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Sold for $799,000
  • $799,000

    2608 W PIERSON Street, Phoenix, AZ 85017

    4beds
    1baths
    2,300sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $798,900 Zestimate®
    $347/sqft
    $1,361 Estimated rent

    Home value

    $798,900

    $735,000 - $871,000

    $1,361/mo

    Zestimate® history
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    What's special

    Updated flooringModernized kitchensRefreshed bathrooms
    Four at Pierson | W Pierson Street | Phoenix, AZ 85017. Positioned in a high-demand rental corridor just minutes from Grand Canyon University, major parks, and immediate freeway access, Four at Pierson presents a Four at Pierson presents a remodeled (3 out of the 4 units are extensively remodeled) converted fourplex investment opportunity in the heart of Phoenix. This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring, modernized kitchens, and refreshed bathrooms. The improvements provide strong tenant appeal while minimizing near-term capital expenditure. All units are currently leased through Home Inc, with rental income ranging from $1,467 to $1,590 per unit, offering stabilized cash flow... in a prime university adjacent location. Recent capital improvements include the full replacement of existing sewer lines, providing a significant infrastructure upgrade and reducing future deferred maintenance risk. Investment Highlights: (3 out of the 4 units are extensively remodeled) Fourplex Four 1BR / 1BA units Strong in-place rents: $1,467-$1,590 per unit Sewer lines recently replaced Prime proximity to GCU, parks, retail, and major freeways Professionally managed (Home Inc) Seller Financing Opportunity: Seller is willing to carry $50,000 down and will structure an exact wrap of the existing note at 7.25% interest rate, creating a compelling financing option for qualified buyers. All facts and figures are approximate. Buyer to verify all MLS information and conduct independent due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sophia J Willets 561-269-9525,

    Get Multifamily,

    Garrett Pedicini 602-791-9497,

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    Bought with:

    Sophia J Willets, BR648866000

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    Source: ARMLS,MLS#: 6982836MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Free-Standing Range, Refrigerator, Microwave
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 2,300
    • Total interior livable area: 2,300 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: <1 Space Per Unit, On Street
    • Covered spaces: 4
    • Uncovered spaces: 4
    Lot
    • Size: 8,197 sqft
    • Dimensions: 62.45 x 131.27
    Details
    • Parcel number: 15404017A
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1961

    Utilities & green energy

    • Electric: SRP
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: ALTRO TERRACE

    Other

    Other facts
    • Listing terms: Owner May Carry,Conventional,FHA,VA Loan,Wraparound
    • Ownership: Fee Simple
    • Road surface type: Gravel

    Price history

    DateEventPrice
    5/18/2026Sold$799,000-0.1%$347/sqft
    Source: ARMLS #6982836 Report a problem
    2/11/2026Listed for sale$799,900+0.1%$348/sqft
    Source: ARMLS #6982836 Report a problem
    12/25/2025Listing removed$799,000$347/sqft
    Source: ARMLS #6886804 Report a problem
    11/21/2025Price change$799,000-3.7%$347/sqft
    Source: ARMLS #6886804 Report a problem
    10/7/2025Price change$830,000-3.5%$361/sqft
    Source: ARMLS #6886804 Report a problem
    6/30/2025Listed for sale$860,000+7.5%$374/sqft
    Source: ARMLS #6886804 Report a problem
    2/15/2024Sold$799,900$348/sqft
    Source: ARMLS #6654156 Report a problem
    1/29/2024Listed for sale$799,900$348/sqft
    Source: ARMLS #6654156 Report a problem
    1/27/2024Pending sale$799,900$348/sqft
    Source: ARMLS #6654156 Report a problem
    1/23/2024Listed for sale$799,900+41.6%$348/sqft
    Source: ARMLS #6654156 Report a problem
    8/9/2023Sold$565,000+1514.3%$246/sqft
    Source: Public Record Report a problem
    2/16/2012Sold$35,000-88.2%$15/sqft
    Source: Public Record Report a problem
    3/23/2006Sold$297,000+57.4%$129/sqft
    Source: Public Record Report a problem
    5/16/2005Sold$188,700+43.1%$82/sqft
    Source: Public Record Report a problem
    6/26/2002Sold$131,875+17.2%$57/sqft
    Source: Public Record Report a problem
    10/27/2000Sold$112,500+42.4%$49/sqft
    Source: Public Record Report a problem
    7/30/1996Sold$79,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,506 +10.1%$46,830 +6%
    2024$1,368 -0.5%$44,180 +411.5%
    2023$1,374 +1.6%$8,637 -60.8%
    2022$1,353 +3.1%$22,060 +0%
    2021$1,313 +1.2%$22,050 +15%
    2020$1,297 +8.3%$19,170 +20%
    2019$1,197 $15,980 +23.3%
    2018$1,197 +1.3%$12,960 -7.8%
    2017$1,182 +10.3%$14,060 +27.6%
    2016$1,072 -5.3%$11,020 +24.9%
    2015$1,132 $8,820 +12.9%
    2014-- $7,810 +62%
    2013-- $4,820 -18%
    2012-- $5,880 -22.2%
    2011-- $7,560 -35.2%
    2010-- $11,660 -35.3%
    2009-- $18,030 -1.7%
    2008-- $18,350 +17.3%
    2007-- $15,650 +43.6%
    2006-- $10,900
    2005-- $10,900 +32.9%
    2004-- $8,200
    2003-- $8,200 +3.1%
    2002-- $7,950

    Find assessor info on the county website

    Neighborhood: Alhambra

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Alhambra 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
    $798,900
    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
    $798,900