412 N 17th Dr

Phoenix AZ 85007

Multi-Family

Last sold for $698,000

James Stephens, last sold this property on 15 July 2021 after 42 days on market.

Overview

Sold! $698,000 to a 1031/cash buyer on 7/15/2021. 4 unit in the sought after Oakland Historic District near State of AZ government buildings in heart of Downtown Phoenix. Cosmetically upgraded & stabilized. 6 CAP +/- with close to $5,000/month of rental/additional income! 100% occupied, excellent tenants. Well-managed/operated by local owner. Perfect handoff to new owner. Two duplex buildings on a 8700 SF lot. Front building is 1227 SF (two 1/1's @ 614 SF), built in 1958. Rear building is 1431 SF (one 1/1 @ 614 SF w/ 2/1 @ 817 SF), built in 1962. Upgraded in all of the right places. Tenant paid electric. Owner paid w/s/t. Rents, w/s, yard #'s actual. Other expenses approximate.

Features

2 carspaces

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 412 N 17th Dr is $549k.

Median value

$549k

Estimated value range

$154k - $1.5m

Median days on market

Estimated value trend

15%

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 412 N 17th Dr

2021

Sold

$698,000

15 Jul 2021 by James Stephens, of Better Homes & Gardens Real Estate SJ Fowler

2021

Sold

$725,000

15 Jul 2021 by Ginger Orsi, of Compass

2020

Sold

$320,000

07 Jan 2020 by Mark Skelpsa, of Arizona Investment & Mgt, LLC

Happy sellers in Phoenix

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.