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Sold on 06/16/2021

1018 S 3rd Ave, Phoenix, AZ 85003

$495,000

Last sold 06/16/2021 after 23 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 1018 S 3rd Ave

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
Investment Opportunity! Block Four Plex built in 1984, all 2 Bedroom/1 Bath Units & fully rented. Units are individually metered for electricity & master metered for water. Great location w/huge potential w/light rail expansion. Close to downtown. Easy rental area. all w/A/C's (no evap coolers). 2 ac units replaced recently. Fenced parking. Please do not disturb tenants. Rents are under market but are on month to month. Market rent for 2 bedrooms in this area are around $725-$825 per unit.
Listed by
Listing Agent - Andrew J Maxson
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#6240949 • last updated 5 years ago
Movoto checked ARMLS for data 11 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Natural Gas
MLS # 6240949
Type Multiple Dwellings
Status Closed
Property Tax 974
Year Built 1984
Interior
Flooring Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Paved, Free, >1 Space Per Unit, 1 Space/Unit
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 112-24-151
Zoning MULTI
Directions From Buckeye, N. Onto 3rd Avenue, Property Is The Second One, Fenced On The West Side Of Street
Multifamily Details
Total # of Units 4
Expense: Operating 974
Financial Data Source Owner
We are not permitted to show value estimates for this property.
  • Jun 2021
    mls logo MLS # 6240949
  • Jun 15, 2021 Sold
    $495,000
  • May 25, 2021 Listed
    $460,000 (+98.3%)
  • Jun 2021
    Public Records
  • Jun 14, 2021 Sold
    $495,000 (+7.6%)
  • Jun 2005
    Public Records
  • Jun 16, 2005 Sold
    $232,000
  • Year Property taxes Tax assessment
  • 2024
    $1,016 +4.7%
    $53,720
  • 2022
    $971 +0.8%
    $53,720 +124.11%
  • 2021
    $963 -1.1%
    $23,970 +28.32%
  • 2020
    $974 +0.2%
    $18,680 +23.14%
  • 2019
    $973 +1.7%
    $15,170 +13.38%
  • 2018
    $956 +2.4%
    $13,380 +32.74%
  • 2017
    $934 +3.0%
    $10,080 +1.51%
  • 2016
    $907 +8.1%
    $9,930
  • 2015
    $839
    —
  • 1018 S 3rd Ave
    $495K
  • Central City South
    $312K +10% y/y
  • 85003
    $739K +16% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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

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