For sale

$480,000

1702 W SHANGRI LA Road, Phoenix, AZ 85029

6beds

3baths

2,100sqft

$2,891/mo

Get pre-qualified

Multi Family

Built in 2002

-- sqft lot

$478,500 Zestimate^®

$229/sqft

$-- HOA

What's special

Mountain viewsEat-in kitchenLarge backyard

Great triplex investment with mountain views! This value offers three separate units, each approximately 700 sq ft. Unit #1 & #2 are tenant-occupied, generating $1,110 & $1164.90 in monthly rent, and #3 is vacant and ready for immediate occupancy. Each unit features an eat-in kitchen, a living room, tile flooring throughout high-traffic areas, two bedrooms with walk-in closets, and a full bathroom. Residents enjoy access to the large backyard, plus two assigned parking spaces per unit. The location has a bus stop right on the corner, nearby restaurants, shops, North Mountain & Shaw Butte Preserves, Peoria Ave, Winifred Green Park, and easy access to the I-17 fwy. Great multi-family investment, or multi-generational living, or house hacking!

159 days

347

38

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Electric

Cooling

Central Air

Appliances

Included: Built-In Range, Refrigerator

Features

Flooring: Tile, Laminate, Carpet

Interior area

Total structure area: 2,100
Total interior livable area: 2,100 sqft

Property

Parking

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

Lot

Dimensions: 96 x 68 x 24 x 76 x 81

Details

Parcel number: 15912046Q
Zoning: RESIDENTIAL

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco
Roof: Composition

Condition

Year built: 2002

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool

Location

Region: Phoenix

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $448,100
Annual tax amount: $1,223
Date on market: 3/6/2026
Cumulative days on market: 159 days
Listing terms: Conventional
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$478,500

$455,000 - $502,000

$1,411/mo

Price history

Date	Event	Price
7/7/2026	Listed for sale	$480,000$229/sqft
Source: ARMLS #6987996 Report a problem
6/23/2026	Pending sale	$480,000$229/sqft
Source: ARMLS #6987996 Report a problem
2/21/2026	Listed for sale	$480,000+197.2%$229/sqft
Source: ARMLS #6987996 Report a problem
10/18/2022	Listed for rent	$1,099$1/sqft
Source: Zillow Rental Manager Report a problem
10/10/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/9/2022	Listed for rent	$1,099$1/sqft
Source: Zillow Rental Manager Report a problem
10/13/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
10/2/2021	Listed for rent	$1,099$1/sqft
Source: Zillow Rental Manager Report a problem
9/29/2015	Sold	$161,500-4.9%$77/sqft
Source: ARMLS #5301516 Report a problem
7/2/2015	Listed for sale	$169,900$81/sqft
Source: Keller Williams Realty Biltmore Partners #5301516 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,206 +3.9%	$44,810 -0.2%
2024	$1,160 +1.8%	$44,920 +414.5%
2023	$1,140 +2%	$8,730 -63.8%
2022	$1,118 +1.3%	$24,110 +18.1%
2021	$1,104 +1.9%	$20,410 +9.1%
2020	$1,084 +2.7%	$18,710 +13.5%
2019	$1,056	$16,480 +19.2%
2018	$1,056 +0.5%	$13,830 +24.6%
2017	$1,050 +10%	$11,100 +4.6%
2016	$955	$10,610 +21.1%
2015	$955	$8,760 +20.5%
2014	--	$7,270 +43.1%
2013	--	$5,080 -10.2%
2012	--	$5,660 -27.7%
2011	--	$7,830 -32.7%
2010	--	$11,630 -39.9%
2009	--	$19,350 -0.5%
2008	--	$19,450 +7.5%
2007	--	$18,100 +49%
2006	--	$12,150
2005	--	$12,150 +32.1%
2004	--	$9,200 +248.5%
2003	--	$2,640 -34%
2002	--	$4,000