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For sale
  • Price cut: $10K (6/4)
    $515,000

    3105 W MADISON Street, Phoenix, AZ 85009

    9beds
    3baths
    2,940sqft
    : 
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    Multi Family
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $175/sqft
    $-- HOA

    What's special

    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.
    80 days
    |
    247
    |
    35
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryce Neagle 602-714-8931,

    ABI Multifamily,

    Andrew Arambula 602-714-8994,

    ABI Multifamily

    Source: ARMLS,MLS#: 7013922MLS Logo

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      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: $175/sqft
      • Tax assessed value: $438,000
      • Annual tax amount: $846
      • Date on market: 4/15/2026
      • Cumulative days on market: 80 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

        DateEventPrice
        6/4/2026Price change$515,000-1.9%$175/sqft
        Source: ARMLS #7013922 Report a problem
        5/22/2026Price change$525,000-4.5%$179/sqft
        Source: ARMLS #7013922 Report a problem
        4/15/2026Listed for sale$550,000+42.9%$187/sqft
        Source: ARMLS #7013922 Report a problem
        9/11/2024Sold$385,000+862.5%$131/sqft
        Source: Public Record Report a problem
        7/21/1998Sold$40,000$14/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Estrella

        Getting around

        52 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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