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Sold on 03/14/2020

1838 E Oak St, Phoenix, AZ 85006

  • $575,000

    Last sold 03/14/2020 after 93 Days

  • 4

    bed

  • 4

    bath

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

About 1838 E Oak St

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Rental estimate
Property description
Great opportunity to own this fabulous 4-plex at a Cap rate of 6%. all 4 units are rented out at 1000! This could be a perfect Airbnb due to the location! There's 2 buildings with all 1 bedroom 1 bath units. Each unit comes complete with tile floors, neutral paint that gives a bright feel, ceiling fans, and a perfect size kitchen equipped with stainless steel appliances & cabinetry space. The bedroom offers walk-in closet. The spacious bath has track lighting in vanity. Property is close to Downtown, major Universities and airport has easy access to the AZ-51 Piestewa Freeway. Come see this special property in a fantastic neighborhood today! drive by only please do not disturb tenants
Listed by
Listing Agent - Manuel Arellano
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#6014070 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
MLS # 6014070
Type Multiple Dwellings
Status Closed
Property Tax 1220
Year Built 1955
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator, Microwave
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit
# of Open Parking Spaces 10
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision GREENFIELD ACRES TRACT 2
Community Features No Pool
Elementary School Whittier Elementary School
Elementary School District Creighton Elementary District
Middle School Summit Academy
High School District Phoenix Union High School District
High School North High School
APN 117-06-080-A
Zoning R-3
Directions Head North On N 16th St, Right On E Oak St. Property Will Be On The Left.
Multifamily Details
Total # of Units 4
Expense: Operating 13240
Financial Data Source Owner
Expense: Maintenance 1500
Expense: Insurance 2000
Net Operating Income 48000
Expense: Other 1220
Expense: Trash 1200
Expense: Professional Management 4000
Expense: Water/Sewer 1200
Expense: Gardener 900
We are not permitted to show value estimates for this property.
  • Mar 2020
    mls logo MLS # 6014070
  • Mar 13, 2020 Sold
    $575,000 (+379.2%)
  • May 2013
    mls logo MLS # 4908946
  • May 1, 2013 Sold
    $120,000 (-7.0%)
  • Mar 22, 2013 Listed
    $129,000
  • 1838 E Oak St
    $575K
  • Greenfield Acres
    $469K +27% y/y
  • 85006
    $499K -3% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
William T Machan Elementary School
public Grades PK, K-8
Creighton 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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