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Sold on 09/12/2014

1614 W Purdue Ave, Phoenix, AZ 85021

$569,000

Last sold 09/12/2014 for $227K

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 1614 W Purdue Ave

Property type Multi-family
Neighborhood
Year built 2005
HOA fee $0/month
Movoto estimate
Property description
Great Investor Opportunity! 2005 built 4-Plex in Central Phoenix. 4 Units - 2 Bedroom 1 Bath - each 720 SF. Bottom Floor Units are Handicap accessible. Superior built product, and a Very Low Maintenance property! Fully Occupied and ready to Cashflow! Maintenance expenses under 20% of Gross! All numbers are ACTUALS! This property performs at 9.85% at list!
Listed by
Listing Agent - Mark Shipley
Listing Office - Arizona Homestar Realty
Source: ARMLS mls logo
MLS#5098648 • last updated 1 year ago
Movoto checked ARMLS for data 11 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Heat Pump
Heating Heat Pump, Electric
MLS # 5098648
Type Multiple Dwellings
Status Closed
Property Tax 876
Year Built 2005
Interior
Flooring Other, Carpet, Ceramic Tile
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking <1 Space Per Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Mountain View Acres
Community Features No Pool
Elementary School Mountain View
Elementary School District Washington Elementary District
Middle School Royal Palm Middle School
High School District Glendale Union High School District
APN 158-23-068-A
Zoning R3
Directions West To 16th Ave, South To Purdue, West To Property On North Side Of Street.
Multifamily Details
Total # of Units 4
Expense: Operating 5286
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 550
Expense: Insurance 800
Net Operating Income 23548
Gross Income 2520
Expense: Electric 420
Expense: Trash 1260
Expense: Water/Sewer 780
Gross Scheduled Income 2520
Expense: Gardener 600
$569K
Range: $443K-$694K
Last 30 days 
  • Sep 2014
    Public Records
  • Sep 12, 2014 Sold
    $227,000
  • Sep 2014
    mls logo MLS # 5098648
  • Sep 12, 2014 Sold
    $227,000 (+53.9%)
  • Dec 2012
    Public Records
  • Dec 27, 2012 Sold
    $147,500 (+8.5%)
  • Jun 2009
    Public Records
  • Jun 17, 2009 Sold
    $136,000
  • Year Property taxes Tax assessment
  • 2024
    $1,265 +1.8%
    $59,720 -3.46%
  • 2023
    $1,243 +3.4%
    $61,860 +31.14%
  • 2022
    $1,202 -1.3%
    $47,170 +43.29%
  • 2021
    $1,218 +2.6%
    $32,920 +22.47%
  • 2020
    $1,187 +1.9%
    $26,880 +11.49%
  • 2019
    $1,166 +2.7%
    $24,110 +22.39%
  • 2018
    $1,135 +0.5%
    $19,700 +19.98%
  • 2017
    $1,129 +1.9%
    $16,420 +12.24%
  • 2016
    $1,109 +8.0%
    $14,630
  • 2015
    $1,027
    —
  • 1614 W Purdue Ave
    $227K
  • North Mountain
    $390K -4% y/y
  • 85021
    $469K -23% y/y
  • Phoenix
    $464K 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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