100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.
Sold for $517,000
$517,000
315 E Carol Avenue, Phoenix, AZ 85020
5beds
3baths
1,760sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$294/sqft
$2,313 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,313/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Keith Grayson 602-418-0350,
Grayson Real Estate
Bought with:
Non-Represented Buyer
Non-MLS Office
Source: ARMLS,MLS#: 7004013
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Individual, Central, Heat Pump, 2 or More Units, Electric, Natural Gas
Cooling
- Central Air, Electric, Heat Pump, Individual, 2 or More Units
Appliances
- Included: Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, 1 Space/Unit
- Uncovered spaces: 4
Lot
- Size: 7,480 Square Feet
- Dimensions: 55 x 136
Details
- Parcel number: 15945086
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Electric: APS, Master Meter
- Sewer: Public Sewer
- Water: Master Meter, City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: TENGEN PLACE ADDITION
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $294/sqft
- Tax assessed value: $364,700
- Annual tax amount: $428
- Date on market: 12/22/2025
- Cumulative days on market: 141 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $517,000+59.1%$294/sqft |
Source:  ARMLS #7004013 Report a problem | ||
| 8/4/2025 | Sold | $325,000+44.4%$185/sqft |
Source: ARMLS #6825850 Report a problem | ||
| 11/22/2019 | Sold | $225,000+78.6%$128/sqft |
Source: Public Record Report a problem | ||
| 6/3/2019 | Sold | $126,000+154.5%$72/sqft |
Source: Public Record Report a problem | ||
| 10/5/2012 | Sold | $49,500+98%$28/sqft |
Source: Public Record Report a problem | ||
| 3/31/2009 | Sold | $25,000-83.5%$14/sqft |
Source: Public Record Report a problem | ||
| 6/12/2008 | Sold | $151,325-8.3%$86/sqft |
Source: Public Record Report a problem | ||
| 3/18/2005 | Sold | $165,000+25%$94/sqft |
Source: Public Record Report a problem | ||
| 8/4/2003 | Sold | $132,000$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $438 +3.9% | $36,470 +0.2% |
| 2024 | $422 +1.8% | $36,400 +1046.8% |
| 2023 | $414 +2% | $3,174 -80.3% |
| 2022 | $407 +1.3% | $16,120 +38.6% |
| 2021 | $401 +1.9% | $11,630 +21.4% |
| 2020 | $394 +2.7% | $9,580 +35.9% |
| 2019 | $384 | $7,050 +38.8% |
| 2018 | $384 +0.5% | $5,080 -12.9% |
| 2017 | $382 +10% | $5,830 +9.4% |
| 2016 | $347 -0.3% | $5,330 +32.3% |
| 2015 | $348 | $4,030 +65.8% |
| 2014 | -- | $2,430 +30.6% |
| 2013 | -- | $1,860 -44.1% |
| 2012 | -- | $3,330 -57% |
| 2011 | -- | $7,752 -29% |
| 2010 | -- | $10,916 -13.7% |
| 2009 | -- | $12,647 +15.3% |
| 2008 | -- | $10,970 +35.4% |
| 2007 | -- | $8,102 +50.5% |
| 2006 | -- | $5,382 |
| 2005 | -- | $5,382 +99.6% |
| 2004 | -- | $2,696 |
Find assessor info on the county website
Neighborhood: North Mountain
Nearby homes
- $--2 bd1 ba700 sqft315 E Carol Ave #2, Phoenix, AZ 85020Off Market
- $--2 bd1 ba700 sqft315 E Carol Ave UNIT 3, Phoenix, AZ 85020Off Market
- $--2 bd1 ba-- sqft315 E Carol Ave #A, Phoenix, AZ 85020Off Market
- $--2 bd1 ba700 sqft315 E Carol Ave #B, Phoenix, AZ 85020Off Market
- $--2 bd1 ba700 sqft315 E Carol Ave #C, Phoenix, AZ 85020Off Market
- $--1 bd1 ba600 sqft315 E Carol Ave APT 1, Phoenix, AZ 85020Off Market
- $426,1003 bd1 ba1.8k sqft315 E Carol Ave #PHOENIX 85020, Phoenix, AZ 85020Off Market
- $311,2002 bd2 ba923 sqft313 E Carol Ave, Phoenix, AZ 85020Off Market
Nearby schools
GreatSchools rating
- 4/10Sunnyslope Elementary SchoolGrades: K-8Distance: 0.2 mi
- 9/10Sunnyslope High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Sunnyslope Elementary School
- Middle: Sunnyslope Elementary School
- High: Sunnyslope High School
- District: Washington Elementary School 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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- Arizona
- Maricopa County
- Phoenix
- 85020
- North Mountain
- 315 E Carol Avenue
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