1215 E MISSION Lane, Phoenix, AZ 85020

$560,000
Property Type: Multiple Dwellings Status: Pending
Current Price: $560,000 Last Modified: 7/09/2026

Overview

Description

Great opportunity in Phoenix! This well-maintained 3-plex offers solid rental potential with a functional layout and ample on-site parking. Each unit features a comfortable floor plan with updated interiors, making it an attractive option for both tenants and investors. Units have been refreshed with modern finishes including wood-look flooring, neutral paint tones, updated kitchens with shaker cabinetry, and renovated bathrooms featuring stylish tile work and contemporary fixtures.

Listing Details MLS# 7021122

Location, Tax & Legal

House Number
1215
Compass
E
Street Name
MISSION
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85020
Zip4
2700
Country
US
County Code
Maricopa
Assessor Number
159-34-161-B
Tax Year
2025
Assessor's Map #
34
Legal Description (Abbrev)
PT SW4 SE4 W 75' OF E 150' OF W 333' OF N 137.75' OF S 628.53' OF SW4 SE4 .24 AC
Assessor's Parcel #
161
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104702
Taxes
991
Legal
PT SW4 SE4 W 75' OF E 150' OF W 333' OF N 137.75' OF S 628.53' OF SW4 SE4 .24 AC
Marketing Name
My Home Group Client

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
10454
Year Built
1954
Uncvrd Parking Spcs
6
Total # of Units
3
# of Buildings
Yes
Zoning
[R1-6]
Flood Zone
No
Elementary School District
Washington Elementary School District
High School District
Glendale Union High School District
Elementary School
Sunnyslope Elementary School
Jr. High School
Sunnyslope Elementary School
High School
Sunnyslope High School

Remarks Misc

Cross Street
Cave Creek/Hatcher
Directions
NORTH ON 12TH STREET, EAST ON MISSION LANE, AND THE PROPERTY WILL BE ON YOUR RIGHT.

Status Change Info

Off Market Date
2026-06-03
Under Contract Date
2026-06-02

Legal Info

Township
3N
Range
3E
Section
28

More Information

Income Expenses

Gross Annual Sch Inc
45000
Net Operating Income
33100

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

Efficiency Units

# Efficiency Units
3
Avg Rent
1250
Avg SqFt
600
# Baths
3

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1250
Avg SqFt
600
# Baths
Yes

Contact Info

List Agent Home Phn
602-386-7885

Project Type

Tri-Plex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Brick Veneer
Yes

Roofing

Rolled
Yes

Floors

Tile
Yes
Vinyl
Yes
Ceramic Tile
Yes

Sale Includes

Building(s) Only
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
991
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
42750

Pmt & Rate Info

Cap Rate
5.91
Equity
560000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Combo
Yes
Other
Yes

Community Features

No Pool
Yes

Heating

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Interior Features

Fire/Smoke Alarm(s)
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Microwave
Yes
Refrigerator
Yes
Built-In Range
Yes

Road Surface Type

Asphalt
Yes
Dirt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted; Brick Veneer Roofing: Rolled Floors: Tile; Vinyl; Ceramic Tile Sale Includes: Building(s) Only Community Features: No Pool Interior Features: Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Built-In Range; Refrigerator; Microwave Heating: None Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Dirt; Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: Combo; Other New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: My Home Group Real Estate
Last Updated: July - 09 - 2026
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