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Sold on 09/28/2019

1042 E Townley Ave, Phoenix, AZ 85020

$380,000

Last sold 09/28/2019 after 45 Days

  • 6

    bed

  • 5

    bath

Multi-family not for sale
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About 1042 E Townley Ave

Property type Multi-family
Neighborhood
Year built 1961
HOA fee $0/month
Property description
Incredible investment! Well maintained 5 units with 4 one bedroom units in one building and 1 separate two bedroom unit. Features include assigned carports, security screens, refrigerators, ranges, central ACs, exterior paint 2019, roof 2015. Also available for sale on the same street are 7 individual units.
Listed by
Listing Agent - Troy R Koehler
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#5965197 • last updated 5 years ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Heat Pump, Individual
Heating Heat Pump, Electric
MLS # 5965197
Type Multiple Dwellings
Status Closed
Property Tax 1460
Year Built 1961
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Stucco, Block
Parking Paved, Free, Assigned, 1 Space/Unit, Carport
# of Covered Spaces 5
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision Unknown
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 160-02-052-B
Zoning R4
Directions From 7th St., E. On Dunlap, S. On 11th St., W. On Townley To Property On The Corner
Multifamily Details
Total # of Units 5
Expense: Operating 6680
Financial Data Source Owner
Expense: Insurance 2722
Net Operating Income 22620
Gross Income 27840
Expense: Water/Sewer 2498
Gross Scheduled Income 27840
We are not permitted to show value estimates for this property.
  • Sep 2019
    Public Records
  • Sep 27, 2019 Sold
    $380,000
  • Sep 2019
    mls logo MLS # 5965197
  • Sep 27, 2019 Sold
    $380,000
  • Year Property taxes Tax assessment
  • 2024
    $1,628 +1.9%
    $64,930 -13.95%
  • 2023
    $1,598 +3.4%
    $75,460 +30.55%
  • 2022
    $1,546 -1.3%
    $57,800 +47.15%
  • 2021
    $1,566 +2.6%
    $39,280 +7.29%
  • 2020
    $1,527
    $36,610
  • 1042 E Townley Ave
    $380K
  • North Mountain
    $389K -4% y/y
  • 85020
    $439K -10% y/y
  • Phoenix
    $459K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Desert View Elementary School
public Grades PK, K-6
Washington Elementary School District
4/10
Royal Palm Middle School
public Grades 5-8
Washington Elementary School District
7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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