Back 407 N 17th Dr
Off Market

407 N 17th Dr

Phoenix AZ 85007

5
Multi-Family
Last sold for $245,000
Scott TreveyScott Trevey, last sold this property on 30 April 2020 after -1 days on market.

Overview

100% OCCUPIED - TENANT'S RIGHTS - NO SHOWINGS UNTIL ACCEPTED CONTRACT AND DURING INSPECTION PERIOD REIM is pleased to present 407 N 17th Dr. in Phoenix, AZ 85007. This 'tri-plex' residential asset consists two 1-bed / 1-bath rental units of approximately 775 square feet in the front (duplex) building, and a 2-bed / 1-bath home of approximately 1,000 square feet in the back. These highly desirable 'retro' buildings offer amenities like covered porches, picture windows, covered parking, fenced yards and Spanish-style arches and stucco design cues. Modest updating at this low-density property along with in-unit washers/dryers insure good upside for the investor since rents are far behind the market. Proximity to downtown and the freeway system make the location ideal for tenants.

Features

5 carspaces
4 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 407 N 17th Dr is $515k.

Median value
$515k
Estimated value range
$154k - $1.5m
Median days on market
65
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 407 N 17th Dr

2020
Sold
$245,000
30 Apr 2020 by Scott Trevey, of REI Marketing
2015
Sold
$99,000
14 Dec 2015 by Bob Passariello

Happy sellers in Phoenix

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We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.

Local market activity for multi families in Phoenix

In the last 12 months, 20 multi families similar to 407 N 17th Dr, have been sold.

This represents a 15% increase in multi families sales when compared to the previous 12 months.

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