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Sold on 03/01/2017

1101 E Butler Dr, Phoenix, AZ 85020

$342,000

Last sold 03/01/2017 after 342 Days

  • 2

    bed

  • 2

    bath

Multi-family not for sale
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About 1101 E Butler Dr

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Rental estimate
Property description
ONE OF THE A KIND!!!! Excellent investment opportunity. Centrally located with access to hiking, biking trails. Situated against the mountain.Two upper level 2 bedrooms 1 bath with large balconies to enjoy expansive views of the mountains. Private patios and private gate access to one of the fully remodeled 2 bed units with wood floor, granite counter top in the kitchen. Two studios on a lower level with newer appliances. Gated access to all units.Great cash flow. All units rented with long term tenants. Easy maintenance great and easy rental area..
Listed by
Listing Agent - Margo Rudick
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#5417820 • last updated 1 year ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Window/Wall Unit, Electric
Heating Window/Wall Unit(s), Electric
MLS # 5417820
Type Multiple Dwellings
Status Closed
Property Tax 1564
Year Built 1972
Interior
Flooring Carpet, Ceramic Tile, Wood
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco, Block
Parking On Street, Carport
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Beverly Hills 1
Community Features No Pool
Elementary School Washington Elementary School
Elementary School District Washington Elementary District
Middle School Royal Palm Middle School
High School District Glendale Union High School District
High School Sunnyslope High School
APN 160-06-162
Zoning R3
Directions From Northern Head North On 7th St To Butler Turn Right East
Multifamily Details
Total # of Units 4
Expense: Operating 9453
Financial Data Source Owner
Expense: Maintenance 1000
Expense: Insurance 888
Net Operating Income 25523
Gross Income 34800
Expense: Electric 2746
Expense: Fuel 375
Expense: Water/Sewer 2040
Gross Scheduled Income 34800
Expense: Gardener 840
We are not permitted to show value estimates for this property.
  • May 2024
    mls logo MLS # 6684855
  • May 3, 2024 Sold
    $725,000
  • Apr 7, 2024 Active
    —
  • Mar 30, 2024 Listed
    $725,000 (-28.6%)
  • May 2024
    Public Records
  • May 2, 2024 Sold
    $725,000
  • Aug 2020
    mls logo MLS # 6038455
  • Aug 27, 2020 Sold
    $1,015,000 (+196.8%)
  • Jun 2017
    Public Records
  • Jun 28, 2017 Sold
    $342,000
  • Mar 2017
    mls logo MLS # 5417820
  • Mar 1, 2017 Sold
    $342,000
  • Mar 24, 2016 Listed
    $385,000 (+8.5%)
  • Jun 2016
    Public Records
  • Jun 16, 2016 Sold
    $342,000 (-11.2%)
  • Apr 2008
    Public Records
  • Apr 1, 2008 Sold
    $355,000 (+15.6%)
  • Apr 2007
    Public Records
  • Apr 5, 2007 Sold
    $307,000 (+5.5%)
  • Jul 2004
    Public Records
  • Jul 13, 2004 Sold
    $291,000
  • Year Property taxes Tax assessment
  • 2024
    $1,928 +1.9%
    $61,860 -18.69%
  • 2023
    $1,893 +3.4%
    $76,080 +25.3%
  • 2022
    $1,831 -1.3%
    $60,720 +40.49%
  • 2021
    $1,855 +2.6%
    $43,220 +6.56%
  • 2020
    $1,809 +1.9%
    $40,560 +28.23%
  • 2019
    $1,776 +2.7%
    $31,630 +19.58%
  • 2018
    $1,729 +0.5%
    $26,450 +15.5%
  • 2017
    $1,720 +1.9%
    $22,900 +18.47%
  • 2016
    $1,689 +8.0%
    $19,330
  • 2015
    $1,564
    —
  • 1101 E Butler Dr
    $342K
  • North Mountain
    $385K -3% y/y
  • 85020
    $433K -5% y/y
  • Phoenix
    $454K -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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