4233 N Longview Avenue, Phoenix, AZ 85014 (MLS# 7083167)

4233 N Longview Avenue, Phoenix, AZ 85014

$2,700,000

Property Type: Multiple Dwellings Bedrooms: 24 Baths: 24 Status: Active

Current Price: $2,700,000 Last Modified: 9/21/2026

Overview

Description

Interior improvements include upgraded flooring, cabinetry, doors, windows, countertops, and in-unit washers and dryers, creating a modernized living environment throughout the property. Ownership has also completed substantial exterior and common-area improvements, including a new swimming pool, new roofs, refreshed landscaping, and a fully redone parking lot. Together, these upgrades materially enhance the property's competitive positioning while reducing near-term capital expenditure requirements for new ownership.

Listing Details MLS# 7083167

Location, Tax & Legal

House Number: 4233
Compass: N
Street Name: Longview
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Country: US
County Code: Maricopa
Assessor Number: 155-06-039
Tax Year: 2026
Assessor's Map #: 6
Assessor's Parcel #: 39
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 5481
Legal: LONGVIEW PLACE
Marketing Name: Waterside Apartments

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 296448
Year Built: 1987
Uncvrd Parking Spcs: 20
Total # of Units: 12
# of Buildings: 2
Zoning: R-3
Flood Zone: No

Legal Info

Lot Number: 12

2 Bedroom Units

# 2 Bedroom Units: 12
Avg Rent: 1641
Avg SqFt: 925
# Baths: 2

More Information

Structure

Bedrooms Total: 24
Bathrooms Total: 24

Income Expenses

Gross Annual Sch Inc: 237600
Net Operating Income: 170795

Showing Notification Methods

Showing Service: No Showing Service Used

Project Type

5 - 12 Units: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Foam: Yes

Floors

Concrete: Yes
Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 22720
Annual Ins Exp: 8540
Annual Landscape Exp: 4320
Annual Legal & Acctg: 2400
Annual Maint Exp: 7968
Annual Mgmt Exp: 11410
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Rplcmnt Rsrvs: 3000
Operating Exp: 65839
Other Income: 7090
Vacancy Allowance: 0.05
Adjusted Gross Inc: 232455.5

Pmt & Rate Info

Cap Rate: 6.33
Equity: 2700000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Pool: Yes

Heating

Electric: Yes

Cooling

Electric: Yes
Individual: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Dishwasher: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: 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
Landscaping: Yes
Pool Maintenance: Yes

New Financing

Cash: Yes
Conventional: Yes
No Carry: Yes
1031 Exchange: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Stucco Roofing: Foam Floors: Concrete; Vinyl Sale Includes: Land & Building Community Features: Pool Appliances Included: Refrigerator; Dishwasher; Washer/Dryer Cooling: Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Landscaping; Pool Maintenance Tenant Pays: Electricity Source of Fincl Data: Owner; Projected Proforma Lockbox Type: None New Financing: Cash; Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: Marcus & Millichap

Last Updated: September - 21 - 2026