Movoto Real Estate
Sold on 10/16/2019

1102 E Palm Ln, Phoenix, AZ 85006

  • $510,000

    Last sold 10/16/2019 after 25 Days

  • 4

    bed

  • 3

    bath

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

About 1102 E Palm Ln

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Rental estimate
Property description
Fantastic income property in the Coronado historic district. This charming 1925, red brick bungalow triplex includes a single family home (825 SF) on Palm Lane and a duplex (approx 550 SF per unit) on 11th Street on a 10,000 + sq ft lot. The single family home was remodeled in 2012 and features 2 bedrooms, 1 bath, hardwood floors, a gas fireplace, large eat in kitchen, interior interior laundry, off street parking for three cars, and a large private backyard. The remodeled duplex units are each 1 bedroom, 1 bath with hardwood floors, fireplaces, remodeled kitchens, interior laundry, off street parking for one car, and private side yard/patio. All three units have existing tenants providing total monthly income of $2,900. See feature sheet under the documents tab for existing lease terms.
Listed by
Listing Agent - Chad D Christian Jr
Listing Office - Russ Lyon Sotheby's International Realty
Source: ARMLS mls logo
MLS#5981750 • last updated 6 years ago
Movoto checked ARMLS for data 11 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual
Heating Central, Heat Pump, 2 Or More Units, Natural Gas
MLS # 5981750
Type Multiple Dwellings
Virtual Tour N/A
Status Closed
Property Tax 2201
Year Built 1925
Interior
Flooring Ceramic Tile, Vinyl, Wood
Appliances Built-In Range, Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
Exterior
Roof Composition
Construction Brick
Parking Free, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, Carport
# of Open Parking Spaces 4
# of Covered Spaces 1
Amenities / Utilities
Water Source Individual Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision East Princeton Heights
Community Features No Pool
Elementary School Emerson Elementary School
Elementary School District Phoenix Elementary District
Middle School Phoenix Prep Academy
High School District Phoenix Union High School District
High School North High School
APN 117-26-170
Zoning R1-6
Directions From Thomas And 12th Street, Head South To Palm Lane, Turn Right (West) On Palm Lane To Property On The Right.
Multifamily Details
Total # of Units 3
Expense: Operating 5301
Financial Data Source Owner
Expense: Insurance 700
Net Operating Income 29499
Gross Income 34800
Expense: Water/Sewer 1500
Gross Scheduled Income 34800
Expense: Gardener 900
We are not permitted to show value estimates for this property.
  • Oct 2019
    mls logo MLS # 5981750
  • Oct 16, 2019 Sold
    $510,000
  • Sep 21, 2019 Listed
    $498,000 (+155.4%)
  • Oct 2019
    Public Records
  • Oct 16, 2019 Sold
    $510,000 (+2.4%)
  • Apr 2012
    mls logo MLS # 1966978
  • Apr 27, 2012 Sold
  • Jun 2003
    Public Records
  • Jun 11, 2003 Sold
    $195,000
  • 1102 E Palm Ln
    $510K
  • Coronado
    $642K +13% 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
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Source: GreatSchools.org © 2026. All rights reserved.

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