1702 W YUMA Street, Phoenix, AZ 85007
$525,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$525,000
Last Modified:
3/19/2026
Description
4 plex located at 19th Ave and Buckeye. Fresh exterior repaint. and #1. #2, 3, 4 all repainted in last 18 months. Central AC installed 2018--Filters changed every 60 days. All units are one 1 bed/1 bath with stove and fridge included with all leases. All tenants are current on rent for April 2022 and pay a 1/4 share of the water, sewer, trash bill from City of Phoenix. Electric is individually metered. Well maintained unit with great maintenance records and 3-12 months left on all leases. Average rent is $903 per unit for a net cap rate over 6%!
More Information MLS# 6383201
Contract Info
Ownership: Fee Simple
Current Price: $525,000
Sold Price: $525,000
Status: Closed
List Date: 2022-04-09
Location, Tax & Legal
Assessor's Map #: 4
Assessor's Parcel #: 1
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 0
Taxes: 818
Tax District: 211
Legal: LOT 1 BLOCK 1 CALLAWAY TRACT MCR 003541
Marketing Name: Central City South
Map Code/Grid: Q34
House Number: 1702
Compass: W
Street Name: YUMA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3829
County Code: Maricopa
Assessor Number: 105-04-001
Tax Year: 2021
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: UNK
Total # of Units: 4
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Year Built: 1983
Zoning: 4-PLEX
Legal Info
Cnty Rcrd Bk & Pg #: 3541
Lot Number: 1
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 1200
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: 2018
Other Income: 0
Vacancy Allowance: 0.01
Adjusted Gross Inc: 42910.56
Total Monthly Rental Income: 43344
Pmt & Rate Info
Cap Rate: 8.02
Down Payment: 0
Equity: 525000
1st Encumbrance: 0
Down Payment %: 0
Monthly Payments: 0
1st Interest Rate: 0
1st Payment: 0
1st Payment Freq: None
2nd Encumbrance: 0
2nd Payment: 0
2nd Payment Freq: None
3rd Encumbrance: 0
3rd Payment: 0
3rd Payment Freq: None
Total Owed: 0
Assessment Balance: 0
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Cooling
Central Air: 1
Electric: 1
Heat Pump: 1
Interior Features
Unfurnished: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Master Meter: 1
See Remarks: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash to Loan: 1
VA: 1
Conventional: 1
FHA: 1
Special
Accept Backups (CLO): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 899
Avg SqFt: 416
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Mobile Home Prk Info
Avg Rent Single Wide: 0
Avg Rent Double Wide: 0
Avg Rent Ovrnght Spc: 0
Avg Rent RV Spaces: 0
Avg Rent Oversize Sp: 0
Sold Info
Loan Type: FHA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 17TH AVE AND BUCKEYE. SOUTH ON 17TH AVE
Directions: TO PROPERTY. PROPERTY ON N/W CORNER OF 17TH AVE AND BUCKEYE.
Geo Lat: 33.435198
Geo Lon: -112.095853
Status Change Info
Off Market Date: 2022-07-01
Under Contract Date: 2022-05-19
Close of Escrow Date: 2022-07-13
Sold Price: $525,000
Income Expenses
Gross Annual Sch Inc: 43344
Net Operating Income: 42088
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Heat Pump
Cooling: Electric; Heat Pump; Central Air
Water Source: City Franchise; Master Meter; See Remarks
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Accept Backups (CLO)
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash to Loan; VA; FHA; Conventional
Environmental: None
Listing Office:
Market Edge Realty, LLC
Last Updated: March - 19 - 2026
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