$225,000
Tolleson, AZ 85353
MLS# 6217122
Status: Closed
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Property Description
One of the lowest priced multi-unit properties in the Greater Phoenix area but one of the very best cash flows. Near downtown Tolleson! Quiet residential neighborhood less than 1 mile from I-10 freeway. Property has two units; downstairs unit has 3 beds, 1 bath & large bonus room that could be used as potential 4th bedroom or den. Upstairs unit is 1 bed 1 bath with a large covered balcony (was added on by previous owner)! Both units have separate power meters but share the same water meter. No central air. AC is by wall units only. Property needs repair but is priced accordingly. Property to be bought As-Is. Experienced investors only. No offers will be accepted unless property is shown in person. Downstairs rents for approx $1950 April - Oct and then approx $1000.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $225,000
Sold Price: $225,000
Status: Closed
List Date: 2021-04-05
Location, Tax & Legal
Assessor's Map #: 49
Legal Description (Abbrev): LOT 22 TRACT J BADEN TRACTS B-C- I- J MCR 003246
Assessor's Parcel #: 210
Add'l Parcels: No
Tax Municipality: Tolleson
Census Tract: 83000
Taxes: 572
Legal: LOT 22 TRACT J BADEN TRACTS B-C- I- J MCR 003246
Marketing Name: n/a
Map Code/Grid: Q30
House Number: 9206
Compass: W
Street Name: PIERCE
St Suffix: Street
City/Town Code: Tolleson
State/Province: AZ
Zip Code: 85353
Zip4: 1715
County Code: Maricopa
Subdivision: BADEN TRACTS B-C- I- J
Assessor Number: 102-49-210
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: n/a
Total # of Units: 2
Elementary School District: Tolleson Elementary District
High School District: Tolleson Union High School District
Elementary School: Tolleson #206
Jr. High School: Tolleson #206
High School: Tolleson Union High School
Year Built: 1960
Zoning: R-2
Legal Info
Range: 1E
Section: 4
Township: 1N
Lot Number: 22
Project Type
Duplex: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 700
Annual Maint Exp: 100
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1372
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 27132
Pmt & Rate Info
Cap Rate: 11.21
Equity: 219900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Email: 1
Lockbox Type
None: 1
Community Features
Other: 1
See Remarks: 1
Heating
Window/Wall Unit(s): 1
Cooling
Window/Wall Unit: 1
Exterior Amenities
Separate Storage: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 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
Attached: 1
Electric
Other (See Remarks): 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-655-7592
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 475
Avg SqFt: 529
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1554
Avg SqFt: 1013
# Baths: 1
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: I -10 freeway and 91st AVE
Directions: Exit south on 91st Ave, continue South to Pierce ST, turn West on Pierce to home!
Geo Lat: 33.454335
Geo Lon: -112.257859
Status Change Info
Off Market Date: 2021-04-24
Under Contract Date: 2021-04-23
Close of Escrow Date: 2021-05-05
Sold Price: $225,000
Income Expenses
Gross Annual Sch Inc: 28560
Net Operating Income: 24660
Property Features
Project Type: Duplex
Other Type: House + Rental Units
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: Other; See Remarks
Exterior Amenities: Separate Storage
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Heating: Window/Wall Unit(s)
Cooling: Window/Wall Unit
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: SW Gas
Parking Features: Carport; Attached
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Owner
Showing Notification Methods: Email
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: April - 06 - 2026
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