325 N 17TH Drive, Phoenix, AZ 85007

$510,300
Property Type: Multiple Dwellings Status: Active
Current Price: $510,300 Last Modified: 4/22/2026

Overview

Description

Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.

Listing Details MLS# 6920059

Location, Tax & Legal

House Number
325
Compass
N
Street Name
17TH
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85007
Zip4
2775
Country
US
County Code
Maricopa
Subdivision
OAKLAND
Assessor Number
111-24-054
Tax Year
2024
Assessor's Map #
24
Legal Description (Abbrev)
OAKLAND
Assessor's Parcel #
54
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
112900
Taxes
1568
Legal
OAKLAND
Marketing Name
Remodeled triplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
8700 sqft
Year Built
1932
Uncvrd Parking Spcs
5
Total # of Units
3
# of Buildings
Yes
Zoning
R-5
Flood Zone
Yes
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
17th Dr and Van Burren

Legal Info

Township
1N
Range
3E
Section
6
Lot Number
8

Income Expenses

Gross Annual Sch Inc
53328
Net Operating Income
50661

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
1340
Avg SqFt
550
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1764
Avg SqFt
650
# Baths
Yes

Project Type

Tri-Plex
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1568
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
50661.6

Pmt & Rate Info

Cap Rate
9.59
Equity
528000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

See Private Remarks
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Electric
Yes

Cooling

Central Air
Yes
Electric
Yes

Tenant Pays

Water
Yes
Sewer
Yes
Electricity
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Concrete
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Conventional
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Block; Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Heat Pump Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Concrete Owner Pays: Water; Electric Tenant Pays: Water; Sewer; Electricity Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: See Private Remarks Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: Gentry Real Estate
Last Updated: April - 22 - 2026
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