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Sold on 12/22/2016
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1406 E Jefferson St, Phoenix, AZ 85034

  • $500,000

    Last sold 12/22/2016 after 69 Days

  • 6

    bed

  • 6

    bath

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

About 1406 E Jefferson St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property description
MetroParc is a single story, two-building, 12 unit apt complex located on the light rail corridor in Central Phoenix. Built in 1960 the building is composed of solid block construction with pitched roofs. The newly renovated units offer great potential for rent increases to be implemented. 1402 and 1406 E. Jefferson are the 2 bldgs. Seven units at 1402 and five at 1406. Excellent access to the 202, 51 and I10. 75% occupied. Listed price is for both buildings.
Listed by
Listing Agent - Claudia Jara
Listing Office - Keller Williams Realty East Valley
Source: ARMLS mls logo
MLS#5512258 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Natural Gas
MLS # 5512258
Type Multiple Dwellings
Status Closed
Property Tax 2754
Year Built 1960
Interior
Flooring Ceramic Tile, Vinyl, Concrete
Appliances Free-Standing Range
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Collins Phoenix Blks 23-26, 17, 27
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 116-48-014-A
Zoning MH R5 Each
Directions East On Jeffferson Street, The Property Is On The NEC Of 14th And Jefferson.
Multifamily Details
Total # of Units 12
Expense: Operating 20858
Financial Data Source Unknown
Expense: Maintenance 3614
Vacancy Allowance 0.25
Expense: Insurance 2290
Net Operating Income 32213
Gross Income 61236
Expense: Other 9200
Gross Scheduled Income 81648
We are not permitted to show value estimates for this property.
  • Dec 2016
    mls logo MLS # 5512258
  • Dec 22, 2016 Sold
    $500,000 (-4.8%)
  • Oct 14, 2016 Listed
    $525,000
  • 1406 E Jefferson St
    $500K
  • Eastlake Park
    $374K -39% y/y
  • 85034
    $374K -11% y/y
  • Phoenix
    $474K -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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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85034
  • Eastlake Park
  • 1406 E Jefferson St
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