1615 W DESERT COVE Avenue, Phoenix, AZ 85029 (MLS# 7014247)

1615 W DESERT COVE Avenue, Phoenix, AZ 85029

$600,000

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 3 Status: Active

Current Price: $600,000 Last Modified: 8/08/2026

Overview

Description

DO NOT DISTURB TENANTS!!! 48HR MIN NOTICE. LANDLORDS HAVE CONTINUOUSLY IMPROVED THE PROPERTY SINCE THEY'VE OWNED THEM. ASK FOR A LIST OF UPDATES. PERFECT FOR OWNER OCCUPANCY ON ONE AND RENT THE OTHER 2; AS THE LEASES ARE EXPIRING IN JUNE. PLEASE NOTE THAT THE TENANTS WOULD LOVE TO EXTEND THEIR LEASE AS THEY HAVE BEEN LOYAL RENTERS. THESE ARE 2 SEPARATE BUILDINGS. THE FRONT BUILDING IS A STAND ALONE UNIT AND A LITTLE LARGER. THE REAR BUILDING HAS 2 ATTACHED UNITS. EACH OF THE 3 UNITS HAS 2 BEDROOMS & 1 BATH ALONG WITH A COVERED PARKING SPOT, STORAGE/LAUNDRY ROOM & A GENEROUS SIZED BACK YARD. THESE BUILDINGS ARE SOLID SLUMP BLOCK BUILT THAT ARE IN GREAT CONDITION THAT CAN CONTINUE TO STAND THE ARIZONA HEAT WITH PROPER CARE & MAINTENANCE FOR A LONG LONG TIME!

Listing Details MLS# 7014247

Location, Tax & Legal

House Number: 1615
Compass: W
Street Name: DESERT COVE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 4851
Country: US
County Code: Maricopa
Subdivision: DESERT COVE EXTENSION LOTS 5-12 21 24-28
Assessor Number: 159-14-008-J
Tax Year: 2025
Assessor's Map #: 14
Legal Description (Abbrev): DESERT COVE EXTENSION MCR 31-34 POR OF LT 3 DAF COM INT 17TH AVE & DESERT COVE AVE TH E 442.07F TH S
Assessor's Parcel #: 8
Assessor Parcel Ltr: J
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103615
Taxes: 1831
Legal: DESERT COVE EXTENSION MCR 31-34 POR OF LT 3 DAF COM INT 17TH AVE & DESERT COVE AVE TH E 442.07F TH S
Marketing Name: TRIPLEX ON DESERT COVE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: (147.99 x 60.01) Refer to tax records to confirm
Year Built: 1974
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 2
Zoning: Multi
Flood Zone: No
High School District: Glendale Union High School District

Remarks Misc

Cross Street: 19th Ave & Peoria
Directions: North on 19th Ave., east on Desert Cove to property.

Legal Info

Township: 3N
Range: 3E
Section: 19
Lot Number: 3

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1333.33
Avg SqFt: 661
# Baths: Yes

More Information

Structure

Bedrooms Total: 6
Bathrooms Total: 3

Income Expenses

Gross Annual Sch Inc: 48000
Net Operating Income: 17552

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Home Phn: 602-501-5001

Project Type

Tri-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

Other Type

House + Rental Units: Yes

Construction

Block: Yes
Slump Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Ceramic Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1831
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 48000

Pmt & Rate Info

Cap Rate: 2.93
Equity: 600000
Down Payment %: 0
Monthly Payments: 2772.48
Total Owed: 0

Payment Includes

Principal: Yes
Interest: Yes
Taxes: Yes
Insurance: Yes

Lockbox Type

See Private Remarks: Yes

Community Features

No Pool: Yes

Heating

Natural Gas: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Exterior Amenities

Partially Fenced: Yes
Curb(s) & Gutter(s): Yes
Satellite Dish: Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Separate Storage: Yes

Interior Features

Unfurnished: Yes
Vertical Blinds: Yes

Tenant Pays

Gas: Yes
Electricity: Yes
Cable TV: Yes

Appliances Included

Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes
Gravel: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Carport: Yes
Add'l Parking Avail: Yes

Electric

APS: Yes
Individual Meter: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
No Carry: Yes

Special

Accept Backups (CLO): Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 1st Loan Terms

Non Assumable: Yes
Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Project Type: Tri-Plex Other Type: House + Rental Units Construction: Block; Slump Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Payment Includes: Principal; Interest; Taxes; Insurance Community Features: No Pool Exterior Amenities: Partially Fenced; Curb(s) & Gutter(s); Satellite Dish; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage Interior Features: Unfurnished; Vertical Blinds Appliances Included: Free-Standing Range; Refrigerator; Microwave; W/D Hookup Heating: Natural Gas Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas Parking Features: Carport; Add'l Parking Avail Road Surface Type: Gravel; Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Special: Accept Backups (CLO) Lockbox Type: See Private Remarks Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable; Not Applicable New Financing: Cash; VA; FHA; Conventional; No Carry Environmental: None

Listing Office: Coldwell Banker Realty

Last Updated: August - 08 - 2026