This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That property includes a single-family home and a triplex that provide stable in-place income with additional upside through renovation and rent growth. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.
For sale
Price cut: $5K (5/29)
$475,000
718 W FILLMORE Street, Phoenix, AZ 85007
2beds
1baths
1,030sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$461/sqft
$-- HOA
What's special
Dual pane windowsNew ac systemFully renovated multifamily units
- 114 days |
- 159 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Garrett K Hemeyer 480-848-3168,
Orion Investment Real Estate
Source: ARMLS,MLS#: 6996631
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Refrigerator
Features
- Flooring: Vinyl, Stone, Concrete
Interior area
- Total structure area: 1,030
- Total interior livable area: 1,030 sqft
Property
Parking
- Total spaces: 2
- Parking features: 1 Space/Unit, On Street
- Uncovered spaces: 2
Details
- Parcel number: 11129144
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco, Block, Brick
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: UNIVERSITY ADDITION
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $461/sqft
- Tax assessed value: $278,100
- Annual tax amount: $681
- Date on market: 3/11/2026
- Cumulative days on market: 114 days
- Listing terms: Owner May Carry,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 |
|---|---|---|
| 6/30/2026 | Price change | $995-16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2026 | Price change | $475,000-1%$461/sqft |
Source:  ARMLS #6996631 Report a problem | ||
| 4/27/2026 | Price change | $480,000-4%$466/sqft |
Source: ARMLS #6996631 Report a problem | ||
| 3/25/2026 | Price change | $1,195-7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/16/2026 | Price change | $500,000+25%$485/sqft |
Source: ARMLS #6996631 Report a problem | ||
| 3/11/2026 | Listed for sale | $400,000$388/sqft |
Source: ARMLS #6996631 Report a problem | ||
| 2/28/2026 | Listed for rent | $1,295-7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/30/2024 | Listed for rent | $1,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/14/2023 | Price change | $1,395-5.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/22/2023 | Price change | $1,475-1.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/30/2023 | Listed for rent | $1,495-12.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/4/2023 | Listed for rent | $1,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $681 +6.2% | $27,810 -9.3% |
| 2024 | $641 +0.9% | $30,670 +605.4% |
| 2023 | $635 +3.7% | $4,348 -76.7% |
| 2022 | $612 -0.4% | $18,700 +31.5% |
| 2021 | $615 +0.2% | $14,220 +10.2% |
| 2020 | $614 +1.8% | $12,900 +29.4% |
| 2019 | $603 | $9,970 +4.9% |
| 2018 | $603 +2.4% | $9,500 +35.3% |
| 2017 | $589 +11.2% | $7,020 +17% |
| 2016 | $530 -4.7% | $6,000 +18.1% |
| 2015 | $556 | $5,080 +17.9% |
| 2014 | -- | $4,310 +87.4% |
| 2013 | -- | $2,300 -3.4% |
| 2012 | -- | $2,380 -12.2% |
| 2011 | -- | $2,710 -75.1% |
| 2009 | -- | $10,870 +42% |
| 2008 | -- | $7,655 +41.5% |
| 2007 | -- | $5,411 +34.4% |
| 2006 | -- | $4,027 |
| 2005 | -- | $4,027 +46.8% |
| 2004 | -- | $2,744 -0.2% |
| 2002 | -- | $2,749 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 5/10Kenilworth Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Central High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85007
- Central City
- 718 W FILLMORE Street
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