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Sold on 03/31/2018

1643 W Mountain View Rd, Phoenix, AZ 85021

  • $865,000

    Last sold 03/31/2018 for $270K

  • —

    bed

  • —

    bath

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

About 1643 W Mountain View Rd

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This is an offering of 6 studio units located within ''Mountain View Acres'' subvision. This 6-plex apartment building is located in the area of 19th Ave & Mountain View Rd. These units are individually metered for electric & gas and the tenants are responsible for payment of these services. This apartment building is located 1 block from Mountain View Elementary School. The offering price for this great investment property is $48,300/unit. Light rail is just south of this property for transportation convenience as well as Valley Metro Transit within walking distance. Property is at full occupancy.
Listed by
Listing Agent - Stephany J Bullington
Listing Office - Just Referrals Real Estate
Source: ARMLS mls logo
MLS#5661820 • last updated 6 years ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Central Air, Window/Wall Unit, Individual
Heating Individual, Electric, Natural Gas
MLS # 5661820
Type Multiple Dwellings
Status Closed
Property Tax 811
Year Built 1965
Interior
Flooring Carpet, Ceramic Tile
Appliances Built-In Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block, Brick
Parking >1 Space Per Unit
# of Open Parking Spaces 9
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Mountain View Acres
Community Features No Pool
Elementary School District Washington Elementary District
High School District Phoenix Union High School District
APN 158-23-062-A
Zoning R-4
Directions From Dunlap Go North To Mountain View Then East To 17th Ave. Property Is Located On SE Corner.
Multifamily Details
Total # of Units 6
Expense: Operating 6811
Financial Data Source Projected Proforma
Expense: Maintenance 1200
Vacancy Allowance 0.05
Expense: Insurance 1800
Net Operating Income 17310.8
Gross Income 32091
Expense: Water/Sewer 3000
Gross Scheduled Income 33780
$865K
Range: $648K-$1.08M
Last 30 days 
Rental est.: $687/month
Gross rent multiplier: 32.7
  • Apr 2018
    Public Records
  • Apr 4, 2018 Sold
    $270,000
  • Mar 2018
    mls logo MLS # 5661820
  • Mar 31, 2018 Sold
    $270,000 (-3.5%)
  • Sep 18, 2017 Listed
    $279,900 (+47.3%)
  • Jul 2017
    mls logo MLS # 5617461
  • Jul 26, 2017 Sold
    $190,000
  • Jun 9, 2017 Listed
    $315,000 (+118.8%)
  • Jul 2017
    Public Records
  • Jul 24, 2017 Sold
    $190,000 (-39.7%)
  • Nov 2014
    mls logo MLS # 5150816
  • Nov 15, 2014 Sold
    $144,000 (-24.2%)
  • Jul 29, 2014 Listed
    $190,000
  • 1643 W Mountain View Rd
    $270K
  • North Mountain
    $390K -6% y/y
  • 85021
    $495K -25% y/y
  • Phoenix
    $465K -2% 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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  • Real Estate
  • AZ
  • Maricopa County
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  • 85021
  • North Mountain
  • 1643 W Mountain View Rd
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