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Sold on 06/20/2019

1530 E Pierce St, Phoenix, AZ 85006

  • $292,000

    Last sold 06/20/2019 after 41 Days

  • 8

    bed

  • 4

    bath

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

About 1530 E Pierce St

Property type Multi-family
Neighborhood
Year built 1936
HOA fee $0/month
Property description
Excellent cash flowing investment in Garfield Historic neighborhood. Four 2 bedroom 1 bath units, 100% occupied producing $2550/ month plus rental tax. Units 1 & 3 paying $750/ month, unit 2 paying $550 and unit 4 paying $500. Needs work but with improvements there is significant room for increased rents in the area. Owner pays water, sewer and trash, tenants responsible for gas and electric. Remodeled 1 bedroom units in the neighborhood are renting for $1000 plus monthly, great cash flow property. Private hard money available call listing agent for details.
Listed by
Listing Agent - Chad W Vice
Listing Office - Venture REI, LLC
Source: ARMLS mls logo
MLS#5923895 • last updated 3 months ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric
Heating Individual, Electric
MLS # 5923895
Type Multiple Dwellings
Status Closed
Property Tax 888
Year Built 1936
Interior
Flooring Ceramic Tile, Vinyl
Appliances Built-In Range, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, 1 Space/Unit, On Street
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision WALLACE TRACT
Community Features No Pool
Elementary School Garfield School
Elementary School District Phoenix Elementary District
Middle School Phoenix Prep Academy
High School District Phoenix Union High School District
High School North High School
APN 116-19-183
Zoning R-4
Directions South From Roosevelt To Pierce, West On Pierce To Building On North Side Of Street
Multifamily Details
Total # of Units 4
Expense: Operating 5724
Financial Data Source Owner
Expense: Insurance 2136
Expense: Water/Sewer 2700
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Sep 2020
    mls logo MLS # 6076921
  • Sep 30, 2020 Sold
    $602,500 (-2.0%)
  • Sep 26, 2020 Listed
    —
  • Sep 26, 2020 Sold
    —
  • Sep 16, 2020 Listed
    —
  • Sep 11, 2020 Sold
    $615,000 (-5.4%)
  • Jul 30, 2020 Listed
    $650,000 (+122.6%)
  • Jun 2019
    mls logo MLS # 5923895
  • Jun 19, 2019 Sold
    $292,000
  • 1530 E Pierce St
    $292K
  • Garfield
    $475K -2% y/y
  • 85006
    $499K -3% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Thomas A Edison 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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  • AZ
  • Maricopa County
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  • 1530 E Pierce St
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