719-733 E MARLETTE Avenue, Phoenix, AZ 85014

$2,066,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $2,066,000 Last Modified: 1/13/2026

Overview

Description

The opportunity consists of a 10-unit multifamily property located within the North Central Phoenix submarket. The property consists of two separate tax parcels, one with 8-units and the other with 2-units. The improvements are situated on a generous combined parcel square footage of 40,374 SF, with R-4 multifamily zoning. A potential value-add scenario would be to either finish renovating the two duplexes and/or develop additional units on either of the parcels.

Listing Details MLS# 6967531

Location, Tax & Legal

House Number
719-733
Compass
E
Street Name
MARLETTE
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85014
Zip4
1503
Country
US
County Code
Maricopa
Subdivision
ORANGE HEIGHTS LOTS 1-4, 14-16
Assessor Number
161-15-035-G
Tax Year
2024
Assessor's Map #
15
Assessor's Parcel #
35
Assessor Parcel Ltr
G
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
106501
Taxes
6118
Legal
ORANGE HEIGHTS LOT 37 E 195' OF W 380' OF N2 N2 EX N 20' RD
Marketing Name
10 Units Multifamily

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
301.72 x 137.28
Year Built
1968
Uncvrd Parking Spcs
6
Total # of Units
10
# of Buildings
3
Zoning
R-4
Elementary School District
Madison Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
E Marlette Ave & N 7th St
Directions
Head north on AZ-51 N. Take exit 4B for Bethany Home Rd. Use the left 2 lanes to take ramp to E Bethany Home Rd. Turn right onto N 7th St. Turn right onto E Marlette Ave. Destination will be on the ri

Status Change Info

Off Market Date
2026-01-13
Under Contract Date
2026-01-13
Close of Escrow Date
2026-01-13

Legal Info

Township
2N
Range
3E
Section
9
Lot Number
37

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

Efficiency Units

# Efficiency Units
10
# Baths
Yes
Avg Rent
0

1 Bedroom Units

# 1 Bedroom Units
6
Avg Rent
1400
Avg SqFt
690
# Baths
Yes

2 Bedroom Units

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

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg SqFt
1100
# Baths
2
Avg Rent
0

Sold Info

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

Project Type

Duplex
Yes
5 - 12 Units
Yes

Construction

Block
Yes
See Remarks
Yes

Const - Finish

Painted
Yes
Other (See Remarks)
Yes

Roofing

Composition
Yes

Floors

Other
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
6118
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
2650000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes
Other
Yes
See Remarks
Yes

Heating

Natural Gas
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Exterior Amenities

Other (See Remarks)
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

See Remarks
Yes

Road Surface Type

Gravel
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes
See Remarks
Yes

Sewer

Sewer - Public
Yes

Parking Features

<1 Space Per Unit
Yes
See Remarks
Yes

Electric

City Electric
Yes
Other (See Remarks)
Yes

Gas

City Gas
Yes

Owner Pays

See Remarks
Yes

New Financing

Cash
Yes
Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex; 5 - 12 Units Construction: Block; See Remarks Const - Finish: Painted; Other (See Remarks) Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool; Other; See Remarks Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: See Remarks Heating: Natural Gas Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise; See Remarks Sewer: Sewer - Public Electric: City Electric; Other (See Remarks) Gas: City Gas Parking Features: <1 Space Per Unit; See Remarks Road Surface Type: Gravel Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear New Financing: Cash; Other (See Remarks) Environmental: None
IDX
Listing Office: R.O.I. Properties
Last Updated: January - 13 - 2026
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