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Sold on 06/24/2023

1628 W Osborn Rd, Phoenix, AZ 85015

$625,000

Last sold 06/24/2023 after 45 Days

  • 6

    bed

  • 3

    bath

Multi-family not for sale
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About 1628 W Osborn Rd

Property type Multi-family
Neighborhood
Year built 1951
HOA fee $0/month
Property description
Great Opportunity to Own an Investment property in Midtown Phoenix Arizona. The Property Boarders a high-end Residential neighborhood and is close to schools, Restaurants, entertainment, freeways and Phoenix golf. Originally a triplex with 1- 3 Bedroom 2 bath and two 2-Bedroom 1 baths units now features 3- 2 Bedroom 1 Bath Units and 1 efficiency unit. Coin Laundry, Private yards, Covered parking. AC Units are 10,10 and 2 years old with 10 year old Roof , Pride of ownership from owner/manager since 1975, All 2 bedroom units just signed 1 year leases, efficiency is month to month. Facts and Figures are estimates, buyer to verify to their own satisfaction.
Listed by
Listing Agent - Eric P Hegarty
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#6554798 • last updated 3 months ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Heat Pump
Heating Electric
MLS # 6554798
Type Multiple Dwellings
Status Closed
Property Tax 1388
Year Built 1951
Interior
Flooring Other, Ceramic Tile
Appliances Free-Standing Range, Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Brick Veneer, Block
Parking On Street, Carport
# of Covered Spaces 3
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision WESTWOOD TERRACE
Community Features See Remarks
Elementary School District Osborn Elementary District
High School District Phoenix Union High School District
APN 110-15-086
Zoning R-4
Directions From Central And Osborn, West To 16th Dr. Property Is On North West Corner.
Multifamily Details
Total # of Units 4
Expense: Operating 8172
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 500
Expense: Insurance 1200
Net Operating Income 34788
Gross Income 42960
Expense: Fuel 300
Expense: Trash 1260
Expense: Water/Sewer 2924
Gross Scheduled Income 42600
Expense: Gardener 600
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Jun 2023
    mls logo MLS # 6554798
  • Jun 24, 2023 Sold
    $625,000
  • Jun 5, 2023 Pending
    —
  • May 10, 2023 Listed
    $695,000 (+247.5%)
  • Jun 2023
    Public Records
  • Jun 23, 2023 Sold
    $625,000 (-10.1%)
  • Jan 2005
    Public Records
  • Jan 12, 2005 Sold
    $200,000
  • Year Property taxes Tax assessment
  • 2024
    $1,527 +3.5%
    $61,580 -6.46%
  • 2023
    $1,475 +6.3%
    $65,830 +32.51%
  • 2022
    $1,388 -2.2%
    $49,680 +45.14%
  • 2021
    $1,418 +2.7%
    $34,230 +13.53%
  • 2020
    $1,381 +4.7%
    $30,150 +19.6%
  • 2019
    $1,320 +3.6%
    $25,210 +16.93%
  • 2018
    $1,274 +9.3%
    $21,560 +16.54%
  • 2017
    $1,166 +3.8%
    $18,500 +21.55%
  • 2016
    $1,124 +7.5%
    $15,220
  • 2015
    $1,045
    —
  • 1628 W Osborn Rd
    $625K
  • Encanto
    $539K
  • 85015
    $375K -3% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Encanto School
public Grades PK, K-8
Osborn Elementary District
4/10
Clarendon School
public Grades PK, K-8
Osborn Elementary District
4/10
Osborn Middle School
public Grades 7-8
Osborn Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
Central High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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