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Sold on 10/30/2018
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1846 E Washington St, Phoenix, AZ 85034

  • $500,000

    Last sold 10/30/2018 after 55 Days

  • 6

    bed

  • 5

    bath

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

About 1846 E Washington St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Property description
The Collins is a 12-unit building in the opportunity zone of Downtown Phoenix. 3 Units are currently are not livable, but with 7k/unit you will be able to get these up and running creating about a 12% cap rate on actuals.
Listed by
Listing Agent - Bradley Kent Pickering
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#5816033 • last updated 2 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Other, See Remarks
Heating Other, See Remarks
MLS # 5816033
Type Multiple Dwellings
Status Closed
Property Tax 1035
Year Built 1940
Interior
Flooring Ceramic Tile
Appliances Other
Exterior
Roof Other
Construction Painted, Block
Parking Paved
# of Open Parking Spaces 8
Amenities / Utilities
Water Source Other, See Remarks
Sewer/Septic Other
Location
Subdivision COLLINS PHOENIX BLKS 23-26, 17, 27
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 115-03-074
Zoning C-3
Multifamily Details
Total # of Units 12
Expense: Operating 37200
Financial Data Source Projected Proforma
Expense: Maintenance 5350
Vacancy Allowance 0.05
Expense: Insurance 2160
Net Operating Income 60035
Gross Income 100638.25
Expense: Electric 19440
Expense: Professional Management 7200
Gross Scheduled Income 104835
Expense: Gardener 215
We are not permitted to show value estimates for this property.
  • Aug 2021
    mls logo MLS # 5816033
  • Aug 6, 2021 Sold
    $500,000 (-47.4%)
  • Nov 2020
    mls logo MLS # 6124419
  • Nov 30, 2020 Sold
    $950,000
  • Sep 24, 2020 Pending
    —
  • Aug 28, 2020 Listed
    $1,000,000 (+4.2%)
  • Nov 2020
    Public Records
  • Nov 17, 2020 Sold
    $950,000 (-5.0%)
  • Mar 2020
    mls logo MLS # 5987818
  • Mar 9, 2020 Sold
    $960,000 (-8.6%)
  • Oct 4, 2019 Listed
    $1,050,000 (+110.0%)
  • Nov 2018
    Public Records
  • Nov 9, 2018 Sold
    $500,000 (+170.3%)
  • Apr 2015
    Public Records
  • Apr 24, 2015 Sold
    $185,000
  • 1846 E Washington St
    $500K
  • Collins Phoenix Blks 23-26, 17, 27
    $445K
  • 85034
    $395K -7% y/y
  • Phoenix
    $465K -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.

Around Collins Phoenix Blks 23-26, 17, 27

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