2616 W PIERSON Street, Phoenix, AZ 85017
New Listing
$662,500
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$662,500
List Date:
6/16/2026
Last Modified:
6/16/2026
Overview
Description
Listing Details MLS# 7039046
Location, Tax & Legal
- House Number
- 2616
- Compass
- W
- Street Name
- PIERSON
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85017
- Zip4
- 3658
- Country
- US
- County Code
- Maricopa
- Subdivision
- ALTRO TERRACE
- Assessor Number
- 154-04-015
- Tax Year
- 2025
- Assessor's Map #
- 4
- Legal Description (Abbrev)
- LOT 15 ALTRO TERRACE MCR 005235
- Assessor's Parcel #
- 15
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 109001
- Taxes
- 1990
- Legal
- LOT 15 ALTRO TERRACE MCR 005235
- Marketing Name
- NA
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- Irr
- Year Built
- 1971
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 4
- # of Buildings
- 2
- Zoning
- [R-3] Multiple
- Flood Zone
- No
- Elementary School District
- Alhambra Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Alma Elementary School
- Jr. High School
- Alhambra Traditional School
- High School
- Alhambra High School
Remarks Misc
- Cross Street
- 27th Ave / Camelback Rd
- Directions
- Exit Camelback Rd from I17 and turn west. Turn south on 27th Ave. Turn East on W. Pierson St.
Legal Info
- Township
- 2N
- Range
- 2E
- Section
- 24
- Lot Number
- 15
Income Expenses
- Gross Annual Sch Inc
- 59820
- Net Operating Income
- 41424
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Phone Call
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 2
- Avg Rent
- 625
- Avg SqFt
- 985
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- Yes
- Avg Rent
- 915
- Avg SqFt
- 1275
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 1750
- Avg SqFt
- 1450
- # Baths
- 2
Contact Info
- List Agent Home Phn
- 602-618-8792
Project Type
- Four Plex
- Yes
Other Type
- House + Rental Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 1227
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 250
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 4800
- Annual Mgmt Exp
- 3000
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 4285
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 15552
- Other Income
- 4285
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 64105
- Total Monthly Rental Income
- 4985
Pmt & Rate Info
- Cap Rate
- 6.25
- Equity
- 187500
- 1st Encumbrance
- 475000
- Down Payment %
- 0
- Monthly Payments
- 2500
- 1st Interest Rate
- 5.9
- 1st Years Remaining
- 30
- 1st Payment Freq
- Monthly
- Total Owed
- 475000
Payment Includes
- Principal
- Yes
- Interest
- Yes
- Taxes
- Yes
- Insurance
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
Exterior Amenities
- Fenced
- Yes
- Partially Fenced
- Yes
- Cable TV Available
- Yes
- Sidewalk(s)
- Yes
- Separate Storage
- Yes
- Security Light(s)
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Vertical Blinds
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Water
- Yes
- Electricity
- Yes
Appliances Included
- Built-In Electric Oven
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Built-In Range
- Yes
- Washer/Dryer
- Yes
Road Access Type
- Alley
- Yes
- 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
Parking Features
- On Street
- Yes
- 1 Space/Unit
- Yes
- Paved
- Yes
- Add'l Parking Avail
- Yes
- Other
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Other Type:
House + Rental Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Vinyl; Carpet
Sale Includes:
Land & Building; Laundry Equipment
Payment Includes:
Principal; Interest; Taxes; Insurance
Community Features:
No Pool
Exterior Amenities:
Fenced; Partially Fenced; Cable TV Available; Sidewalk(s); Separate Storage; Security Light(s)
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included:
Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling:
Ceiling Fan(s); Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
On Street; 1 Space/Unit; Add'l Parking Avail; Paved; Other
Road Access Type:
Alley; City Street
Road Surface Type:
Asphalt
Road Responsibility:
City Maintained Road
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Water; Electricity
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Fixed
New Financing:
Cash; Conventional; 1031 Exchange
Environmental:
None
Listing Office:
West USA Realty
Last Updated: June - 16 - 2026
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