This 3-unit garden-style property, built in 1986, features three large 3-bedroom / 1-bath units with 980 sqft of living space each. Select units have been upgraded, but the property offers a strong value-add opportunity through both interior and exterior renovations. Each unit is equipped with its own washer and dryer, and the property is individually metered for electricity.
For sale
Price cut: $6K (8/18)
$499,000
3105 W MADISON Street, Phoenix, AZ 85009
9beds
3baths
2,940sqft
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$170/sqft
$-- HOA
What's special
- 126 days |
- 225 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Bryce Neagle 602-714-8931,
ABI Multifamily,
Andrew Arambula 602-714-8994,
ABI Multifamily
Source: ARMLS,MLS#: 7013922
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Heating
- Individual
Cooling
- Electric
Appliances
- Included: Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 2,940
- Total interior livable area: 2,940 sqft
Property
Parking
- Total spaces: 7
- Parking features: >1 Space Per Unit
- Uncovered spaces: 7
Lot
- Size: 7,680 Square Feet
- Dimensions: 7,680 sqft
Details
- Parcel number: 10940063
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Electric: Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Other
- Subdivision: PROSPERITY PARK
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $438,000
- Annual tax amount: $846
- Date on market: 4/14/2026
- Cumulative days on market: 127 days
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $499,000-1.2%$170/sqft |
Source:  ARMLS #7013922 Report a problem | ||
| 8/3/2026 | Price change | $505,000-1.9%$172/sqft |
Source: ARMLS #7013922 Report a problem | ||
| 6/4/2026 | Price change | $515,000-1.9%$175/sqft |
Source: ARMLS #7013922 Report a problem | ||
| 5/22/2026 | Price change | $525,000-4.5%$179/sqft |
Source: ARMLS #7013922 Report a problem | ||
| 4/15/2026 | Listed for sale | $550,000+42.9%$187/sqft |
Source: ARMLS #7013922 Report a problem | ||
| 9/11/2024 | Sold | $385,000+862.5%$131/sqft |
Source: Public Record Report a problem | ||
| 7/21/1998 | Sold | $40,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $846 -13.2% | $43,800 +2.3% |
| 2024 | $975 +5.1% | $42,810 +510.5% |
| 2023 | $928 +4.3% | $7,012 -65.8% |
| 2022 | $890 -2.3% | $20,530 +13% |
| 2021 | $910 +1.1% | $18,170 +14.9% |
| 2020 | $900 +2.1% | $15,820 +3.2% |
| 2019 | $882 | $15,330 +24.1% |
| 2018 | $882 +4% | $12,350 +7.9% |
| 2017 | $848 +5.8% | $11,450 +29.7% |
| 2016 | $802 +5.4% | $8,830 +15.9% |
| 2015 | $761 | $7,620 +22.9% |
| 2014 | -- | $6,200 +56.6% |
| 2013 | -- | $3,960 -11% |
| 2012 | -- | $4,450 -53.5% |
| 2011 | -- | $9,569 -28.7% |
| 2010 | -- | $13,430 -35.7% |
| 2009 | -- | $20,880 -4.7% |
| 2008 | -- | $21,900 +19.3% |
| 2007 | -- | $18,350 +31.5% |
| 2006 | -- | $13,950 |
| 2005 | -- | $13,950 +89.8% |
| 2004 | -- | $7,350 |
| 2003 | -- | $7,350 +0.7% |
| 2002 | -- | $7,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Estrella
Nearby schools
GreatSchools rating
- 5/10William R Sullivan Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 3/10Carl Hayden High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Murphy 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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