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Sold on 01/15/2019

1006 E Polk St, Phoenix, AZ 85006

$320,000

Last sold 01/15/2019 after 194 Days

  • 6

    bed

  • 5

    bath

Multi-family not for sale
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About 1006 E Polk St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Property description
Value-add opportunity in the Historic Garfield District. Seller financing available with minimum 25% down, 6% interest rate, 30 yr amortization, and a 2 year term for well-qualified buyers. Complex needs work, buyer should drive by before submitting an offer. 7 total units, 4 buildings. Unit mix per seller is four 1 bedrooms, one 2 bedroom, and two Studio units. Rents are well below market. All tenants are on verbal month-to-month leases. R5 zoning, 7500 SF lot. Offering Memorandum available upon request via email. Buyer to complete and rely on own due diligence. No showings until escrow, drive by only.
Listed by
Listing Agent - James C Stephens
Listing Office - Platinum Living Realty
Source: ARMLS mls logo
MLS#5793888 • last updated 5 years ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Natural Gas
MLS # 5793888
Type Multiple Dwellings
Status Closed
Property Tax 1332
Year Built 1920
Interior
Flooring Ceramic Tile, Concrete
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition, Built-Up
Construction Wood Frame, Painted, Stucco, Brick
Parking Other, Free, >1 Space Per Unit
# of Open Parking Spaces 10
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School Garfield School
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
High School North High School
APN 116-26-017
Zoning R5
Directions 7th ST To Polk, East A Few Blocks. Corner Lot.
Multifamily Details
Total # of Units 7
Expense: Operating 1332
Financial Data Source Unknown
We are not permitted to show value estimates for this property.
  • Jan 2019
    Public Records
  • Jan 15, 2019 Sold
    $320,000
  • Jan 2019
    mls logo MLS # 5793888
  • Jan 15, 2019 Sold
    $320,000 (+58.4%)
  • May 2006
    Public Records
  • May 24, 2006 Sold
    $202,000
  • Year Property taxes Tax assessment
  • 2024
    $5,081 +267.1%
    $97,110 +60.62%
  • 2022
    $1,384 +0.8%
    $60,460 +51.91%
  • 2021
    $1,374 -1.1%
    $39,800 +24.92%
  • 2020
    $1,389 +0.2%
    $31,860 +18.97%
  • 2019
    $1,387 +1.7%
    $26,780 +23.35%
  • 2018
    $1,363
    $21,710
  • 1006 E Polk St
    $320K
  • Garfield
    $499K +5% y/y
  • 85006
    $499K 0% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Garfield School
public Grades PK, K-8
Phoenix Elementary District
3/10
North High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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