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Sold on 01/06/2016

2201 W Belmont Ave, Phoenix, AZ 85021

$300,000

Last sold 01/06/2016 after 177 Days

  • 12

    bed

  • 6

    bath

Multi-family not for sale
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About 2201 W Belmont Ave

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Property description
Fully leased 6 unit in a great rental area. Pride of ownership is evident. Building is slump block with a new roof less than 2 years old. Some newer a/c units. All two bedroom units with plenty of parking. Owner has put about $100,000 over the 8+ years of ownership. Property sits on almost a half of an acre. Great location. Close to shopping and public transportation. Less than a half of a mile from the new light rail expansion and to the I17.
Listed by
Listing Agent - Brian E Gaffney
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#5306694 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Electric
MLS # 5306694
Type Multiple Dwellings
Status Closed
Property Tax 1927
Year Built 1973
Interior
Flooring Carpet, Ceramic Tile, Vinyl, Wood
Appliances Built-In Range, Refrigerator
Exterior
Roof Composition
Construction Block
Parking >1 Space Per Unit, Carport
# of Open Parking Spaces 16
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision VISTA INCOME ESTATES 2
Community Features No Pool
Elementary School District Washington Elementary District
Middle School Palo Verde School
High School District Glendale Union High School District
APN 157-22-007
Zoning R-3
Directions West To 21st Ave, North To Belmont, West To Property.
Multifamily Details
Total # of Units 6
Expense: Operating 13627
Financial Data Source Projected Proforma
Expense: Maintenance 3600
Vacancy Allowance 0.1
Expense: Insurance 1500
Net Operating Income 26873
Gross Income 40500
Expense: Other 1200
Expense: Trash 1800
Expense: Water/Sewer 2400
Gross Scheduled Income 45000
Expense: Gardener 1200
We are not permitted to show value estimates for this property.
  • Jan 2016
    mls logo MLS # 5306694
  • Jan 6, 2016 Sold
    $300,000 (-10.4%)
  • Jul 13, 2015 Listed
    $334,900 (-14.1%)
  • Feb 2007
    Public Records
  • Feb 21, 2007 Sold
    $390,000
  • Year Property taxes Tax assessment
  • 2024
    $2,171 +5.3%
    $79,760 +28.79%
  • 2022
    $2,062 -1.3%
    $61,930 +48.34%
  • 2021
    $2,088 +2.6%
    $41,750 +8.87%
  • 2020
    $2,036 +1.9%
    $38,350 +5.65%
  • 2019
    $1,999 +2.7%
    $36,300 +24.87%
  • 2018
    $1,947 +0.5%
    $29,070 +20.47%
  • 2017
    $1,937 +1.9%
    $24,130 +3.03%
  • 2016
    $1,902 +8.0%
    $23,420
  • 2015
    $1,761
    —
  • 2201 W Belmont Ave
    $300K
  • Vista Income Estates
    $370K -7% y/y
  • 85021
    $469K -23% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Orangewood Elementary School
public Grades PK, K-8
Washington Elementary School District
7/10
Washington High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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