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Sold on 01/03/2013
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1452 E Cinnabar Ave, Phoenix, AZ 85020

$3,203,000

Last sold 01/03/2013 for $834K

  • 31

    bed

  • 30

    bath

Multi-family not for sale
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About 1452 E Cinnabar Ave

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Movoto estimate
Property description
Fantastic income opportunity! 27 rental units, well cared for and maintained. 22 units currently have long-term leases. Please do not disturb tenants.
Listed by
Listing Agent - Ginna K Cummings
Listing Office - GKR Properties, LLC
Source: ARMLS mls logo
MLS#4765761 • last updated 1 year ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Evaporative Cooling, Window/Wall Unit, Electric, Heat Pump, Individual
Heating Individual, Central, Heat Pump, Window/Wall Unit(s), Electric, Natural Gas
MLS # 4765761
Type Multiple Dwellings
Status Closed
Property Tax 6269
Year Built 1980
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco, Block
Parking Paved, Free, Add'l Parking Avail, 1 Space/Unit, On Street
# of Open Parking Spaces 25
# of Covered Spaces 18
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Paradise Valley Unified District
High School District Paradise Valley Unified District
APN 159-29-015
Zoning R-3
Directions N ON CAVE CREEK, R ON CINNABAR, PROPERTY ON L
Multifamily Details
Total # of Units 27
Financial Data Source Owner
Expense: Maintenance 7200
Expense: Insurance 2790
Net Operating Income 65503
Expense: Professional Management 12000
$3.2M
Range: $1.95M-$4.45M
Last 30 days 
  • Mar 2015
    mls logo MLS # 5244931
  • Mar 17, 2015 Sold
    $1,200,000
  • Mar 4, 2015 Listed
    $1,200,000
  • Feb 2015
    mls logo MLS # 5220852
  • Feb 28, 2015 Sold
    $1,200,000
  • Jan 13, 2015 Listed
    $1,200,000 (+71.4%)
  • Aug 2013
    mls logo MLS # 4912093
  • Aug 1, 2013 Sold
    $700,000 (-17.6%)
  • Mar 29, 2013 Listed
    $850,000 (+1.9%)
  • Jan 2013
    mls logo MLS # 4765761
  • Jan 3, 2013 Sold
    $834,000
  • May 28, 2012 Listed
    $834,000
  • Year Property taxes Tax assessment
  • 2024
    $9,253 +1.9%
    $346,050 -14.65%
  • 2023
    $9,084 +3.4%
    $405,460 +36.34%
  • 2022
    $8,788 -1.3%
    $297,380 +32.4%
  • 2021
    $8,901 +2.6%
    $224,600 +45.69%
  • 2020
    $8,679
    $154,160
  • 1452 E Cinnabar Ave
    $834K
  • North Mountain
    $389K -3% y/y
  • 85020
    $398K -9% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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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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