A fantastic investment opportunity! Duplex built in 2006, split-face block construction, concrete driveway & parking pad, 4 vehicle steel carport provides a 2 covered parking spaces for each unit, 6.13% CAP rate providing an attractive return of investment. Each unit feature a 3 bedrooms, 2 bathrooms, separate electric meters. Recent updates in 2023 include new roof, fully remodeled bathrooms with walk-in showers & frameless glass, tile flooring throughout, new kitchen appliances, granite countertops, indoor laundry room-features sure to attract tenants. Additionally, the duplex boasts private front & backyard, which is a huge plus. Its prime location, just minutes to sky harbor airport & downtown phoenix makes it highly desirable for tenants seeking, convenience. Don't miss this one!!
Sold for $580,000
Street View
$580,000
2704 E SOUTHGATE Avenue, Phoenix, AZ 85040
6beds
4baths
2,400sqft
Multi Family
Built in 2006
-- sqft lot
$579,500 Zestimate®
$242/sqft
$1,921 Estimated rent
Home value
$579,500
$527,000 - $632,000
$1,921/mo
Zestimate® history
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$3,306/mo
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Fully remodeled bathroomsPrivate front and backyardWalk-in showersGranite countertopsNew kitchen appliancesIndoor laundry roomTile flooring
Zillow last checked:
Listing updated:
Listed by:
Khalid Osman 602-295-8293,
1912 Realty
Bought with:
Non-Represented Buyer
Non-MLS Office
Source: ARMLS,MLS#: 6848547
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Disposal, Dishwasher, Refrigerator, Washer/Dryer
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 4
- Parking features: See Remarks, Other, >1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 4
Lot
- Size: 0.29 Acres
- Dimensions: 134.12 x 95.10
Details
- Parcel number: 12220141
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 2006
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Other, Play Area, No Pool
- Subdivision: PEILA HOMES LOTS 39-79, 103-126
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $454,800
- Annual tax amount: $1,454
- Date on market: 4/23/2025
- Cumulative days on market: 275 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Sold | $580,000-6.5%$242/sqft |
Source:  ARMLS #6848547 Report a problem | ||
| 12/2/2025 | Price change | $620,000-0.8%$258/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 11/8/2025 | Price change | $625,000+0.8%$260/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 10/21/2025 | Price change | $620,000-0.8%$258/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 8/27/2025 | Price change | $625,000+0.2%$260/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 8/26/2025 | Price change | $624,000-0.1%$260/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 8/15/2025 | Price change | $624,900+0.1%$260/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 8/6/2025 | Price change | $624,000-0.2%$260/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 7/14/2025 | Price change | $625,000-1.6%$260/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 4/23/2025 | Listed for sale | $635,000+35.1%$265/sqft |
Source: ARMLS #6848547 Report a problem | ||
| 3/18/2022 | Sold | $470,000$196/sqft |
Source: ARMLS #6355294 Report a problem | ||
| 3/2/2022 | Pending sale | $470,000$196/sqft |
Source: ARMLS #6355294 Report a problem | ||
| 2/25/2022 | Listed for sale | $470,000$196/sqft |
Source: ARMLS #6355294 Report a problem | ||
| 2/17/2022 | Pending sale | $470,000$196/sqft |
Source: ARMLS #6355294 Report a problem | ||
| 2/14/2022 | Listed for sale | $470,000+213.3%$196/sqft |
Source: ARMLS #6355294 Report a problem | ||
| 8/30/2013 | Sold | $150,000+53.1%$63/sqft |
Source: Public Record Report a problem | ||
| 8/20/2012 | Sold | $98,000+151.5%$41/sqft |
Source: Public Record Report a problem | ||
| 12/15/2011 | Sold | $38,961-86.9%$16/sqft |
Source: Public Record Report a problem | ||
| 10/5/2006 | Sold | $297,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,492 +2.6% | $45,480 -6.7% |
| 2024 | $1,454 +2.9% | $48,730 +442.8% |
| 2023 | $1,413 +2% | $8,978 -64.8% |
| 2022 | $1,384 -0.8% | $25,500 +20.7% |
| 2021 | $1,395 +3.4% | $21,120 +10.2% |
| 2020 | $1,350 +2.8% | $19,170 +11.5% |
| 2019 | $1,314 | $17,200 +21% |
| 2018 | $1,314 +4.9% | $14,220 +20.9% |
| 2017 | $1,252 +11.7% | $11,760 +11.9% |
| 2016 | $1,121 -1.8% | $10,510 +26.2% |
| 2015 | $1,142 | $8,330 +8.6% |
| 2014 | -- | $7,670 +48.6% |
| 2013 | -- | $5,160 -0.4% |
| 2012 | -- | $5,180 -2.6% |
| 2011 | -- | $5,320 -57% |
| 2010 | -- | $12,370 -43.1% |
| 2009 | -- | $21,730 +140.4% |
| 2008 | -- | $9,040 +63.8% |
| 2007 | -- | $5,520 +53.3% |
| 2006 | -- | $3,600 +60.7% |
| 2005 | -- | $2,240 |
| 2004 | -- | $2,240 +40% |
| 2003 | -- | $1,600 |
| 2002 | -- | $1,600 |
Find assessor info on the county website
Neighborhood: South Mountain
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Nearby schools
GreatSchools rating
- NAMartin Luther King Jr Elementary SchoolGrades: PK-3Distance: 0.7 mi
- 5/10Percy L Julian SchoolGrades: K-8Distance: 0.9 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Percy L Julian School
- Middle: Percy L Julian School
- High: South Mountain High School
- District: Roosevelt 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
$579,500
Get a cash offer in 3 minutes
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Estimated market value
$579,500
- Arizona
- Maricopa County
- Phoenix
- 85040
- South Mountain
- 2704 E SOUTHGATE Avenue
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