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Sold on 08/06/2019

1012 E Mohave St, Phoenix, AZ 85034

  • $325,000

    Last sold 08/06/2019 after 46 Days

  • 8

    bed

  • —

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 1012 E Mohave St

Property type Multi-family
Neighborhood
Year built 2006
HOA fee $0/month
Property description
4-BED, 2-BATH in downtown Phx!!! This duplex is set up like a 4-plex. Seller prefers to sell with MLS #5943155 due to the set up. Seller has made price very attractive with a fantastic 7%+ return and even more value add with surrounding rental rates in this up & coming, revitalizing area in down town. The city is speculated to want this area for redevelopment; Potential is huge but just current rents make this 4-plex a great return on money invested from day one. Extremely well taken care of (view pics) and great renters with little to no vacancies!
Listed by
Listing Agent - Stephen Gomez
Listing Office - Property For You Realty
Source: ARMLS mls logo
MLS#5943150 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Heat Pump
Heating Heat Pump
MLS # 5943150
Type Multiple Dwellings
Status Closed
Property Tax 1216
Year Built 2006
Interior
Flooring Other, Vinyl, Wood, Concrete
Appliances Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, Free, Assigned, Add'l Parking Avail, >1 Space Per Unit, On Street, Carport
# of Open Parking Spaces 6
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision THRIFTY HOMES
Community Features Barbecue, No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
High School North High School
APN 115-46-133
Zoning [R-3] Multi-Fam
Directions South On 7th St. Turn East (left) And Properties Will Be On The North (left).
Multifamily Details
Total # of Units 2
Expense: Operating 6822.48
Financial Data Source Owner, Other (See Remarks)
Expense: Maintenance 600
Expense: Insurance 1746.48
Net Operating Income 22909
Gross Income 28800
Expense: Other 500
Expense: Trash 600
Expense: Professional Management 960
Expense: Water/Sewer 1200
Gross Scheduled Income 28800
We are not permitted to show value estimates for this property.
  • Aug 2019
    Public Records
  • Aug 7, 2019 Sold
    $325,000
  • Aug 2019
    mls logo MLS # 5943150
  • Aug 7, 2019 Sold
    $325,000 (+22.6%)
  • Mar 2006
    Public Records
  • Mar 16, 2006 Sold
    $265,000
  • 1012 E Mohave St
    $325K
  • Nuestro Barrio
    $294K -26% y/y
  • 85034
    $395K -3% y/y
  • Phoenix
    $466K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Silvestre S Herrera 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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  • AZ
  • Maricopa County
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  • Nuestro Barrio
  • 1012 E Mohave St
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