1522 W POLK Street, Phoenix, AZ 85007

$540,000
Property Type: Multiple Dwellings Status: Active
Current Price: $540,000 Last Modified: 7/09/2026

Overview

Description

This 3-unit, garden-style historic property, originally constructed in 1916 and completely restored in 2022, offers a unique blend of character and modern upgrades. The property consists of a fully renovated 2-bed/1-bath single-family home, along with a newly constructed duplex featuring (2) 1-bed/1-bath units. The single-family home was extensively updated in 2022 with brand new HVAC, electrical, and plumbing, as well as in-unit laundry and modernized interiors throughout. The duplex was rebuilt from the ground up in 2022, providing turnkey living spaces for tenants. All units are individually metered for electricity, adding convenience and efficiency. Ideally located in the Oakland Historic District with close proximity to Grand Avenue Arts District, Downtown Phoenix, and major freeways.

Listing Details MLS# 7051935

Location, Tax & Legal

House Number
1522
Compass
W
Street Name
POLK
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85007
Zip4
2407
Country
US
County Code
Maricopa
Subdivision
WEST LAWN ANNEX
Assessor Number
111-26-123
Tax Year
2025
Assessor's Map #
26
Legal Description (Abbrev)
LOT 6 D WEST LAWN ANNEX MCR 000463
Assessor's Parcel #
123
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
112900
Taxes
1351
Legal
LOT 6 D WEST LAWN ANNEX MCR 000463
Marketing Name
1522 W Polk St

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
6,375 sqft
Year Built
1916
Uncvrd Parking Spcs
4
Total # of Units
3
# of Buildings
2
Zoning
R-5
Flood Zone
No
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District

Legal Info

Township
1N
Range
3E
Section
6
Lot Number
6 D

Showing Notification Methods

Showing Service
No Showing Service Used

More Information

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
950
Avg SqFt
400
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1841
Avg SqFt
750
# Baths
Yes

Project Type

Tri-Plex
Yes

Construction

Brick
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1351
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
540000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes
Individual
Yes

Cooling

Central Air
Yes
Electric
Yes
Individual
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Built-In Electric Oven
Yes
Dishwasher
Yes
Microwave
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

Individual Meter
Yes

Gas

Other (See Remarks)
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Brick Const - Finish: Other (See Remarks) Roofing: Composition Floors: Vinyl Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Appliances Included: Built-In Electric Oven; Refrigerator; Dishwasher; Microwave; Washer/Dryer Heating: Individual Cooling: Electric; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: Individual Meter Gas: Other (See Remarks) Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: ABI Multifamily
Last Updated: July - 09 - 2026
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