Electrical, New Kitchen cabinets, New Paint and New Flooring. Seller also installed a large RV gate that only tenants have access for additional parking. Great money maker. All units have signed leases with 2 tenants in the process of moving in the units in the next 2 weeks. Owner is currently collecting $3838 per month in rents and rent will increase to $3943 in June 2020. Great opportunity! Everything updated so nothing to do but sit back and collect rents!

    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
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 2,600 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 6,765 Square Feet
    Details
    • Parcel number: 11619129

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1979

    Utilities & green energy

    • Electric: APS
    • Sewer: Sewer - Public

    Community & HOA

    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $668,800
    • Annual tax amount: $1,718
    • Ownership: Fee Simple
    • Tenant pays: Electric, Cable TV

    Price history

    DateEventPrice
    6/1/2025Listing removed$950,000$365/sqft
    Source: ARMLS #6789423 Report a problem
    11/29/2024Listed for sale$950,000+72.7%$365/sqft
    Source: ARMLS #6789423 Report a problem
    4/4/2020Listing removed$550,000$212/sqft
    Source: West USA Realty #6041921 Report a problem
    4/4/2020Listed for sale$550,000$212/sqft
    Source: West USA Realty #6041921 Report a problem
    4/3/2020Sold$550,000$212/sqft
    Source: ARMLS #6041921 Report a problem
    3/28/2020Pending sale$550,000$212/sqft
    Source: West USA Realty #6041921 Report a problem
    2/26/2020Listed for sale$550,000-67.4%$212/sqft
    Source: West USA Realty #6041921 Report a problem
    8/6/2019Listing removed$1,687,000$649/sqft
    Source: Distinctive Real Estate Ventur #5959292 Report a problem
    8/1/2019Listed for sale$1,687,000+2711.7%$649/sqft
    Source: Distinctive Real Estate Ventur #5959292 Report a problem
    4/22/2011Sold$60,000$23/sqft
    Source: ARMLS #4511272 Report a problem
    1/16/2011Listing removed$60,000$23/sqft
    Source: RE/MAX Achievers #4511272 Report a problem
    12/25/2010Listed for sale$60,000-61.9%$23/sqft
    Source: RE/MAX Achievers #4511272 Report a problem
    4/28/2010Sold$157,665-0.8%$61/sqft
    Source: Public Record Report a problem
    11/6/2003Sold$159,000+12%$61/sqft
    Source: Public Record Report a problem
    9/17/2002Sold$142,000+9.2%$55/sqft
    Source: Public Record Report a problem
    4/1/2002Sold$130,000$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,718 +6.2%$66,880 -2.2%
    2024$1,618 +1%$68,400 +523.4%
    2023$1,602 +3.7%$10,972 -67.7%
    2022$1,545 -0.4%$33,930 +20.7%
    2021$1,551 +0.2%$28,110 +7.4%
    2020$1,549 +1.7%$26,180 +36.6%
    2019$1,522 $19,160 +24%
    2018$1,522 +2.4%$15,450 +9.8%
    2017$1,487 +11.3%$14,070 +21.1%
    2016$1,336 +1.2%$11,620 +4.6%
    2015$1,321 $11,110 +19.5%
    2014-- $9,300 +46.9%
    2013-- $6,330 +7.1%
    2012-- $5,910 +4.6%
    2011-- $5,650 -56.3%
    2010-- $12,930 -36.5%
    2009-- $20,350 -3.3%
    2008-- $21,050 +19.3%
    2007-- $17,650 +30.3%
    2006-- $13,550
    2005-- $13,550 +41.9%
    2004-- $9,550
    2003-- $9,550 +34.5%
    2002-- $7,100
    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phoenix Prep Academy
    • Middle: Phoenix Union Bioscience High School
    • High: Phoenix Union Bioscience High School
    • 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
    $740,400
    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
    $740,400