Movoto Real Estate
Sold on 12/01/2018
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1226 E Purdue Ave, Phoenix, AZ 85020

$496,800

Last sold 12/01/2018 for $232K

  • 5

    bed

  • 3

    bath

Multi-family not for sale

About 1226 E Purdue Ave

Property type Multi-family
Neighborhood
Year built 1956
HOA fee $0/month
Movoto estimate
Property description
Amazing investment property available in a great location close to schools, entertainment, and shopping. Each unit has had long term tenants for over 5 years. Both tenants are currently on a month to month with a desire to renew the lease. New AC unit on unit A in 2018, new electrical panels for both units in 2017, new roof in 2017, new main water line in 2016, and new sprinkler irrigation in front in 2018. Unit A is a 2 bed/1 bath with 1 covered space and Unit B is a 3 bed/ 1 bath with 1 covered space. Each unit has nice grass area in front and a private patio in the back. Both units are complete with tile flooring throughout, no carpet! Upgraded kitchen in Unit A with new fridge in 2017 as well as upgrades completed in both bathrooms of each unit. Amazing opportunity!!!
Listed by
Listing Agent - Andre Ludolph
Listing Office - Century 21 Northwest
Source: ARMLS mls logo
MLS#5835836 • last updated 1 year ago
Movoto checked ARMLS for data 12 minutes ago
Overview
Cooling/AC Central Air
Heating Natural Gas
MLS # 5835836
Type Multiple Dwellings
Status Closed
Property Tax 707
Year Built 1956
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, Carport
# of Open Parking Spaces 2
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision TAYLOR TERRACE TRACT
Community Features No Pool
Elementary School Desert View Elementary School
Elementary School District Washington Elementary District
Middle School Palo Verde Middle School
High School District Glendale Union High School District
High School Sunnyslope High School
APN 159-31-021-B
Zoning Multi Family
Directions Head East On Mountain View Rd. To 12th St. Turn Right Or Head South On 12th St To Purdue Ave. Turn Left Or Head East On Purdue Ave. Home Is On The Corner.
Multifamily Details
Total # of Units 2
Expense: Operating 3897
Financial Data Source Owner
Expense: Maintenance 1750
Net Operating Income 17400
Gross Income 17400
Expense: Water/Sewer 1440
Gross Scheduled Income 17400
$496K
Range: $451K-$542K
Last 30 days 
  • Jul 2021
    Public Records
  • Jul 13, 2021 Sold
    $375,000 (-1.3%)
  • Jul 2021
    mls logo MLS # 6246756
  • Jul 13, 2021 Sold
    $380,000 (+8.6%)
  • Jun 9, 2021 Listed
    $350,000 (+50.9%)
  • Nov 2018
    Public Records
  • Nov 30, 2018 Sold
    $232,000
  • Nov 2018
    mls logo MLS # 5835836
  • Nov 30, 2018 Sold
    $232,000 (+224.5%)
  • Jan 2006
    Public Records
  • Jan 4, 2006 Sold
    $71,500
  • Year Property taxes Tax assessment
  • 2024
    $887 +5.3%
    $33,420 +18.09%
  • 2022
    $842 +4.8%
    $28,300 +41.29%
  • 2021
    $803 +2.6%
    $20,030 +16.66%
  • 2020
    $783 +1.9%
    $17,170 +14.7%
  • 2019
    $768 +2.8%
    $14,970 +15.78%
  • 2018
    $748 +0.4%
    $12,930 +31.0%
  • 2017
    $744 +1.8%
    $9,870 +14.77%
  • 2016
    $731 +7.9%
    $8,600
  • 2015
    $678
    —
  • 1226 E Purdue Ave
    $232K
  • 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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7/10
Source: GreatSchools.org © 2026. All rights reserved.

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