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For sale
  • Price cut: $228.6K (6/19)
    $700,000

    2223 E ROOSEVELT Street, Phoenix, AZ 85006

    7beds
    4baths
    2,550sqft
    : 
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    Multi Family
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $275/sqft
    $-- HOA

    What's special

    Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,550, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.
    38 days
    |
    135
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Josiah Miller 480-290-3239,

    West USA Realty

    Source: ARMLS,MLS#: 7038723MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: Free-Standing Range, Refrigerator, Washer/Dryer
      • Laundry: W/D Hookup
      Features
      • Flooring: Other, Ceramic Tile
      Interior area
      • Total structure area: 2,550
      • Total interior livable area: 2,550 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Free
      • Uncovered spaces: 4
      Features
      • Exterior features: Sidewalk(s)
      Details
      • Parcel number: 11603013
      • Zoning: R-5

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Painted, Stucco, Block
      • Roof: Composition
      Condition
      • Year built: 1952

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: See Remarks, City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: BUMBALOW HEIGHTS BLK 1
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $470,700
      • Annual tax amount: $923
      • Date on market: 6/7/2026
      • Cumulative days on market: 38 days
      • Listing terms: Conventional,1031 Exchange
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/19/2026Price change$700,000-24.6%$275/sqft
        Source: ARMLS #7038723 Report a problem
        6/8/2026Listed for sale$928,640-22.6%$364/sqft
        Source: ARMLS #7038723 Report a problem
        1/14/2026Listing removed$1,200,000$471/sqft
        Source: ARMLS #6859452 Report a problem
        5/6/2025Listed for sale$1,200,000+54.8%$471/sqft
        Source: ARMLS #6859452 Report a problem
        2/9/2024Listing removed$775,000$304/sqft
        Source: ARMLS #6240535 Report a problem
        6/15/2021Listing removed$775,000$304/sqft
        Source: ARMLS #6240535 Report a problem
        5/24/2021Listed for sale$775,000-54.1%$304/sqft
        Source: ARMLS #6240535 Report a problem
        8/6/2019Listing removed$1,687,000$662/sqft
        Source: Distinctive Real Estate Ventur #5959388 Report a problem
        8/1/2019Listed for sale$1,687,000+3489.4%$662/sqft
        Source: Distinctive Real Estate Ventur #5959388 Report a problem
        3/1/2012Sold$47,000$18/sqft
        Source: ARMLS #4687087 Report a problem
        12/2/2011Listed for sale$47,000-77.5%$18/sqft
        Source: isNowListed.com Report a problem
        11/19/2010Sold$208,836+260.1%$82/sqft
        Source: Public Record Report a problem
        3/5/1999Sold$58,000$23/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$923 +3.9%$47,070 -0.8%
        2024$888 +1.2%$47,430 +665.2%
        2023$878 +4.1%$6,198 -73.8%
        2022$844 +0%$23,680 +13.2%
        2021$843 +0.7%$20,910 +19.3%
        2020$837 +2.1%$17,520 +22.4%
        2019$820 $14,310 +12.9%
        2018$820 +4%$12,670 +15.2%
        2017$788 +11.8%$11,000 +28.5%
        2016$705 +8%$8,560 +16.3%
        2015$653 $7,360 +25.4%
        2014-- $5,870 +74.2%
        2013-- $3,370 -15.8%
        2012-- $4,000 -22.8%
        2011-- $5,180 -56.4%
        2010-- $11,880 -34.8%
        2009-- $18,220 -5.2%
        2008-- $19,210 +27.2%
        2007-- $15,100 +25.3%
        2006-- $12,050
        2005-- $12,050 +83.6%
        2004-- $6,563
        2003-- $6,563 +31.3%
        2002-- $5,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        Getting around

        47 / 100
        Car-Dependent
        44 / 100
        Some Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Excelencia School
        • Middle: Excelencia School
        • High: North High School
        • District: Creighton Elementary District

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

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