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Sold on 12/05/2017

111 E Townley Ave, Phoenix, AZ 85020

  • $239,900

    Last sold 12/05/2017 after 83 Days

  • 4

    bed

  • 4

    bath

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

About 111 E Townley Ave

Property type Multi-family
Neighborhood
Year built 1952
HOA fee $0/month
Rental estimate
Property description
True turnkey investment! Owner spent tons of money making this fourplex sparkle. Two of four units were recently renovated. New roof installed in 2014. All AC units are in good working order. One new AC unit installed in 2017. Three of the four units have had the same tenant for 3+ years. This is a perfect income property. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. DRIVE BY ONLY.
Listed by
Listing Agent - Christopher Anthony Tran
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#5659560 • last updated 10 months ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Heat Pump
Heating Electric, Natural Gas
MLS # 5659560
Type Multiple Dwellings
Status Closed
Property Tax 896
Year Built 1952
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Free-Standing Range, Refrigerator, W/D Hookup
Exterior
Roof Composition, Foam
Construction Wood Frame, Stucco
Parking Paved, Add'l Parking Avail, 1 Space/Unit, On Street, Carport
# of Open Parking Spaces 5
# of Covered Spaces 1
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision SUNNYSLOPE
Community Features No Pool
Elementary School Desert View 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 160-50-117-A
Zoning R-5
Directions West On Dunlap Ave From 7th St, South On 3rd St, West On Townley Ave, Intersection Of N 2nd St And E Townley Ave
Multifamily Details
Total # of Units 4
Expense: Operating 7196
Financial Data Source Owner
Expense: Maintenance 500
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 16481.8
Gross Income 23677.8
Expense: Professional Management 2000
Expense: Water/Sewer 2400
Gross Scheduled Income 24924
Expense: Gardener 200
We are not permitted to show value estimates for this property.
  • Jan 2021
    mls logo MLS # 6171925
  • Jan 19, 2021 Sold
    $580,000 (+0.9%)
  • Dec 16, 2020 Listed
    $575,000 (+68.1%)
  • Oct 2019
    mls logo MLS # 5926035
  • Oct 5, 2019 Sold
    $342,000 (-3.7%)
  • May 15, 2019 Listed
    $355,000 (+48.0%)
  • Dec 2017
    mls logo MLS # 5659560
  • Dec 5, 2017 Sold
    $239,900
  • Sep 13, 2017 Listed
    $239,900
  • 111 E Townley Ave
    $239K
  • North Mountain
    $396K -4% y/y
  • 85020
    $400K -11% y/y
  • Phoenix
    $474K -1% 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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