4145 N LONGVIEW Avenue, Phoenix, AZ 85014 (MLS# 5896402)

4145 N LONGVIEW Avenue, Phoenix, AZ 85014

$2,030,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $2,030,000 Last Modified: 2/02/2026

Overview

Description

Longview Park Place Apartments is an exceptional unit mix and Midtown Phoenix location. This apartments have very low maintenance with minimal landscape and upkeep. Newer 1980's construction and a few minutes from 51 freeway. Brand new construction of new condo's being built on the same street. Unit mix is 10 (2) bedroom (2) bathrooms and 8 (2) one bath. All ground units have private yards. Washer and dryer hook ups. Current rents are way below market rent at avg of 742 a unit. Current NOI on 104k 5.01 cap. Proforma rents should be at 1,000 to 1050 for a new NOI at $161,600 cap 7.8% cap. Rent value add. The parking lot is in process of getting a repaired with black top and paint. Drive by only tenants are unaware of the sale. All facts and figures are approximate buyer verify informati

Listing Details MLS# 5896402

Location, Tax & Legal

Map Code/Grid: P34
House Number: 4145
Compass: N
Street Name: LONGVIEW
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4900
Country: US
County Code: Maricopa
Subdivision: LONGVIEW
Assessor Number: 155-05-078-A
Tax Year: 2019
Assessor's Map #: 5
Legal Description (Abbrev): LONGVIEW PLACE BLK 2 & 3 LOTS 8-12
Assessor's Parcel #: 78
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108601
Taxes: 7960
Tax District: PHOENI
Legal: LOT 6 BLOCK 3 LONGVIEW PLACE BLK 2 & 3 LOTS 8-12 MCR 000504
Marketing Name: LONGVIEW PLACE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 0.59
Year Built: 1987
Uncvrd Parking Spcs: 25
Total # of Units: 18
# of Buildings: 2
Zoning: R-4
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Jr. High School: Osborn Middle School
High School: Phoenix Union Cyber High School

Remarks Misc

Cross Street: INDIAN SCHOOL RD & 12TH STREET

Status Change Info

Off Market Date: 2019-07-22
Under Contract Date: 2019-06-04
Close of Escrow Date: 2019-08-01

Legal Info

Township: 2N
Range: 3E
Section: 21
Lot Number: 6

More Information

Income Expenses

Gross Annual Sch Inc: 223000
Net Operating Income: 161616

2 Bedroom Units

# 2 Bedroom Units: 18
Avg Rent: 1030.55
Avg SqFt: 7175
# Baths: 2

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

13 - 24 Units: Yes

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Foam: Yes

Floors

Vinyl: Yes
Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes
Laundry Equipment: Yes

Income & Expenses

Annual Elec Exp: 732
Annual Gas Exp: 0
Annual Ins Exp: 4596
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 9600
Annual Mgmt Exp: 10596
Annual Trash Exp: 1500
Annual Wtr/Swr Exp: 11052
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 5000
Annual Other Expense: 7960
Operating Exp: 58996
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 211850
Total Monthly Rental Income: 18500

Pmt & Rate Info

Cap Rate: 7.81
Down Payment: 0
Equity: 2070000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Heat Pump: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Partially Fenced: Yes
Cable TV Available: Yes
Patio/Balcony: Yes
Security Light(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Vertical Blinds: Yes
Mini Blinds: Yes
Breakfast Bar: Yes

Tenant Pays

Electricity: Yes
Cable TV: Yes

Appliances Included

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

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes
Other (See Remarks): Yes

Water Source

City Franchise: Yes
Individual Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

>1 Space Per Unit: Yes
Paved: Yes
Assigned: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash to Loan: Yes
Conventional: Yes
1031 Exchange: 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

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 13 - 24 Units Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer Cooling: Heat Pump Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Assigned; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma; Other (See Remarks) 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 to Loan; Conventional; 1031 Exchange Environmental: None

Listing Office: Grace CRE

Last Updated: February - 02 - 2026