Ideal triplex for investors seeking strong cash flow and reliable monthly income. Zero vacancy the past 7+ years! Located just minutes from Downtown and freeway access. Two 2-bedroom, 1 bath units and one studio. Each unit individually metered for electricity. In-unit laundry! NEW ROOF IN 2025! Large lot provides room for expansion. While fully occupied and positioned for immediately cash flow, there is value-add opportunity here. Great investment as-is with attractive potential.
Sold for $330,000
$330,000
421 N 18TH Drive, Phoenix, AZ 85007
4beds
3baths
1,600sqft
Multi Family
Built in 1926
-- sqft lot
$360,600 Zestimate®
$206/sqft
$1,174 Estimated rent
Home value
$360,600
$343,000 - $379,000
$1,174/mo
Zestimate® history
Owner options
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$1,174/mo
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$1,174/mo
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$1,904/mo
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$1,904/mo
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List your homeWhat's special
Large lotOne studioIn-unit laundry
Zillow last checked:
Listing updated:
Listed by:
Tyler Nick 480-299-4132,
McMath Realty LLC
Bought with:
Maico S Olivares, SA710216000
HomeSmart Realty
Source: ARMLS,MLS#: 6988478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Individual, Central, Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual
Appliances
- Included: Free-Standing Range, Disposal, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
- Laundry: W/D Hookup
Features
- Flooring: Tile, Laminate
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: On Street
Lot
- Size: 8,700 sqft
- Dimensions: 8700 sq ft
Details
- Parcel number: 11124080
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Foam
Condition
- Year built: 1926
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: Other
Location
- Region: Phoenix
- Subdivision: OAKLAND
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Sold | $330,000-12%$206/sqft |
Source:  ARMLS #6988478 Report a problem | ||
| 4/2/2026 | Pending sale | $375,000$234/sqft |
Source: ARMLS #6988478 Report a problem | ||
| 3/27/2026 | Listed for sale | $375,000$234/sqft |
Source: ARMLS #6988478 Report a problem | ||
| 3/5/2026 | Pending sale | $375,000$234/sqft |
Source: ARMLS #6988478 Report a problem | ||
| 2/23/2026 | Listed for sale | $375,000+167.9%$234/sqft |
Source: ARMLS #6988478 Report a problem | ||
| 7/27/2015 | Sold | $140,000-6.6%$88/sqft |
Source: ARMLS #5253700 Report a problem | ||
| 6/2/2015 | Price change | $149,900-4.5%$94/sqft |
Source: Realty Executives Broker of Record #5253700 Report a problem | ||
| 5/5/2015 | Price change | $156,900-1.3%$98/sqft |
Source: Realty Executives Broker of Record #5253700 Report a problem | ||
| 4/23/2015 | Price change | $159,000-1.9%$99/sqft |
Source: Realty Executives Broker of Record #5253700 Report a problem | ||
| 3/22/2015 | Listed for sale | $162,000+205.7%$101/sqft |
Source: Realty Executives #5253700 Report a problem | ||
| 2/27/2003 | Sold | $53,000+26.2%$33/sqft |
Source: Public Record Report a problem | ||
| 12/26/2002 | Sold | $42,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $814 +6.2% | $37,360 +5.5% |
| 2024 | $767 +1% | $35,410 +580.8% |
| 2023 | $759 +3.7% | $5,201 -71.3% |
| 2022 | $732 -0.4% | $18,100 +1.3% |
| 2021 | $735 +0.2% | $17,860 +25.2% |
| 2020 | $734 +1.7% | $14,260 +21.6% |
| 2019 | $722 | $11,730 +2.6% |
| 2018 | $722 +2.4% | $11,430 +32.1% |
| 2017 | $705 +11.3% | $8,650 +21.5% |
| 2016 | $633 | $7,120 +22.3% |
| 2015 | $633 | $5,820 +24.4% |
| 2014 | -- | $4,680 +60.8% |
| 2013 | -- | $2,910 -2.3% |
| 2012 | -- | $2,980 -31.8% |
| 2011 | -- | $4,370 -49.9% |
| 2010 | -- | $8,720 -40.7% |
| 2009 | -- | $14,710 -4.6% |
| 2008 | -- | $15,420 +30.7% |
| 2007 | -- | $11,800 +32.6% |
| 2006 | -- | $8,900 |
| 2005 | -- | $8,900 +78% |
| 2004 | -- | $5,000 |
| 2003 | -- | $5,000 +16.3% |
| 2002 | -- | $4,300 |
Find assessor info on the county website
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 4/10Capitol Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 3/10Central High SchoolGrades: 9-12Distance: 3.6 mi
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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Estimated market value
$360,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$360,600
- Arizona
- Maricopa County
- Phoenix
- 85007
- Central City
- 421 N 18TH Drive
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