For sale

$375,000

347 N 16TH Avenue, Phoenix, AZ 85007

5beds

3baths

2,000sqft

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Multi Family

Built in 1951

-- sqft lot

$-- Zestimate^®

$188/sqft

$-- HOA

What's special

Corner lotOn-site laundry

Excellent opportunity to own a cash flowing, low maintenance triplex near downtown Phoenix. Two 2-bedroom, 1 bath units and one renovated 1-bedroom, 1 bath unit. On-site laundry. Corner lot with 2 buildings. Strong rents with consistent, stable tenants. Opportunity for value-add and rent increases.

123 days

417

33

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Individual, Central, Heat Pump, Electric

Cooling

Central Air, Electric, Heat Pump, Individual

Appliances

Included: Refrigerator, Free-Standing Gas Oven
Laundry: W/D Hookup

Features

Flooring: Tile, Laminate

Interior area

Total structure area: 2,000
Total interior livable area: 2,000 sqft

Property

Parking

Total spaces: 5
Parking features: >1 Space Per Unit
Covered spaces: 1
Uncovered spaces: 4

Lot

Size: 6,754 Square Feet
Dimensions: 6754 total sq ft

Details

Parcel number: 11126028
Zoning: R-5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco
Roof: Composition

Condition

Year built: 1951

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: Other
Subdivision: CAPITOLA PLACE

Location

Region: Phoenix

Financial & listing details

Price per square foot: $188/sqft
Annual tax amount: $1,329
Date on market: 3/15/2026
Cumulative days on market: 124 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

Price history

Date	Event	Price
3/19/2026	Listed for sale	$375,000$188/sqft
Source: ARMLS #6992517 Report a problem
3/5/2026	Pending sale	$375,000$188/sqft
Source: ARMLS #6992517 Report a problem
3/3/2026	Listed for sale	$375,000$188/sqft
Source: ARMLS #6992517 Report a problem
9/30/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/24/2021	Listed for rent	$800
Source: Zillow Rental Manager Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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