$999,000
Phoenix, AZ 85014
MLS# 6866244
1 / 45
Property Description
Polished 5 unit with all good-sized 1 bedroom units. Prime location in the heart of Phoenix. Only 3 Blocks to the Biltmore Corridor edge. 1.7 miles to Uptown Plaza. 2 miles to Biltmore Fashion Park. 2.2 miles to PCH. Blocks to the ''7's'', the 51 & LRT. All newer electrical, plumbing, HVACs & roofs. The units have upgraded interiors as well, including a washer/dryer combo, quartz countertops, white shaker cabinets, & many more amenities. High concentration of professional jobs within 3 miles. As centrally located in the valley as you can get. Excellent rental market for 1 bed units. 6 CAP based on actual/proforma. Owner expenses may vary. 5 Units all bigger 1BR/1BA (565 SF Ave) 2,824 SF total Interior SF. 12,305 SF Lot. Built 1961/1975. R-3,
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $999,000
List Price: $999,000
Status: Active
List Date: 2025-05-14
Location, Tax & Legal
Assessor's Map #: 8
Legal Description (Abbrev): MEADOWBROOK TR EX W 120' LOT 16 BLK 2 EX TRIANGLE NE COR PER DKTS 3580/577 & 8122/370
Assessor's Parcel #: 19
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108602
Taxes: 1887
Legal: MEADOWBROOK TR EX W 120' LOT 16 BLK 2 EX TRIANGLE NE COR PER DKTS 3580/577 & 8122/370
Marketing Name: Biltmore Adjacent 5
House Number: 4450
Compass: N
Street Name: LONGVIEW
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4515
County Code: Maricopa
Subdivision: MEADOWBROOK TRACT BLK 1
Assessor Number: 155-08-019-C
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 10
Lot Size Dimensions: 12305 sf
Flood Zone: No
Total # of Units: 5
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Year Built: 1961
Zoning: R-3
Legal Info
Range: 3E
Section: 21
Township: 2N
Lot Number: 16
Project Type
5 - 12 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 10378
Operating Exp: 12265
Other Income: 2500
Vacancy Allowance: 0.03
Adjusted Gross Inc: 72265
Total Monthly Rental Income: 6000
Pmt & Rate Info
Cap Rate: 6.01
Equity: 999000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Email: 1
Lockbox Type
See Private Remarks: 1
None: 1
Community Features
No Pool: 1
Other: 1
See Remarks: 1
Heating
Heat Pump: 1
Individual: 1
Central: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Exterior Amenities
Landscape Water System: 1
Green Landscaping: 1
Desert Landscaping: 1
Partially Fenced: 1
Cable TV Available: 1
Other (See Remarks): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Other (See Remarks): 1
Tenant Pays
Electricity: 1
Cable TV: 1
Other (See Remarks): 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Other (See Remarks): 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
>1 Space Per Unit: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Adjustable/Graduated: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 1200
Avg SqFt: 565
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Campbell & 16th St
Directions: Camelback Corridor. Exit Highland Ave off Hwy 57.
Geo Lat: 33.501748
Geo Lon: -112.054709
Income Expenses
Gross Annual Sch Inc: 72000
Net Operating Income: 60000
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: No Pool; Other; See Remarks
Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Partially Fenced; Cable TV Available; Other (See Remarks)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Other (See Remarks)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual; Central; Heat Pump
Cooling: Electric; Heat Pump; Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV; Other (See Remarks)
Source of Fincl Data: Owner; Projected Proforma; Other (See Remarks)
Showing Notification Methods: Email
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Adjustable/Graduated
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: January - 13 - 2026
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