Nestled in the heart of Historic Old Town Peoria, this delightful home offers three immaculately updated units for your consideration. The property presents an exceptional opportunity to reside in one unit and generate income by renting out the remaining two, effectively covering your mortgage. Each unit has been thoughtfully revitalized with new flooring, windows, kitchens, and bathrooms - all of which are designed to provide the utmost comfort and convenience. Furthermore, every unit boasts its own laundry area and community storage, exemplifying the property's exceptional value proposition. Notably, Unit C benefits from a newer roof, while Units B and C have been outfitted with newer mini-splits for added comfort.
Sold for $730,000
$730,000
8361 W MADISON Street, Peoria, AZ 85345
6beds
3baths
2,546sqft
Multi Family
Built in 1948
-- sqft lot
$652,900 Zestimate®
$287/sqft
$2,019 Estimated rent
Home value
$652,900
$607,000 - $692,000
$2,019/mo
Zestimate® history
Owner options
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$4,214/mo
Est. payment
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$4,214/mo
Est. payment
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List your homeWhat's special
Newer mini-splitsNew flooringNewer roof
Zillow last checked:
Listing updated:
Listed by:
Luis Espinoza 602-373-9729,
Gile Commercial Real Estate
Bought with:
Michele Klein, SA655673000
Berkshire Hathaway HomeServices Arizona Properties
Source: ARMLS,MLS#: 6627469
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Individual
Appliances
- Included: Free-Standing Range, Refrigerator, Washer/Dryer
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,546
- Total interior livable area: 2,546 sqft
Property
Parking
- Total spaces: 6
- Parking features: On Street, Carport
- Has carport: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Lot
- Size: 7,515 Square Feet
- Dimensions: 141.90 x 52.96
Details
- Parcel number: 14241096
- Zoning: CRM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: PEORIA BLKS 18, 20-23, 29-32
Location
- Region: Peoria
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $308,300
- Annual tax amount: $631
- Date on market: 4/22/2025
- Cumulative days on market: 216 days
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2025 | Listing removed | $499,999-31.5%$196/sqft |
Source:  ARMLS #6245079 Report a problem | ||
| 1/24/2024 | Sold | $730,000$287/sqft |
Source: ARMLS #6627469 Report a problem | ||
| 1/17/2024 | Pending sale | $730,000$287/sqft |
Source: ARMLS #6627469 Report a problem | ||
| 1/8/2024 | Listed for sale | $730,000$287/sqft |
Source: ARMLS #6627469 Report a problem | ||
| 12/10/2023 | Pending sale | $730,000$287/sqft |
Source: ARMLS #6627469 Report a problem | ||
| 11/7/2023 | Listed for sale | $730,000-1.3%$287/sqft |
Source: ARMLS #6627469 Report a problem | ||
| 10/31/2023 | Listing removed | $739,989$291/sqft |
Source: ARMLS #6555124 Report a problem | ||
| 8/14/2023 | Price change | $739,989-0.7%$291/sqft |
Source: ARMLS #6555124 Report a problem | ||
| 7/4/2023 | Price change | $744,9890%$293/sqft |
Source: ARMLS #6555124 Report a problem | ||
| 6/15/2023 | Price change | $744,990-1.3%$293/sqft |
Source: ARMLS #6555124 Report a problem | ||
| 5/11/2023 | Listed for sale | $754,990+48%$297/sqft |
Source: ARMLS #6555124 Report a problem | ||
| 8/2/2021 | Sold | $510,000+2%$200/sqft |
Source: ARMLS #6245082 Report a problem | ||
| 6/9/2021 | Pending sale | $499,999$196/sqft |
Source: ARMLS #6245082 Report a problem | ||
| 6/6/2021 | Listed for sale | $499,999+121.2%$196/sqft |
Source: ARMLS #6245082 Report a problem | ||
| 1/10/2019 | Sold | $226,000-1.3%$89/sqft |
Source: ARMLS #5816122 Report a problem | ||
| 10/1/2018 | Price change | $229,000-8%$90/sqft |
Source: HomeSmart #5816122 Report a problem | ||
| 9/6/2018 | Listed for sale | $249,000$98/sqft |
Source: Above and Beyond Realty #5816147 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $643 +2.8% | $30,830 +4.6% |
| 2024 | $625 -1% | $29,470 +363.1% |
| 2023 | $632 +0.2% | $6,364 -67% |
| 2022 | $631 -5.1% | $19,270 +11.5% |
| 2021 | $665 +3.1% | $17,280 +32.1% |
| 2020 | $645 +3.1% | $13,080 +35.4% |
| 2019 | $625 | $9,660 -8.1% |
| 2018 | $625 +0.3% | $10,510 +5.5% |
| 2017 | $624 +8.7% | $9,960 +26.1% |
| 2016 | $574 -5.2% | $7,900 +6.8% |
| 2015 | $605 | $7,400 +109.6% |
| 2013 | -- | $3,530 -19.2% |
| 2012 | -- | $4,370 -69.1% |
| 2011 | -- | $14,140 -16.8% |
| 2010 | -- | $17,002 -10.3% |
| 2009 | -- | $18,957 +15.1% |
| 2008 | -- | $16,465 +27.6% |
| 2007 | -- | $12,904 +28.8% |
| 2006 | -- | $10,015 |
| 2005 | -- | $10,015 +122.4% |
| 2002 | -- | $4,504 |
Find assessor info on the county website
Neighborhood: 85345
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Nearby schools
GreatSchools rating
- 4/10Alta Loma SchoolGrades: PK-8Distance: 0.6 mi
- 3/10Raymond S. Kellis High SchoolGrades: 7-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Peoria Unified 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
$652,900
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
$652,900
- Arizona
- Maricopa County
- Peoria
- 85345
- 8361 W MADISON Street
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