1597 W MOUNTAIN VIEW Road, Phoenix, AZ 85021

$700,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Active
Current Price: $700,000 Last Modified: 9/02/2026

Overview

Description

Phoenix 4 plex fully leased and upgraded. All units are 2x1 with laminate flooring throughout and updated bathrooms and kitchens. Units leased at market rate. Parking slabs for easy parking. Individually metered electric. Owner pays for water, sewer, trash, and garbage. Do Not Disturb Tenants. Drive By Only.

Listing Details MLS# 7074457

Location, Tax & Legal

House Number
1597
Compass
W
Street Name
MOUNTAIN VIEW
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85021
Zip4
2184
Country
US
County Code
Maricopa
Assessor Number
158-23-076-B
Tax Year
2025
Assessor's Map #
23
Legal Description (Abbrev)
E 50F OF W 190F OF N 233F N2 NE4 NE4 SW4 SEC 30 EX N 33F RD
Assessor's Parcel #
76
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104501
Taxes
858
Legal
E 50F OF W 190F OF N 233F N2 NE4 NE4 SW4 SEC 30 EX N 33F RD
Marketing Name
Mt View 4 Plex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
0.23 acres / 10,000 sqft
Year Built
1965
Uncvrd Parking Spcs
8
Total # of Units
4
# of Buildings
2
Zoning
Multi-Family HD
Flood Zone
No
Elementary School District
Washington Elementary School District
High School District
Glendale Union High School District
Elementary School
Washington Elementary School
High School
Glendale High School

Remarks Misc

Cross Street
Peoria and Mountain View Rd
Directions
From Peoria take Mountain View East to property on the South side of street. It's on the East side of the property 1597 B

Legal Info

Township
3N
Range
3E
Section
30

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1325
Avg SqFt
633
# Baths
Yes

More Information

Structure

Bedrooms Total
8
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
62400
Net Operating Income
48918

Showing Notification Methods

Showing Service
No Showing Service Used

Project Type

Four Plex
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Laminate
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
1900
Annual Maint Exp
2000
Annual Mgmt Exp
4080
Annual Wtr/Swr Exp
3300
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
12138
Other Income
0
Vacancy Allowance
0.04
Adjusted Gross Inc
59904

Pmt & Rate Info

Cap Rate
6.99
Equity
700000
Down Payment %
0.2
Monthly Payments
2200
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Central
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Disposal
Yes
Free-Standing Electric Oven
Yes
Refrigerator
Yes
None
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes
Dirt
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes
Individual Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Paved
Yes
Assigned
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Conventional
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Laminate Sale Includes: Land & Building Community Features: No Pool Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Electric Oven; Refrigerator; Disposal; None Heating: Central Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Assigned; Paved Road Access Type: City Street Road Surface Type: Dirt; Asphalt; Concrete Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Conventional New Financing: Cash; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: HQ Property Services
Last Updated: September - 02 - 2026
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