FANTASTIC 4-PLEX INVESTMENT OPPORTUNITY~ALL UNITS UPDATED~ALL HVAC's have been REPLACED in 2014 & 2025~ALL newer DUAL-PANED-WINDOWS~Building-exterior was FULLY-PAINTED in 2024 & hot-waters-heaters replaced in 2023~Property is FULLY-OCCUPIED as of list-date & some units w/LONG-TERM Tenants~2024 Q4 CAP RATE was over 6%~Building has been PROFESSIONALLY MANAGED for years~HOA is of value here at ONLY $130 per month & includes regular-yard-maintenance~EXCLUSIVE to this building is COIN-OPERATED, LAUNDRY-ROOM, which brings in monthly-other-income~OWNER through PM took PRIDE in the property w/VALUE-ADD, POTENTIAL for increased CASH-FLOW by taking advantage of this UNTAPPED, potential through improvements, monthly income could SURPASS $6k~ Front-facing, ground-floor unit is 3 bd/2 bath w/wood-look, vinyl-plank & tile flooring, wood-burning fireplace in living-room, open kitchen w/adjoining, formal dining or flex-space, slider-door leads to private, fenced, yard-area~Side-yard-facing, ground-floor unit is 2 bd/1 bath w/similar finishes & private, fenced, yard-area~Unit 3 is second-floor and is also, 2 bd/1 bath, similar finishes w/private-rear balcony & shared front-balcony~Unit 4 is second-floor and is also, 2 bd/1 bath w/similar-finishes~ALL units have storage-locker-cabinets in communal, shared, 4-car-garage & ea. unit has one-space in garage, plus there are two-additional, open-parking-spaces assigned to this building~On-site, coin-operated laundry room, provides Owner w/additional monthly-other-income~
Sold for $759,000
$759,000
8124 N 33RD Drive, Phoenix, AZ 85051
9beds
3baths
3,822sqft
Multi Family
Built in 1974
-- sqft lot
$752,400 Zestimate®
$199/sqft
$1,591 Estimated rent
Home value
$752,400
$692,000 - $813,000
$1,591/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sherry A McQueen 602-672-0872,
CTS Realty,
Chalyce McQueen 602-525-5665,
CTS Realty
Bought with:
Luis Espinoza, SA663217000
Gile Commercial Real Estate
Source: ARMLS,MLS#: 6848265
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Heating
- Individual, Heat Pump, Electric
Cooling
- Electric, Individual
Appliances
- Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 3,822
- Total interior livable area: 3,822 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved, Assigned, Add'l Parking Avail, Garage Door Opener, 1 Space/Unit, On Street
- Has garage: Yes
- Covered spaces: 4
- Uncovered spaces: 2
Lot
- Dimensions: 82.86 x 110.18 x 60.09 x 15.89 x 191.88
Details
- Parcel number: 15009898
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: NORTHERN LANAI UNIT 1
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $572,800
- Annual tax amount: $2,197
- Date on market: 8/11/2025
- Cumulative days on market: 105 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2025 | Sold | $759,000-0.8%$199/sqft |
Source:  ARMLS #6848265 Report a problem | ||
| 6/10/2025 | Price change | $764,900-0.6%$200/sqft |
Source: ARMLS #6848265 Report a problem | ||
| 5/13/2025 | Price change | $769,900-1.6%$201/sqft |
Source: ARMLS #6848265 Report a problem | ||
| 4/8/2025 | Listed for sale | $782,500+169.8%$205/sqft |
Source: ARMLS #6848265 Report a problem | ||
| 10/8/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/24/2021 | Listed for rent | $1,095 |
Source: Zillow Rental Manager Report a problem | ||
| 9/20/2017 | Sold | $290,000+0.3%$76/sqft |
Source: ARMLS #5624042 Report a problem | ||
| 6/26/2017 | Listed for sale | $289,000+36252.2%$76/sqft |
Source: CTS Realty #5624042 Report a problem | ||
| 3/27/2014 | Listing removed | $795 |
Source: Trilogy Realty #5030206 Report a problem | ||
| 2/8/2014 | Listed for sale | $795-99.4% |
Source: Trilogy Realty #5030206 Report a problem | ||
| 7/5/2011 | Sold | $138,000-1.4%$36/sqft |
Source: Public Record Report a problem | ||
| 2/27/2009 | Sold | $140,000-54.3%$37/sqft |
Source: Public Record Report a problem | ||
| 3/10/2008 | Sold | $306,454-6.4%$80/sqft |
Source: Public Record Report a problem | ||
| 1/19/2005 | Sold | $327,500+23.6%$86/sqft |
Source: Public Record Report a problem | ||
| 11/28/2003 | Sold | $265,000+79.1%$69/sqft |
Source: Public Record Report a problem | ||
| 10/8/1997 | Sold | $148,000+10.4%$39/sqft |
Source: Public Record Report a problem | ||
| 7/29/1996 | Sold | $134,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,251 +3.9% | $57,280 -1.5% |
| 2024 | $2,166 +1.8% | $58,170 +256.9% |
| 2023 | $2,128 +2% | $16,297 -46.9% |
| 2022 | $2,087 +1.3% | $30,700 +6% |
| 2021 | $2,061 +1.9% | $28,970 +5.1% |
| 2020 | $2,024 +2.7% | $27,570 +20.1% |
| 2019 | $1,971 | $22,960 +9.9% |
| 2018 | $1,971 +0.5% | $20,900 +15.2% |
| 2017 | $1,961 +10% | $18,150 +12% |
| 2016 | $1,783 -3.1% | $16,200 -0.6% |
| 2015 | $1,840 | $16,300 +21.9% |
| 2014 | -- | $13,370 +40% |
| 2013 | -- | $9,550 -9.7% |
| 2012 | -- | $10,580 -8.9% |
| 2011 | -- | $11,610 -34.3% |
| 2010 | -- | $17,670 -43.7% |
| 2009 | -- | $31,360 -11.1% |
| 2008 | -- | $35,260 +15% |
| 2007 | -- | $30,650 +40.6% |
| 2006 | -- | $21,800 |
| 2005 | -- | $21,800 +25.3% |
| 2004 | -- | $17,400 |
| 2003 | -- | $17,400 +27.5% |
| 2002 | -- | $13,650 |
Find assessor info on the county website
Neighborhood: North Mountain
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Nearby schools
GreatSchools rating
- 4/10Alta Vista Elementary SchoolGrades: K-6Distance: 0.6 mi
- 3/10Palo Verde Middle SchoolGrades: PK,7-8Distance: 1 mi
- 7/10Cortez High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Washington Elementary School
- Middle: Palo Verde Middle School
- High: Glendale High School
- District: Washington Elementary School 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
$752,400
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Estimated market value
$752,400
- Arizona
- Maricopa County
- Phoenix
- 85051
- North Mountain
- 8124 N 33RD Drive
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