2617 E PORTLAND Street, Phoenix, AZ 85008

$413,000

Property Type: Multiple Dwellings Bedrooms: 7 Baths: 4 Status: Closed

Current Price: $413,000 List Date: 5/31/2024 Last Modified: 10/28/2026

Overview

Description

This is an incredible chance for investors to acquire two Tri-Plexes or a buyer to live in one unit and use residential financing, there are two (2) Tri-Plexes ideally should be purchased together or can be purchased separately - adjacent property at 2619 E. Portland St. These Tri-Plexes feature single-level layouts, ACs were done in 2013, front and rear entrances, and are conveniently situated near the 202 Freeway and very near a Hospital, just east of 24th Street. Enjoy a shared courtyard and private secure parking in the rear. Each building comprises two one-bedroom/one-bath units and one two-bedroom/one-bath unit.

Listing Details MLS# 6711916

Location, Tax & Legal

House Number: 2617
Compass: E
Street Name: PORTLAND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4994
Country: US
County Code: Maricopa
Subdivision: DEL REY LOTS 101-140
Assessor Number: 121-76-081-E
Tax Year: 2023

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 6643
Year Built: 1958
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: Yes
Zoning: Multi
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Creighton Elementary School

Remarks Misc

Cross Street: 24th Street
Directions: 24th Street/McDowell Directions: South to Portland

Status Change Info

Off Market Date: 2024-06-21
Under Contract Date: 2024-05-30
Close of Escrow Date: 2024-06-25

Legal Info

Township: 1N
Range: 3E
Section: 2
Lot Number: 131

More Information

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 995
Avg SqFt: 685
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 895
Avg SqFt: 550
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 995
Avg SqFt: 550
# Baths: Yes

Structure

Bedrooms Total: 7
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 33420
Net Operating Income: 25065

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Cash
Payment Type: Other
Closing Cost Split: Buyer - B
Buyer Concession $/%: %
Seller Concession $/%: %

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Payment Includes: Taxes; Insurance Community Features: No Pool Exterior Amenities: Desert Landscaping; Curb(s) & Gutter(s) Interior Features: Unfurnished Appliances Included: None Heating: Natural Gas Cooling: Evaporative Cooling Water Source: Master Meter Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: <1 Space Per Unit Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Other (See Remarks) Special: Accept Backups (CLO) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Other Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: HomeSmart

Office Phone: 480-443-7400

Office Email: rlarue@hsmove.com

Last Updated: October - 28 - 2026