a four-unit apartment community located near Downtown Phoenix. Originally constructed in 1938, the property features a mix of studio, one-bedroom, and two-bedroom units, two of which are currently occupied. Current ownership has made upgrades to each of the unit interiors to various levels, including kitchens, bathrooms, in-unit electrical panels, and plumbing. Future ownership will have the opportunity to capture additional value-add upside through continued interior and exterior renovations. The property sits just outside of Downtown Phoenix, with easy proximity to Downtown government buildings, employment centers, and freeway access.. Great opportunity for either an investor or owner-occupant.
Pending
$515,000
2032 W ADAMS Street, Phoenix, AZ 85009
4beds
4baths
1,860sqft
Multi Family
Built in 1938
-- sqft lot
$-- Zestimate®
$277/sqft
$-- HOA
What's special
- 155 days |
- 64 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Bradley Skenderian 949-533-5594,
Matthews Real Estate Investment Services
Source: ARMLS,MLS#: 6978483

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric, Natural Gas
Cooling
- Evaporative Cooling, Electric, 2 or More Units
Appliances
- Included: Free-Standing Range
Features
- Flooring: Other, Carpet
Interior area
- Total structure area: 1,860
- Total interior livable area: 1,860 sqft
Property
Parking
- Total spaces: 4
- Parking features: Other
- Uncovered spaces: 4
Lot
- Size: 7,000 Square Feet
- Dimensions: 70 x 100
Details
- Parcel number: 10931068A
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1938
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: No Pool
- Subdivision: CAPITOL ADDITION
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $380,200
- Annual tax amount: $965
- Date on market: 2/2/2026
- Cumulative days on market: 156 days
- Listing terms: No Carry,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Pending sale | $515,000$277/sqft |
Source: | ||
| 3/9/2026 | Price change | $515,000-6.4%$277/sqft |
Source: | ||
| 2/2/2026 | Listed for sale | $550,000+316.7%$296/sqft |
Source: | ||
| 4/30/2015 | Sold | $132,000+65%$71/sqft |
Source: | ||
| 4/7/2014 | Sold | $80,000-6.9%$43/sqft |
Source: Public Record Report a problem | ||
| 3/11/2014 | Listed for sale | $85,900-4.4%$46/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 1/25/2014 | Listing removed | $89,900$48/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 1/17/2014 | Price change | $89,900-10%$48/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 1/9/2014 | Price change | $99,900-5.7%$54/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 12/18/2013 | Price change | $105,900-3.6%$57/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 11/21/2013 | Price change | $109,900-8.3%$59/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 10/13/2013 | Price change | $119,900-7.7%$64/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 9/23/2013 | Price change | $129,900-7.1%$70/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 9/9/2013 | Listed for sale | $139,900+115.2%$75/sqft |
Source: West USA Realty #4995616 Report a problem | ||
| 6/11/2010 | Sold | $65,000+0.2%$35/sqft |
Source: | ||
| 5/23/2010 | Price change | $64,900-27.1%$35/sqft |
Source: Christian Broadwell #4394875 Report a problem | ||
| 5/9/2010 | Listed for sale | $89,000$48/sqft |
Source: RE/MAX Diamond #4325968 Report a problem | ||
| 3/20/2010 | Listing removed | $89,000$48/sqft |
Source: RE/MAX Diamond #4325968 Report a problem | ||
| 1/30/2010 | Listed for sale | $89,000+39.1%$48/sqft |
Source: RE/MAX Diamond #4325968 Report a problem | ||
| 8/26/2009 | Sold | $64,000+1.6%$34/sqft |
Source: Public Record Report a problem | ||
| 7/30/2009 | Price change | $63,000+5%$34/sqft |
Source: foreclosure.com Report a problem | ||
| 7/19/2009 | Listed for sale | $60,000-11.1%$32/sqft |
Source: foreclosure.com Report a problem | ||
| 5/12/2009 | Sold | $67,500-71.3%$36/sqft |
Source: Public Record Report a problem | ||
| 6/14/2005 | Sold | $235,000+134.1%$126/sqft |
Source: Public Record Report a problem | ||
| 11/6/2003 | Sold | $100,394+6.8%$54/sqft |
Source: Public Record Report a problem | ||
| 4/19/2001 | Sold | $94,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $965 +6.2% | $38,020 -5.9% |
| 2024 | $909 +1% | $40,420 +555.8% |
| 2023 | $900 +3.7% | $6,163 -68.7% |
| 2022 | $868 -0.4% | $19,710 +12.2% |
| 2021 | $871 +0.2% | $17,560 +23.2% |
| 2020 | $870 +1.7% | $14,250 +21.2% |
| 2019 | $855 | $11,760 +25.6% |
| 2018 | $855 +2.4% | $9,360 +3.2% |
| 2017 | $835 +11.3% | $9,070 +31.8% |
| 2016 | $751 -5.7% | $6,880 -18.8% |
| 2015 | $796 | $8,470 +163.9% |
| 2013 | -- | $3,210 -3% |
| 2012 | -- | $3,310 -65.4% |
| 2011 | -- | $9,563 -32.9% |
| 2010 | -- | $14,245 -4.1% |
| 2009 | -- | $14,859 +39.1% |
| 2008 | -- | $10,686 +34.4% |
| 2007 | -- | $7,950 +32.6% |
| 2005 | -- | $5,996 -48.3% |
| 2004 | -- | $11,598 +2.8% |
| 2003 | -- | $11,278 +7.9% |
| 2002 | -- | $10,451 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 5/10Mary McLeod Bethune SchoolGrades: PK-8Distance: 1.3 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85009
- Central City
- 2032 W ADAMS Street







