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Sold on 10/28/2017

1734 E Jefferson St, Phoenix, AZ 85034

  • $199,000

    Last sold 10/28/2017 after 54 Days

  • 4

    bed

  • 4

    bath

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

About 1734 E Jefferson St

Property type Multi-family
Neighborhood
Year built 1931
HOA fee $0/month
Property description
4 unit East Downtown multi-family with C-3 commercial zoning that abuts the light rail line. Seller carry back an option with 25% down, 7% interest, 30 yr amortization over 2-3 year term. The investment opportunity includes an adobe style duplex in front that is 1066 SF (two 1 bedroom units) combined with two attached single family houses (each 1 bedroom & around 539 SF) in the rear of the lot. Lot size is 6963 SF. Value-add opportunity as the property needs work and has below market rents ($425/each unit). All leases month-to-month. No interior showings without an accepted offer. Buyer to complete and rely upon own due diligence. Expenses and square footage are estimated.
Listed by
Listing Agent - James C Stephens
Listing Office - RE/MAX Platinum Living
Source: ARMLS mls logo
MLS#5656579 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Evaporative Cooling, Other, See Remarks
Heating Natural Gas
MLS # 5656579
Type Multiple Dwellings
Status Closed
Property Tax 444
Year Built 1931
Interior
Flooring Other, Carpet, Ceramic Tile
Appliances Other
Exterior
Roof Rolled/Hot Mop
Construction Other, Painted, Adobe
Parking 1 Space/Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 115-05-021-A
Zoning C-3 C-G
Directions East On Jefferson From 16th Street. Exit Jefferson Off I-10. On Light Rail, Best To Approach Property Coming From The West.
Multifamily Details
Total # of Units 4
Expense: Operating 5944
Financial Data Source Owner, Other (See Remarks), Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 13965
Gross Income 19950
Expense: Other 5500
Gross Scheduled Income 20400
We are not permitted to show value estimates for this property.
  • Oct 2017
    Public Records
  • Oct 30, 2017 Sold
    $199,000
  • Oct 2017
    mls logo MLS # 5656579
  • Oct 27, 2017 Sold
    $199,000 (+403.8%)
  • May 2012
    mls logo MLS # 2413424
  • May 20, 2012 Cancelled
    —
  • May 2012
    mls logo MLS # 1609611
  • May 17, 2012 Expired
    —
  • May 2012
    mls logo MLS # 1537887
  • May 17, 2012 Expired
    —
  • Jun 2011
    mls logo MLS # 4559791
  • Jun 30, 2011 Sold
    $39,500
  • Mar 28, 2011 Listed
    $39,500 (-63.3%)
  • Oct 2004
    Public Records
  • Oct 6, 2004 Sold
    $107,500
  • 1734 E Jefferson St
    $199K
  • Central City
    $445K
  • 85034
    $395K -3% y/y
  • Phoenix
    $466K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Garfield 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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  • Real Estate
  • AZ
  • Maricopa County
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  • 85034
  • 1734 E Jefferson St
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