Movoto Real Estate
Sold on 04/13/2019

2245 E Palm Ln, Phoenix, AZ 85006

  • $504,000

    Last sold 04/13/2019 for $200K

  • 4

    bed

  • 2

    bath

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

About 2245 E Palm Ln

Property type Multi-family
Neighborhood
Year built 1949
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Investors Dream Renovation, excellent location, corner lot duplex. 2 units w/2 bed 1 bath single level. Tenant occupied with month to month leases in place. Selling AS IS condition. Needs TLC
Listed by
Listing Agent - Carole Marie Escalante
Listing Office - AH Properties
Source: ARMLS mls logo
MLS#5873369 • last updated 5 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Electric
Heating Heat Pump
MLS # 5873369
Type Multiple Dwellings
Status Closed
Property Tax 1031
Year Built 1949
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision ST AGNES PARK
Community Features No Pool
Elementary School Creighton Elementary School
Elementary School District Creighton Elementary District
Middle School Creighton Elementary School
High School District Phoenix Union High School District
High School Phoenix Union Cyber High School
APN 117-10-070
Zoning MULTI
Directions North On 24th Street From McDowell To Palm Lane, West To Property
Multifamily Details
Total # of Units 2
Expense: Operating 2827
Financial Data Source Owner
Expense: Insurance 500
Net Operating Income 11489
Gross Income 16800
Expense: Water/Sewer 1296
Gross Scheduled Income 16800
$504K
Range: $322K-$685K
Last 30 days 
Rental est.: $1,418/month
Gross rent multiplier: 11.8
  • Apr 2019
    Public Records
  • Apr 12, 2019 Sold
    $200,000
  • Apr 2019
    mls logo MLS # 5873369
  • Apr 12, 2019 Sold
    $200,000 (-5.2%)
  • Jun 2012
    mls logo MLS # 2165381
  • Jun 1, 2012 Sold
  • Jul 2006
    Public Records
  • Jul 3, 2006 Sold
    $211,000 (+75.8%)
  • Oct 2004
    Public Records
  • Oct 15, 2004 Sold
    $120,000
  • 2245 E Palm Ln
    $200K
  • Encanto
    $539K
  • 85006
    $495K 0% y/y
  • Phoenix
    $469K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
2/10
8/10
Source: GreatSchools.org © 2026. All rights reserved.

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