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Off market
  • Tax assessed value
    $422,200

    2548 W Belmont Ave, Phoenix, AZ 85051

    --beds
    0baths
    2,206sqft
    MultiFamily
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $191/sqft
    $1,226 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,226/mo

    Zestimate® history
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    $1,226/mo

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    What's special

    Income flowing property 11.56% cap rate. All 3 units have been rented for years. All getting social security income and have always paid on time. Units were remodeled in 2009. This is an irrigated lot so expenses are very low. Rents are a total of $1, 925 per month. If you are looking for a great income property with very low maintenance costs then this is the property. Roof mounted A/C units are about 10 years old, roof is about 6 years old, 2 of the water heaters are 5 years old. All of this equals low continuing maintenance costs. Please do not disturb the tenants.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Linoleum / Vinyl
    Interior area
    • Total interior livable area: 2,206 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 9,545 Square Feet
    Details
    • Parcel number: 15729154

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1947

    Community & HOA

    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $191/sqft
    • Tax assessed value: $422,200
    • Annual tax amount: $1,138

    Price history

    DateEventPrice
    8/14/2015Sold$185,000-7.5%$84/sqft
    Source: ARMLS #5237508 Report a problem
    5/23/2015Price change$199,8990%$91/sqft
    Source: Realty Executives Broker of Record #5237508 Report a problem
    2/17/2015Listed for sale$199,900+205.2%$91/sqft
    Source: Realty Executives #5237508 Report a problem
    10/18/2010Sold$65,500+0.8%$30/sqft
    Source: Public Record Report a problem
    11/11/2009Listed for sale$65,000-70.8%$29/sqft
    Source: Realty Executives #4288007 Report a problem
    7/14/2005Sold$222,500$101/sqft
    Source: ARMLS #2316196 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,138 +3.9%$42,220 -4.4%
    2024$1,095 +1.8%$44,180 +436.3%
    2023$1,076 +2%$8,238 -65.8%
    2022$1,055 +1.2%$24,120 +15.6%
    2021$1,042 +1.9%$20,860 +5.8%
    2020$1,023 +2.7%$19,720 +18.9%
    2019$996 $16,580 +18.6%
    2018$996 +0.5%$13,980 +18.8%
    2017$991 +10%$11,770 +9.5%
    2016$901 -4%$10,750 +2.3%
    2015$939 $10,510 +52.3%
    2014-- $6,900 +44.4%
    2013-- $4,780 -21.6%
    2012-- $6,100 -57.6%
    2011-- $14,378 -19.9%
    2010-- $17,958 -8.5%
    2009-- $19,629 +11.7%
    2008-- $17,569 +25.6%
    2007-- $13,985 +21.9%
    2006-- $11,471
    2005-- $11,471 +34.7%
    2004-- $8,517
    2003-- $8,517 +3.4%
    2002-- $8,237
    Find assessor info on the county website

    Neighborhood: Alhambra

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington Elementary - Phoenix
    • Middle: Palo Verde Middle
    • High: Cortez
    • District: Glendale Union High

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

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