3213 E FLOWER Street, Phoenix, AZ 85018

$1,500,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,500,000 Last Modified: 4/07/2026

Overview

Description

Extremely unique property situated on a large .98 acre lot on the boundary of the highly desired Arcadia area. Fully occupied multi-unit property consisting of 7 buildings, 9 total units recently updated inside and out. Great turn key property with excellent cash flow. Buy for the income and/or future development opportunity. Private driveway, irrigated lot, covered parking plus 3 car garage. Onsite coin operated laundry facility. Large mature trees, citrus trees, rose garden, open common areas with lots of grass.

Listing Details MLS# 5750064

Location, Tax & Legal

Map Code/Grid
P35
House Number
3213
Compass
E
Street Name
FLOWER
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85018
Zip4
6223
Country
US
County Code
Maricopa
Subdivision
VALENCIA ACRES
Assessor Number
127-32-025
Tax Year
2017
Assessor's Map #
32
Legal Description (Abbrev)
VALENCIA AC PT LOT 9 W2 OF FOL BEG NE COR LOT 9 TH W TO PT 160' E OF NW COR LOT TH S TO S LN TH E T
Assessor's Parcel #
25
Add'l Parcels
Yes
Tax Municipality
Maricopa - COUNTY
Census Tract
110901
Taxes
6578
Legal
VALENCIA AC PT LOT 9 W2 OF FOL BEG NE COR LOT 9 TH W TO PT 160' E OF NW COR LOT TH S TO S LN TH E T
Marketing Name
Flower Street

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
140 x 304
Year Built
1960
Uncvrd Parking Spcs
2
Total # of Units
9
# of Buildings
7
Zoning
R-3 & R-4
High School District
Phoenix Union High School District
Elementary School
Monte Vista Elementary School
Jr. High School
Monte Vista Elementary School
High School
Camelback High School

Remarks Misc

Cross Street
32nd St & Indian School
Directions
South of Indian School, East on Flower. No Sign, Drive By Only, Do Not Disturb Tenants or Enter Private Drive.

Status Change Info

Off Market Date
2018-09-17
Under Contract Date
2018-05-21
Close of Escrow Date
2018-09-21

Legal Info

Township
2N
Range
3E
Section
25
Lot Number
9

More Information

Income Expenses

Gross Annual Sch Inc
124020
Net Operating Income
104252.04

Efficiency Units

# Efficiency Units
2
Avg Rent
600
Avg SqFt
500
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
3
Avg Rent
900
Avg SqFt
700
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1100
Avg SqFt
1000
# Baths
2

4 Bedrooms Units

# 4 Bedroom Units
Yes
Avg Rent
2400
Avg SqFt
2000
# Baths
4

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Other Type

House + Rental Units
Yes
Packaged Offering
Yes

Construction

Wood Frame
Yes
Brick
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Wood
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
2400
Annual Gas Exp
0
Annual Ins Exp
1800
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
3600
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
5400
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
19778
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
124020

Pmt & Rate Info

Cap Rate
6.13
Down Payment
0
Equity
1699500
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

No Pool
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Exterior Amenities

Green Landscaping
Yes
Fenced
Yes
RV/Boat Parking
Yes
Cable TV Available
Yes
Sidewalk(s)
Yes
Patio/Balcony
Yes
Separate Storage
Yes
Security Light(s)
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Other
Yes

Road Access Type

Private Road
Yes

Road Surface Type

Dirt
Yes
Gravel
Yes

Source of Fincl Data

Owner
Yes
Books Shwn Accpt Ofr
Yes

Water Source

City Franchise
Yes
Irrigation
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage
Yes
Carport
Yes
<1 Space Per Unit
Yes
Garage Door Opener
Yes

Electric

SRP
Yes
Master Meter
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

3 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Other Type: House + Rental Units; Packaged Offering Construction: Wood Frame; Brick Const - Finish: Painted Roofing: Composition Floors: Wood; Ceramic Tile; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Green Landscaping; Fenced; RV/Boat Parking; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage; Security Light(s) Appliances Included: Other Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: City Franchise; Irrigation Sewer: Sewer - Public Electric: SRP; Master Meter; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Garage; Carport; <1 Space Per Unit; Garage Door Opener Road Access Type: Private Road Road Surface Type: Gravel; Dirt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Books Shwn Accpt Ofr 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: Conventional Environmental: None
IDX
Listing Office: RE/MAX Solutions
Last Updated: April - 07 - 2026
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