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Off market
Street View
    • $768,700

    506 E Townley Ave, Phoenix, AZ 85020

    8beds
    3,810sqft
    MultiFamily
    Built in 2007
    -- sqft lot
    $768,700 Zestimate®
    $202/sqft
    $1,562 Estimated rent

    Home value

    $768,700

    $715,000 - $830,000

    $1,562/mo

    Zestimate® history
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    $1,562/mo

    Rent Zestimate®

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    $4,438/mo

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    $4,438/mo

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    What's special

    Amazing cash flow and great multi family units 8 bedrooms/ 4 bathrooms plus 2 half baths investment opportunity! Very rare and desirable units! Each units is 4 bedroom 2.5 bath and each unit has a fenced yard. The interiors have been completely remodeled less than a year ago. Everything is new! Flooring, paint, stainless steel appliances, fixtures, cabinets , countertops and AC units! Washer and dryers in each unit! Each unit has a private 2 car garage attached! Minutes from the 51! All Units are rented. Very low vacancy, easy to rent and easy to manage. NO HOA! Great cap rate!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,810 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 9,801 Square Feet
    Details
    • Parcel number: 16049121C

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • steel
    • Roof: Other
    Condition
    • Year built: 2007

    Utilities & green energy

    • Electric: APS
    • Sewer: Sewer - Public

    Community & HOA

    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $202/sqft
    • Tax assessed value: $728,000
    • Annual tax amount: $2,373
    • Ownership: Fee Simple
    • Tenant pays: Electric, Cable TV

    Price history

    DateEventPrice
    7/29/2020Sold$525,000+0%$138/sqft
    Source: ARMLS #6059048 Report a problem
    6/18/2020Pending sale$524,888$138/sqft
    Source: Keller Williams Integrity First #6059048 Report a problem
    4/28/2020Price change$524,888-1.9%$138/sqft
    Source: eXp Realty #6059048 Report a problem
    4/7/2020Price change$534,888-2.7%$140/sqft
    Source: eXp Realty #6059048 Report a problem
    3/31/2020Listed for sale$549,888+42.8%$144/sqft
    Source: eXp Realty #6059048 Report a problem
    2/13/2020Listing removed$1,695
    Source: Market Edge Realty LLC Report a problem
    2/11/2020Listed for rent$1,695-10.6%
    Source: Market Edge Realty LLC Report a problem
    5/22/2019Listing removed$1,895
    Source: Conway Real Estate #5914347 Report a problem
    4/20/2019Listed for rent$1,895+90.5%
    Source: Conway Real Estate #5914347 Report a problem
    4/19/2019Sold$385,000-3.7%$101/sqft
    Source: ARMLS #5895072 Report a problem
    4/12/2019Pending sale$399,900$105/sqft
    Source: HomeSmart #5895137 Report a problem
    3/12/2019Listed for sale$399,900+534.8%$105/sqft
    Source: HomeSmart #5895072 Report a problem
    1/9/2015Listing removed$995
    Source: Property Minders Property Management Report a problem
    1/5/2015Listed for rent$995
    Source: Property Minders Property Management Report a problem
    8/22/2006Sold$63,000+75%$17/sqft
    Source: Public Record Report a problem
    10/31/1997Sold$36,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,373 +3.9%$72,800 -1.8%
    2024$2,284 +1.8%$74,110 +331.3%
    2023$2,244 +2%$17,184 -56%
    2022$2,201 +1.3%$39,020 +18%
    2021$2,173 +1.9%$33,060 +7.6%
    2020$2,134 +2.7%$30,730 +11.8%
    2019$2,078 $27,480 +16.8%
    2018$2,078 +0.5%$23,530 +26.3%
    2017$2,067 +10%$18,630 +4.4%
    2016$1,880 -0.1%$17,850 +20.4%
    2015$1,882 $14,820 +13%
    2014-- $13,110 +30.2%
    2013-- $10,070 +2%
    2012-- $9,870 +137.8%
    2011-- $4,150 -9%
    2010-- $4,558 -15.6%
    2009-- $5,399 -36.2%
    2008-- $8,457 +42%
    2007-- $5,957 +63.8%
    2006-- $3,637
    2005-- $3,637 +28.7%
    2004-- $2,825
    2003-- $2,825 -0.9%
    2002-- $2,852
    Find assessor info on the county website

    Neighborhood: North Mountain

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sunnyslope Elementary School
    • Middle: Royal Palm Middle School
    • High: Washington High School
    • District: Glendale Union High School District (205)

    Source: The MLS. 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
    $768,700
    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
    $768,700

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