526 W CULVER Street, Phoenix, AZ 85003

$1,600,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,600,000 Last Modified: 2/05/2026

Overview

Description

THE CULVER 6 is a newly renovated 6 unit multifamily complex with (4) 1- Bedroom/1-bath units and (2) Casita style Studios in the Roosevelt Historic District. Originally constructed in 1928, All structures were taken down to the studs and redesigned. New electric panels, plumbing, sewer line, roof, A/C and tankless water heaters. All units have new custom cabinets, granite countertops, dual pane windows, flooring, stainless steel appliances, washer/dryers and resort style bathroom finishes. The one bedroom units have 14ft ceilings. The Studios are custom designed with built in Murphy bed suites. The Culver 6 consists of 2,378 sq ft of rental space. Minutes away from downtown Phoenix and easy access to the I-10 freeway.

Listing Details MLS# 6298571

Location, Tax & Legal

Map Code/Grid
P34
House Number
526
Compass
W
Street Name
CULVER
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85003
Zip4
1557
Country
US
County Code
Maricopa
Subdivision
KENILWORTH BLKS 1-6
Assessor Number
111-31-023
Tax Year
2021
Building Number
&528
Assessor's Map #
31
Legal Description (Abbrev)
LOT 4 BLOCK 9 KENILWORTH BLKS 1-6 MCR 000839
Assessor's Parcel #
23
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
113000
Taxes
2448
Tax District
11
Legal
LOT 4 BLOCK 9 KENILWORTH BLKS 1-6 MCR 000839
Marketing Name
The Culver 6

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
9425 SqFt
Year Built
1928
Uncvrd Parking Spcs
4
Total # of Units
6
# of Buildings
3
Zoning
R-4
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District
Elementary School
Kenilworth Elementary School
Jr. High School
Phoenix Coding Academy
High School
Central High School

Remarks Misc

Cross Street
McDowell Rd & 7th Ave
Directions
Head east on W McDowell Rd, South on N 5th Ave, West on W Culver St. Property will be on the right.

Status Change Info

Off Market Date
2022-05-09
Under Contract Date
2022-02-03
Close of Escrow Date
2022-05-09

Legal Info

Township
1N
Range
3E
Section
5
Block
9
Lot Number
4

More Information

Income Expenses

Gross Annual Sch Inc
98085.6
Net Operating Income
24198

Efficiency Units

# Efficiency Units
2
Avg Rent
1017.89
Avg SqFt
200
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
4
Avg Rent
1508.93
Avg SqFt
525
# Baths
Yes

Sold Info

Loan Type
Conventional
Loan Years
10
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession to Seller
10000
Buyer Concession $/%
$
Seller Concession to Buyer
895
Seller Concession $/%
$

Project Type

5 - 12 Units
Yes

Other Type

Other (See Remarks)
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Wood
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
672
Annual Ins Exp
4716
Annual Land Lse Exp
0
Annual Landscape Exp
2475
Annual Legal & Acctg
0
Annual Maint Exp
2000
Annual Mgmt Exp
4680
Annual Trash Exp
1432.5
Annual Wtr/Swr Exp
1432
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
19855.5
Other Income
0
Vacancy Allowance
5
Adjusted Gross Inc
392342.4

Pmt & Rate Info

Cap Rate
1.51
Equity
1600000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Showing Notification Methods

Phone Call
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes
Natural Gas
Yes
Individual
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Exterior Amenities

Curb(s) & Gutter(s)
Yes
Sidewalk(s)
Yes
Patio/Balcony
Yes

Interior Features

Unfurnished
Yes
Mini Blinds
Yes
Other (See Remarks)
Yes

Tenant Pays

Electricity
Yes

Appliances Included

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

Road Access Type

Alley
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
Free
Yes
On Street
Yes
Paved
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Gas
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes
No Carry
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

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
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

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Mobile Home Prk Info

Avg Rent Single Wide
0
Avg Rent Double Wide
0
Avg Rent Ovrnght Spc
0
Avg Rent RV Spaces
0
Avg Rent Oversize Sp
0

Property Features

Project Type: 5 - 12 Units Other Type: Other (See Remarks) Construction: Block Const - Finish: Painted Roofing: Composition Floors: Wood Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Curb(s) & Gutter(s); Sidewalk(s); Patio/Balcony Interior Features: Unfurnished; Mini Blinds; Other (See Remarks) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Natural Gas; Individual Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: Carport; On Street; Add'l Parking Avail; Free; Paved Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Gas; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Urbanity Properties
Last Updated: February - 05 - 2026
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