1341 E Polk Street, Phoenix, AZ 85006

$1,900,000
Property Type: Multiple Dwellings Status: UCB (Under Contract-Backups)
Current Price: $1,900,000 Last Modified: 5/01/2026

Overview

Description

1341 East Polk Street is a five-unit multifamily property in Phoenix's vibrant Garfield Historic District. Built in 2017, it offers a mix of spacious three-bedroom units—most with three baths—and features two-car garages, private balconies, and in-unit laundry. Residents enjoy modern finishes, open layouts, and walkable access to shops, dining, and culture, just 10 minutes from Sky Harbor Airport. Individually metered utilities reduce owner costs, while light cosmetic upgrades and modest rent increases provide a clear path to income growth and long-term upside.

Listing Details MLS# 6925791

Location, Tax & Legal

House Number
1341
Compass
E
Street Name
Polk
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Country
US
County Code
Maricopa
Assessor Number
116-25-178
Tax Year
2024
Assessor's Map #
25
Assessor's Parcel #
178
Add'l Parcels
Yes
Tax Municipality
Maricopa - COUNTY
Taxes
12681
Legal
LOT 101 EASTLAKE GARFIELD COMMONS CONDOMINIUM MCR 131126
Marketing Name
1341 E Polk Street

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
4279
Year Built
2017
Total # of Units
5
# of Buildings
3
Zoning
R-3
Flood Zone
No
Uncvrd Parking Spcs
0

Legal Info

Lot Number
101

Showing Notification Methods

Showing Service
Non-MLS Showing Service - See Private Remarks

More Information

3 Bedrooms Units

# 3 Bedroom Units
5
Avg Rent
2450
Avg SqFt
1202
# Baths
3

Project Type

5 - 12 Units
Yes

Construction

Wood Frame
Yes
Steel Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Tile
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
12681
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0
Total Monthly Rental Income
0

Pmt & Rate Info

Equity
2050000
Down Payment %
25
Monthly Payments
0
Total Owed
0

Payment Includes

Principal
Yes
Interest
Yes

Lockbox Type

Other
Yes

Community Features

No Pool
Yes
Barbecue
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Exterior Amenities

Green Landscaping
Yes
Desert Landscaping
Yes
Patio/Balcony
Yes
Other (See Remarks)
Yes

Interior Features

Fire/Smoke Alarm(s)
Yes

Tenant Pays

Water
Yes
Electricity
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Free-Standing Electric Oven
Yes
Microwave
Yes
Refrigerator
Yes
Washer/Dryer
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

Individual Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage
Yes
>1 Space Per Unit
Yes
Garage Door Opener
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame; Steel Frame Const - Finish: Stucco Roofing: Tile Floors: Ceramic Tile Sale Includes: Land & Building Payment Includes: Principal; Interest Community Features: No Pool; Barbecue Exterior Amenities: Green Landscaping; Desert Landscaping; Patio/Balcony; Other (See Remarks) Interior Features: Fire/Smoke Alarm(s) Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Cooling: Central Air Water Source: Individual Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: Garage; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail Road Surface Type: Asphalt; Concrete Owner Pays: Trash Collection; Landscaping Tenant Pays: Water; Electricity Source of Fincl Data: Owner; Projected Proforma Lockbox Type: Other New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: ABI Multifamily
Last Updated: May - 01 - 2026
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