$3,300,000
Phoenix, AZ 85013
MLS# 7021704

1 / 23
Property Description
5 Casitas plus smaller laundry room. All recently updated and show great all 1 Bedroom, 1 Bath with Kitchenette SQ.FT. is 450-590 per unit. This sale includes adjoining lot with 2500 SQ FT main house MLS # 7021665 Almost 1 full acre between both lots. 4 Car Garage and another 1 car garage and 5 parking spots.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $3,300,000
List Price: $3,300,000
Status: Active
List Date: 2026-04-30
Location, Tax & Legal
Assessor's Map #: 23
Legal Description (Abbrev): LOT 62 SOUTH MEDLOCK PLACE MCR 001642
Assessor's Parcel #: 19
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 107500
Taxes: 6932
Legal: LOT 62 SOUTH MEDLOCK PLACE MCR 001642
Marketing Name: South Medlock Place
House Number: 11
Compass: W
Street Name: PASADENA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 2001
Country: US
County Code: Maricopa
Subdivision: SOUTH MEDLOCK PLACE
Assessor Number: 162-23-019
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 5
Lot Size Dimensions: 109,94 X 185,20
Flood Zone: No
Total # of Units: 5
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Richard Simis School
Jr. High School: Madison Meadows School
High School: Central High School
Year Built: 1935
Zoning: Multi Family
Legal Info
Range: 3E
Section: 17
Township: 2N
Lot Number: 62
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Tile: 1
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Pool Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6932
Other Income: 0
Vacancy Allowance: 100
Adjusted Gross Inc: 5940000
Pmt & Rate Info
Cap Rate: 1.88
Equity: 3300000
Down Payment %: 0
Monthly Payments: 5800
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Combo: 1
Community Features
Pool: 1
Heating
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Sidewalk(s): 1
Patio/Balcony: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Disposal: 1
Built-In Range: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Carport: 1
1 Space/Unit: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Special
Court Approval Required: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-703-5274
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 0
Avg SqFt: 525
# Baths: 5
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Camelback & Central
Directions: N 2 Pasadena W 2 Home.
Geo Lat: 33.510195
Geo Lon: -112.074627
Income Expenses
Gross Annual Sch Inc: 60000
Net Operating Income: 62000
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Tile; Vinyl; Carpet
Sale Includes: Land & Building; Pool Equipment
Community Features: Pool
Exterior Amenities: Sidewalk(s); Patio/Balcony
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds
Appliances Included: Built-In Range; Disposal
Heating: Central
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: Garage; Carport; 1 Space/Unit
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: None
Tenant Pays: Water; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Court Approval Required
Lockbox Type: Combo
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: 6 Real Estate
Last Updated: May - 02 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
