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Sold on 10/01/2016

1809 N 50th St, Phoenix, AZ 85008

$1,100,000

Last sold 10/01/2016 after 82 Days

  • 30

    bed

  • 15

    bath

Multi-family not for sale
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About 1809 N 50th St

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Property description
Excellent location, just minutes from Downtown Phoenix, Downtown Scottsdale, Highway 51, 202, and Sky Harbor Airport. There is also major new development going on in the area. The property has excellent occupancy stability, and has a great tenant base. There are not many properties in the Phoenix market that have this kind of a location and upside potential. Most of the units have been recently rehabbed with many upgrades. This one will not be on the market.
Listed by
Listing Agent - Terry J Kass
Listing Office - GPCI AZ
Source: ARMLS mls logo
MLS#5469259 • last updated 7 years ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5469259
Type Multiple Dwellings
Status Closed
Property Tax 4550
Year Built 1962
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Paved
# of Open Parking Spaces 20
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision ORANGEDALE ESTATES
Community Features No Pool
Elementary School District Balsz Elementary District
High School District Phoenix Union High School District
APN 126-20-008-e
Zoning MM
Directions North On 51st St. Property On The Left Side.
Multifamily Details
Total # of Units 15
Expense: Operating 39499
Financial Data Source Owner
Expense: Maintenance 6000
Vacancy Allowance 0.08
Expense: Insurance 6000
Net Operating Income 67982
Gross Income 107400.8
Expense: Electric 500
Expense: Other 4000
Expense: Professional Management 6449
Expense: Water/Sewer 12000
Gross Scheduled Income 115740
We are not permitted to show value estimates for this property.
  • Dec 2016
    Public Records
  • Dec 1, 2016 Sold
    $1,057,000 (-3.9%)
  • Oct 2016
    mls logo MLS # 5469259
  • Oct 1, 2016 Sold
    $1,100,000 (-8.3%)
  • Jul 11, 2016 Listed
    $1,200,000 (+66.7%)
  • Oct 2014
    mls logo MLS # 5074172
  • Oct 11, 2014 Sold
    $720,000 (+7.3%)
  • Feb 17, 2014 Listed
    $699,900 (+105.9%)
  • Oct 2014
    Public Records
  • Oct 10, 2014 Sold
    $671,000 (-4.1%)
  • Feb 2012
    Public Records
  • Feb 8, 2012 Sold
    $340,000 (-54.7%)
  • Apr 2005
    Public Records
  • Apr 20, 2005 Sold
    $750,000 (+18.1%)
  • Dec 2004
    Public Records
  • Dec 3, 2004 Sold
    $635,000
  • Year Property taxes Tax assessment
  • 2025
    $6,147 +6.3%
    $248,900 -6.19%
  • 2024
    $5,785 +4.7%
    $265,310 -4.21%
  • 2022
    $5,524 -1.6%
    $276,970 +48.76%
  • 2021
    $5,616 +1.9%
    $186,180 +27.0%
  • 2020
    $5,512
    $146,600
  • 1809 N 50th St
    $1.1M
  • Camelback East
    $762K
  • 85008
    $384K -9% y/y
  • Phoenix
    $454K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Griffith Elementary School
public Grades K-5
Balsz Elementary District
2/10
Camelback 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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