Sold for $485,000

$485,000

3101 W MADISON Street, Phoenix, AZ 85009

10beds

4baths

3,400sqft

Multi Family

Built in 1986

-- sqft lot

$491,100 Zestimate^®

$143/sqft

$1,556 Estimated rent

Home value

$491,100

$447,000 - $540,000

$1,556/mo

Zestimate^® history

Owner options

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$1,556/mo

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$1,556/mo

Rent Zestimate^®

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$2,855/mo

Est. payment

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$2,855/mo

Est. payment

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What's special

4-plex. All units are occupied, The Tenants have been living there for a long time. The property is located within a close proximity to I-10 and I-17 Fwys.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 4

Heating

Other

Cooling

Evaporative Cooling

Appliances

Included: Built-In Range, Refrigerator

Features

Flooring: Carpet, Vinyl

Interior area

Total structure area: 3,400
Total interior livable area: 3,400 sqft

Property

Parking

Total spaces: 8
Parking features: <1 Space Per Unit
Uncovered spaces: 8

Details

Parcel number: 10940061
Zoning: Unknown

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Stucco
Roof: Composition

Condition

Year built: 1986

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: See Remarks
Subdivision: PROSPERITY PARK

Location

Region: Phoenix

Financial & listing details

Price per square foot: $143/sqft
Tax assessed value: $562,700
Annual tax amount: $1,102
Date on market: 11/11/2025
Cumulative days on market: 13 days
Listing terms: Conventional
Ownership: Fee Simple
Electric utility on property: Yes

Price history

Date	Event	Price
2/20/2025	Sold	$485,000$143/sqft
Source: ARMLS #6803154 Report a problem
1/30/2025	Pending sale	$485,000$143/sqft
Source: ARMLS #6803154 Report a problem
1/22/2025	Listed for sale	$485,000$143/sqft
Source: ARMLS #6803154 Report a problem
1/15/2025	Pending sale	$485,000$143/sqft
Source: ARMLS #6803154 Report a problem
1/10/2025	Listed for sale	$485,000+2594.4%$143/sqft
Source: ARMLS #6803154 Report a problem
6/23/1995	Sold	$18,000$5/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,093 -0.9%	$56,270 -1%
2024	$1,102 +5.2%	$56,820 +617.2%
2023	$1,048 +4.3%	$7,923 -70.8%
2022	$1,005 -2.3%	$27,180 +16.9%
2021	$1,029 +1.1%	$23,260 +17.8%
2020	$1,018 +2.1%	$19,750 +15.4%
2019	$997	$17,110 +23.3%
2018	$997 +4%	$13,880 +4.6%
2017	$958 +5.8%	$13,270 +28.8%
2016	$906 +4.1%	$10,300 +17.3%
2015	$871	$8,780 +21.9%
2014	--	$7,200 +63.3%
2013	--	$4,410 -16.5%
2012	--	$5,280 -52.3%
2011	--	$11,064 -28.6%
2010	--	$15,500 -39.9%
2009	--	$25,770 -3.3%
2008	--	$26,650 +16.6%
2007	--	$22,850 +38.9%
2006	--	$16,450
2005	--	$16,450 +84.8%
2004	--	$8,900
2003	--	$8,900 +0.6%
2002	--	$8,850