2013 W ADAMS Street, Phoenix, AZ 85009

$499,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 3 Status: Active
Current Price: $499,000 Last Modified: 9/27/2026

Overview

Description

Fully occupied tri-plex located near downtown Phoenix with stable tenants and great cash flow ($3400 per month)! The property consists of three 2 bedroom, 1 bathroom units; 2 of the units have been remodeled. Other updates/upgrades include: new roof (2022), new backyard fencing, new water heater and new windows for unit 2015; new electrical panel for unit 2013. The 3 units are located on a spacious 14,000 square foot lot with a gated yard for each unit. Tenants pay for electric; owner pays for water and trash. Property is a corner lot located near the state capitol with easy access to both I-10 and I-17. Come check out this great, cenrally located, income producing property!

Listing Details MLS# 7085899

Location, Tax & Legal

House Number
2013
Compass
W
Street Name
ADAMS
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85009
Zip4
5238
Country
US
County Code
Maricopa
Subdivision
CAPITOL ADDITION
Assessor Number
109-31-030-A
Tax Year
2025
Assessor's Map #
31
Legal Description (Abbrev)
CAPITOL MCR 2/13 LOTS 3 & 4
Assessor's Parcel #
30
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114402
Taxes
838
Legal
CAPITOL MCR 2/13 LOTS 3 & 4
Marketing Name
22/002

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
total lot 14,000 square feet
Year Built
1946
Uncvrd Parking Spcs
3
Total # of Units
3
# of Buildings
Yes
Zoning
R-3
Flood Zone
TBD
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District
Elementary School
Mary Mcleod Bethune School
Jr. High School
Mary Mcleod Bethune School
High School
Central High School

Remarks Misc

Cross Street
19th Ave. and Adams
Directions
Go West on Adams past 19th Ave.. Property will be on the left. Street parking available on 20th Ave.

Legal Info

Township
1N
Range
2E
Section
12
Lot Number
4

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1133.33
Avg SqFt
700
# Baths
Yes

More Information

Structure

Bedrooms Total
6
Bathrooms Total
3

Income Expenses

Gross Annual Sch Inc
38760
Net Operating Income
38147

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

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

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Laminate
Yes
Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Trash Exp
815
Annual Wtr/Swr Exp
1000
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
2653
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
36822
Total Monthly Rental Income
3400

Pmt & Rate Info

Cap Rate
7.64
Equity
499000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes
Electric
Yes

Exterior Amenities

Fenced
Yes
Cable TV Available
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Free-Standing Electric Oven
Yes
Refrigerator
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

1 Space/Unit
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Laminate; Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available Interior Features: Unfurnished Appliances Included: Free-Standing Electric Oven; Refrigerator Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS Gas: None Parking Features: 1 Space/Unit Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Non Assumable New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: HomeSmart
Last Updated: September - 27 - 2026
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