$958,900
Phoenix, AZ 85014
MLS# 6937324
1 / 54
Property Description
GREAT INVESTMENT OPPORTUNITY IN HIGHLY SOUGHT AFTER UPTOWN! THIS BEAUTIFULLY UPDATED TRI-PLEX FEATURES 2 - 2/1 UNITS AND 1 - 1/1 UNIT. THIS INCOME PRODUCING PROPERTY HAS BEEN UTILIZED AS SHORT TERM RENTALS, PERFECT FOR AN INVESTOR OR OWNER OCCUPANT. UPDATES INCLUDE NEWER ROOF, NEWER AC UNITS, ALL NEW ELECTRICAL FIXTURES/WIRES, NEW INTERIOR PAINT, ALL NEW WATER HEATERS, NEW ELECTONIC LOCKS, ARTIFICIAL TURF AND FENCING, AND HIGH SPEED INTERNET SERVER ADDED FOR ENTIRE PROPERTY. LAUNDRY ROOM ON PREMISES, 3-CARPORT, UNITS A&B HAVE A NEW FENCED FRONT AREA AND UNIT-C HAS ITS OWN FENCED BACKYARD. GREAT RESTAURANTS/COFFEE/SHOPS IN WALKING DISTANCE!
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $958,900
List Price: $958,900
Status: Active
List Date: 2025-10-22
Location, Tax & Legal
Assessor's Map #: 9
Legal Description (Abbrev): LOT 8 ROSE LANE TERRACE MCR 007144
Assessor's Parcel #: 51
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106502
Taxes: 2525
Legal: LOT 8 ROSE LANE TERRACE MCR 007144
Marketing Name: ROSE LANE TERRACE
House Number: 6239
Compass: N
Street Name: 14TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 1792
County Code: Maricopa
Subdivision: ROSE LANE TERRACE
Assessor Number: 161-09-051
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 3
Lot Size Dimensions: 79x117
Flood Zone: No
Total # of Units: 3
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Rose Lane School
Jr. High School: Madison #1 Elementary School
High School: North High School
Year Built: 1958
Zoning: R-3
Legal Info
Range: 3E
Section: 9
Township: 2N
Lot Number: 8
Project Type
Tri-Plex: 1
Construction
Block: 1
Const - Finish
Painted: 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
Operating Exp: 2525
Other Income: 0
Vacancy Allowance: 0.36
Adjusted Gross Inc: 0
Pmt & Rate Info
Cap Rate: 7.56
Down Payment: 0
Equity: 960000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Lockbox Type
Other: 1
Community Features
No Pool: 1
Other: 1
Heating
Central: 1
Cooling
Central Air: 1
Exterior Amenities
Partially Fenced: 1
Tenant Pays
None: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Gas: 1
Trash Collection: 1
Landscaping: 1
Other: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 2250
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2350
Avg SqFt: 1000
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 14th Street & Rose Lane
Geo Lat: 33.52897
Geo Lon: -112.051022
Income Expenses
Net Operating Income: 72539
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: No Pool; Other
Exterior Amenities: Partially Fenced
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Central
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping; Other
Tenant Pays: None
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email
Lockbox Type: Other
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; VA; FHA; Conventional
Environmental: None
PERSONAL PROPERTY 
Listing Office: HomeSmart
Last Updated: December - 11 - 2025
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