Great Opportunity To Purchase This 14 Unit Apartment Community Consisting of 10 Two Bedroom One Bath Units and 4 One Bedroom One Bath Units Located Just East of Downtown Phoenix. Updates Include Newer Roofs, Windows, Evap Coolers, Mini-Splits, Flooring, Interior Paint & Some Replaced Cabinets In A Few of The Units. Property Is Comprised of 8 Buildings & Situated on 2 Parcels of Land Totaling Over 1 Acre. All Units Have Their Own Electric Meters. Located At 24th Street & Roosevelt This Property Is Conveniently Located Near Several Major Employers, Major Freeways & Sky Harbor Airport.
Sold for $1,900,000
$1,900,000
2316 E ROOSEVELT Street, Phoenix, AZ 85006
24beds
2baths
9,700sqft
Multi Family
Built in 1949
-- sqft lot
$2,394,000 Zestimate®
$196/sqft
$1,399 Estimated rent
Home value
$2,394,000
$2.06M - $2.80M
$1,399/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Daniel Schaffler 480-340-6246,
Compass
Bought with:
Mitchell Drake, SA675761000
ABI Multifamily
Source: ARMLS,MLS#: 6599818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 2
Heating
- Individual
Cooling
- Ceiling Fan(s), Evaporative Cooling, Wall/Window Unit(s), Individual
Appliances
- Included: Free-Standing Range, Other, Refrigerator
Features
- Flooring: Vinyl
Interior area
- Total structure area: 9,700
- Total interior livable area: 9,700 sqft
Property
Parking
- Total spaces: 32
- Parking features: <1 Space Per Unit
- Uncovered spaces: 32
Lot
- Size: 1.06 Acres
- Dimensions: 297 x 155
Details
- Parcel number: 11604114C
- Zoning: R-5 & C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Block
- Roof: Composition
Condition
- Year built: 1949
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Master Meter, City Franchise
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: No Pool
- Subdivision: The Franklin
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $196/sqft
- Annual tax amount: $3,266
- Date on market: 9/2/2023
- Cumulative days on market: 40 days
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2023 | Sold | $1,900,000-13.6%$196/sqft |
Source:  ARMLS #6599818 Report a problem | ||
| 10/12/2023 | Pending sale | $2,200,000$227/sqft |
Source: ARMLS #6599818 Report a problem | ||
| 9/19/2023 | Price change | $2,200,000-1.8%$227/sqft |
Source: ARMLS #6599818 Report a problem | ||
| 9/2/2023 | Listed for sale | $2,240,000+37.8%$231/sqft |
Source: ARMLS #6599818 Report a problem | ||
| 10/13/2020 | Sold | $1,625,000-9.5%$168/sqft |
Source: ARMLS #6123105 Report a problem | ||
| 9/18/2020 | Pending sale | $1,795,000$185/sqft |
Source: Platinum Living Realty #6123105 Report a problem | ||
| 8/27/2020 | Listed for sale | $1,795,000$185/sqft |
Source: Platinum Living Realty #6123105 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central City
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Nearby schools
GreatSchools rating
- 1/10Excelencia SchoolGrades: K-8Distance: 0.4 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- 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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Estimated market value
$2,394,000
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
$2,394,000
- Arizona
- Maricopa County
- Phoenix
- 85006
- Central City
- 2316 E ROOSEVELT Street
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