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Sold on 03/22/2025
  • Other
  • Exterior
  • Living
  • Kitchen
  • Bedroom
  • Bath

1021 E Pierce St, Phoenix, AZ 85006

  • $1,265,000

    Last sold 03/22/2025 after 52 Days

  • 12

    bed

  • 8

    bath

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

About 1021 E Pierce St

Property type Multi-family
Neighborhood
Year built 2006
HOA fee $0/month
Property description
1021 E Pierce St is a 4-unit, garden-style property, built in 2006. The property offers an excellent investment opportunity in the sought-after Garfield Historic District. Each unit features 3 bedrooms, 2 bathrooms, and 950 square feet of living space. The property includes washer & dryer hookups in every unit and is individually metered for electricity. Residents also enjoy a landscaped community yard and an on-site parking lot. With value-add potential through continued interior and exterior renovations, the property is also extremely well located within walking distance of Arizona State University's Downtown Campus, Chase Field, and the vibrant dining and entertainment scene of Downtown Phoenix.
Listed by
Listing Agent - Bryce Neagle
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#6812277 • last updated 1 year ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Electric
MLS # 6812277
Type Multiple Dwellings
Status Closed
Property Tax 2632
Year Built 2006
Interior
Flooring Vinyl
Appliances Built-In Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
Exterior
Roof Tile
Construction Wood Frame, Painted, Stucco
Parking Paved, 1 Space/Unit
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision MT PLEASANT TRACT BLOCKS 2-5
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 116-27-111
Zoning R-3
Multifamily Details
Total # of Units 4
Expense: Operating 19728
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 1600
Vacancy Allowance 0.06
Expense: Insurance 2400
Net Operating Income 75906
Gross Income 95128
Expense: Trash 600
Expense: Professional Management 7396
Expense: Water/Sewer 2600
Gross Scheduled Income 100800
Expense: Gardener 1200
We are not permitted to show value estimates for this property.
  • Mar 2025
    mls logo MLS # 6812277
  • Mar 22, 2025 Sold
    —
  • Mar 7, 2025 Active
    —
  • Mar 7, 2025 Sold
    $1,265,000 (+0.4%)
  • Feb 4, 2025 Active
    —
  • Jan 29, 2025 Listed
    $1,260,000 (+129.1%)
  • Mar 2025
    Public Records
  • Mar 20, 2025 Sold
    $1,265,000
  • Jan 2007
    Public Records
  • Jan 12, 2007 Sold
    $550,000 (+19.6%)
  • Nov 2006
    Public Records
  • Nov 17, 2006 Sold
    $460,000
  • 1021 E Pierce St
    $1.26M
  • Garfield
    $480K -1% y/y
  • 85006
    $499K -3% y/y
  • Phoenix
    $465K -2% 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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