Prime MULTIfamily investment opportunity! Located at 2005 W Adams St, Phoenix, this corner lot with MULTIfamily zoning offers immense potential. West of downtown, it provides easy access to I-17 and I-10. Not in a flood zone, this R-3 zoned land has potential for up to 6 units. Develop a low-density MULTIfamily community in a thriving area near amenities and transport links.
Sold for $255,000
$255,000
2005 W ADAMS Street #-, Phoenix, AZ 85009
--beds
--baths
0.32Acres
Land
Built in ----
0.32 Acres Lot
$-- Zestimate®
$--/sqft
$1,455 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,455/mo
Zestimate® history
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$1,482/mo
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Zillow last checked:
Listing updated:
Listed by:
Reggie Joyner 480-247-1437,
Get Multifamily,
Patrick W O'Sullivan 602-842-5050,
Get Multifamily
Bought with:
Reggie Joyner, SA704874000
Get Multifamily
Patrick W O'Sullivan, BR634211000
Get Multifamily
Source: ARMLS,MLS#: 6572983
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 0.32 Acres
- Topography: Level
Details
- Additional structures: None
- Parcel number: 10931028A
- Zoning: R-3
Utilities & green energy
- Electric: Other (See Rmks)
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Subdivision: CAPITOL ADDITION
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $39,400
- Annual tax amount: $780
- Date on market: 6/24/2023
- Cumulative days on market: 90 days
- Listing terms: Cash,No Carry,Conventional
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2023 | Sold | $255,000-4.9% |
Source:  ARMLS #6572983 Report a problem | ||
| 9/22/2023 | Pending sale | $268,000 |
Source: ARMLS #6572983 Report a problem | ||
| 8/16/2023 | Price change | $268,000-10.6% |
Source: ARMLS #6572983 Report a problem | ||
| 8/9/2023 | Price change | $299,900-4.8% |
Source: ARMLS #6572983 Report a problem | ||
| 6/24/2023 | Listed for sale | $315,000 |
Source: ARMLS #6572983 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | -- | $5,910 +17.3% |
| 2021 | $391 +0.2% | $5,040 -1.8% |
| 2020 | $391 +1.7% | $5,130 +32.6% |
| 2019 | $384 | $3,870 +35.1% |
| 2018 | $384 +2.4% | $2,865 +15.1% |
| 2017 | $375 +4.3% | $2,490 +9.9% |
| 2016 | $360 +10.9% | $2,265 -6.3% |
| 2015 | $324 | $2,416 +26.9% |
| 2014 | -- | $1,904 -33.9% |
| 2013 | -- | $2,880 -12.2% |
| 2012 | -- | $3,280 -29.3% |
| 2011 | -- | $4,640 -50.4% |
| 2010 | -- | $9,360 +17% |
| 2009 | -- | $8,000 +44.9% |
| 2008 | -- | $5,520 +72.5% |
| 2007 | -- | $3,200 +60% |
| 2006 | -- | $2,000 +31.6% |
| 2005 | -- | $1,520 |
| 2004 | -- | $1,520 -24% |
| 2003 | -- | $2,000 |
| 2002 | -- | $2,000 |
Find assessor info on the county website
Neighborhood: Central City
Nearby homes
- $255,000-- bd-- ba-- sqft2005 W Adams St, Phoenix, AZ 85009Sold
- $39,4007,000 Square Feet2001 W Adams St, Phoenix, AZ 85009Off Market
- $263,1002 bd1 ba800 sqft2015 W Adams St, Phoenix, AZ 85009Off Market
- $508,0002 bd1 ba900 sqft2013 W Adams St, Phoenix, AZ 85009Off Market
- $--2 bd1 ba750 sqft2013 W Adams St #2015, Phoenix, AZ 85009Off Market
- $293,4002 bd1 ba1.2k sqft2002 W Washington St, Phoenix, AZ 85009Off Market
- $234,700-- bd1 ba844 sqft2006 W Washington St, Phoenix, AZ 85009Off Market
- $211,100-- bd1 ba1.4k sqft2019 W Adams St, Phoenix, AZ 85009Off Market
Nearby schools
GreatSchools rating
- 5/10Mary McLeod Bethune SchoolGrades: PK-8Distance: 1.2 mi
- 3/10Central High SchoolGrades: 9-12Distance: 4 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.
- Arizona
- Maricopa County
- Phoenix
- 85009
- Central City
- 2005 W ADAMS Street Unit -
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