$330,000
Phoenix, AZ 85040
MLS# 6610410
Status: Closed
1 / 7
Property Description
A fantastic diamond in the rough that is priced to sell!! Each side of this duplex is 1200 square feet and offers 3 bedrooms and 2 baths. Property is located at the end of the street with plenty of space for parking or playing. Only 20 minutes to downtown Phoenix or Tempe. This property is in an opportunity zone!!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $330,000
Sold Price: $330,000
Status: Closed
List Date: 2023-09-27
Location, Tax & Legal
Assessor's Map #: 27
Assessor's Parcel #: 19
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 780
Legal: NORMAN ACRES LOT 1 BLK 2 N 135.59'
Marketing Name: None
House Number: 4020
Compass: S
Street Name: 15
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
County Code: Maricopa
Subdivision: Norman Acres
Assessor Number: 113-27-019
Tax Year: 2022
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: irr
Flood Zone: TBD
Total # of Units: 2
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Roosevelt Elementary School
Year Built: 2007
Zoning: R4
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 780
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 25080
Total Monthly Rental Income: 2650
Pmt & Rate Info
Cap Rate: 7.17
Equity: 349900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Interior Features
Unfurnished: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
None: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
No Carry: 1
Special
Owner/Agent: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1100
Avg SqFt: 120
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other
Closing Cost Split: Seller Assist - A
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 6600
Seller Concession $/%: $
Remarks Misc
Cross Street: Broadway/16th Street
Directions: From 16th/Broadway go west to 15th street, then north to property. Property is at the end of the street in left side
Geo Lat: 33.409509
Geo Lon: -112.049558
Status Change Info
Off Market Date: 2023-10-19
Under Contract Date: 2023-10-18
Close of Escrow Date: 2023-11-06
Sold Price: $330,000
Legal Info
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 26400
Net Operating Income: 25080
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Building(s) Only
Community Features: No Pool
Interior Features: Unfurnished
Appliances Included: None
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: Carport
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: No Carry
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: April - 07 - 2026
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