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Sold on 02/27/2015

1150 E Pierce St, Phoenix, AZ 85006

$174,500

Last sold 02/27/2015 after 71 Days

  • 3

    bed

  • 4

    bath

Multi-family not for sale
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About 1150 E Pierce St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Rental estimate
Property description
Drive by Only, no sign on property. Do not disturb Tenants. DOWNTOWN CASH COW! Never vacant, recently updated Duplex in vibrant and growing part of downtown. 8 CAP with all major rehab complete. Don't let this one pass by. You must see this beautiful historic duplex right in the heart of Phoenix. Walk into huge 12 foot ceilings, large kitchen, & beautiful hardwood flooring. This property is in the middle of everything. Short walk to Roosevelt Row, Downtown, Lightrail, Convention Center, Shopping, D-Backs, Suns, & ASU! Long term lease in main unit and long term tenant in small unit. Separate electrical meters, private parking, private yards, security fencing, updated flooring, appliances, kitchen, roof, elec, & plumbing. Agent is Principal. Inspection w Approved Contract
Listed by
Listing Agent - Michael Fitzpatrick
Listing Office - Jeffrey Brown Realty, LLC
Source: ARMLS mls logo
MLS#5212370 • last updated 9 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Evaporative Cooling, Electric, Heat Pump, 2 Or More Units
Heating Individual, Central, Heat Pump, 2 Or More Units, Electric
MLS # 5212370
Type Multiple Dwellings
Status Closed
Property Tax 759
Year Built 1900
Interior
Flooring Wood
Appliances Disposal, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Stucco, Brick
Parking Add'l Parking Avail, >1 Space Per Unit, On Street
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Hoopers
Community Features No Pool
Elementary School Garfield School
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
High School North High School
APN 116-27-087
Zoning R-3
Directions Exit 7th St. From 1-10 And Head South To Pierce St. Turn East, Proceed 3 Blocks, Property On North Side Of Pierce.
Multifamily Details
Total # of Units 2
Financial Data Source Owner, Projected Proforma, Books Shwn Accpt Ofr
Expense: Maintenance 927
Vacancy Allowance 0.05
Expense: Insurance 640
Net Operating Income 14112
Gross Income 17613
Expense: Fuel 389
Expense: Water/Sewer 993
Gross Scheduled Income 18540
Expense: Gardener 720
We are not permitted to show value estimates for this property.
  • Mar 2015
    Public Records
  • Mar 2, 2015 Sold
    $174,500
  • Feb 2015
    mls logo MLS # 5212370
  • Feb 27, 2015 Sold
    $174,500
  • Dec 18, 2014 Listed
    $174,500 (+76.3%)
  • Aug 2012
    mls logo MLS # 4770048
  • Aug 1, 2012 Sold
    $99,000
  • May 21, 2012 Listed
    $99,000 (+98.0%)
  • Jul 2012
    Public Records
  • Jul 31, 2012 Sold
    $99,000 (-29.2%)
  • May 2012
    mls logo MLS # 2380527
  • May 31, 2012 Sold
    —
  • May 31, 2012 Price Change
    $139,900 (+41.3%)
  • May 2012
    mls logo MLS # 2931157
  • May 19, 2012 Cancelled
    —
  • May 2010
    Public Records
  • May 27, 2010 Sold
    $50,000 (-59.0%)
  • Sep 2005
    Public Records
  • Sep 29, 2005 Sold
    $122,000
  • Year Property taxes Tax assessment
  • 2024
    $938 +1.0%
    $41,510 -0.77%
  • 2023
    $929 +3.7%
    $41,830 +38.83%
  • 2022
    $896 +0.8%
    $30,130 +40.07%
  • 2021
    $890 -1.1%
    $21,510 +14.23%
  • 2020
    $900 +0.2%
    $18,830 +10.44%
  • 2019
    $898 +1.7%
    $17,050 +41.14%
  • 2018
    $883 +2.4%
    $12,080 +13.32%
  • 2017
    $862 +2.9%
    $10,660 +2.8%
  • 2016
    $838 +8.1%
    $10,370
  • 2015
    $775
    —
  • 1150 E Pierce St
    $174K
  • Garfield
    $469K -3% y/y
  • 85006
    $470K -4% y/y
  • Phoenix
    $454K -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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