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.
Pending
$375,000
347 N 16TH Avenue, Phoenix, AZ 85007
5beds
3baths
2,000sqft
Multi Family
Built in 1951
-- sqft lot
$-- Zestimate®
$188/sqft
$-- HOA
What's special
Corner lotOn-site laundry
- 163 days
- 318
- 26
Zillow last checked:
Listing updated:
Listed by:
Tyler Nick 480-299-4132,
McMath Realty LLC
Source: ARMLS,MLS#: 6992517
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: 3/21/2026
- Cumulative days on market: 164 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 |
|---|---|---|
| 8/19/2026 | Pending sale | $375,000$188/sqft |
Source:  ARMLS #6992517 Report a problem | ||
| 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
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Neighborhood: Central City
Nearby schools
Schools provided by the listing agent
- Elementary: Capitol Elementary School
- Middle: Capitol Elementary School
- High: Metro Tech High School
- District: Phoenix 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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