1015 S 1st Avenue, Phoenix, AZ 85003
Local realty services provided by:CENTURY 21 Arizona West
1015 S 1st Avenue,Phoenix, AZ 85003
$699,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: robert babineau, alexandra endaya
Office: jason mitchell real estate
MLS#:6992945
Source:ARMLS
Price summary
- Price:$699,900
About this home
Exceptional 3-unit, garden-style investment opportunity offering a 9.23% gross CAP rate. The property features a thoughtfully reimagined front residence originally built in 1936 and fully renovated in 2024, along with a newly constructed rear ADU completed in 2024. The unit mix includes one (1) 3-bed/2-bath unit, (1) 2-bed/2bath unit, and (1) 2-bed/1-bath unit. Each residence offers fully upgraded interiors with white quartz countertops, luxury vinyl plank flooring, subway tile showers, stainless steel appliances, and in-unit washer and dryer. Recent exterior improvements include new stucco, dual-pane windows, new HVAC systems, a new roof, and ample on-site storage. Tenants also enjoy access to a spacious shared backyard area, creating a comfortable outdoor setting for residents. designed for shared outdoor living.
Ideally situated in the Roosevelt Arts District, the property offers convenient access to Downtown Phoenix's thriving cultural venues, acclaimed dining, and premier entertainment destinations....
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Home facts
- Year built:1936
- Listing ID #:6992945
- Updated:May 14, 2026 at 02:55 PM
Rooms and interior
- Flooring:Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Ceiling Fan(s), Electric
- Heating:Central
Structure and exterior
- Year built:1936
- Construction Materials:Block, Stucco
Schools
- Middle school:Phoenix #1 iAcademy
- Elementary school:Lowell Elementary School
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$699,900
- Tax amount:$523 (2025)
Parking
- Total parking spaces:5
- Parking description:More Than 1 Parking Space/Unit
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