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Sold on 08/12/2021

2430 W Morten Ave, Phoenix, AZ 85021

$405,000

Last sold 08/12/2021 after 51 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 2430 W Morten Ave

Property type Multi-family
Neighborhood
Year built 1949
HOA fee $0/month
Property description
2430 W Morten Avenue is a garden style property consisting of (2) standalone single family homes on (1) large parcel. Both homes are 2 bedrooms / 1 bathroom, including washer/dryer hookups. Being situated on a +/-17,000 SF lot, tenants are sure to enjoy the ample private space and mature landscaping. The property offers a straightforward value add opportunity, with one unit being renovated and the other ready for rehab. Both tenants are on month-to-month leases, with room to increase rents to market levels. This property allows quick access to the I-17 and is minutes from Downtown Phoenix.
Listed by
Listing Agent - Carson P Griesemer
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#6256309 • last updated 2 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Other, See Remarks, Individual
Heating Other, See Remarks, Individual, Heat Pump
MLS # 6256309
Type Multiple Dwellings
Status Closed
Property Tax 1081
Year Built 1949
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Other, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted
Parking Other, >1 Space Per Unit
# of Open Parking Spaces 6
Amenities / Utilities
Water Source Master Meter, Irrigation, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision VISTA INCOME ESTATES UNIT 3
Community Features Other, See Remarks, No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 157-27-025
Zoning R-3
Multifamily Details
Total # of Units 2
Expense: Operating 1081
Financial Data Source Other (See Remarks), Projected Proforma
Vacancy Allowance 0.06
Net Operating Income 23783
Gross Income 31132.8
Gross Scheduled Income 32280
We are not permitted to show value estimates for this property.
  • Aug 2021
    mls logo MLS # 6256309
  • Aug 11, 2021 Sold
    $405,000
  • Jun 25, 2021 Listed
    $390,000 (+14.7%)
  • Jun 22, 2021 Listed
    —
  • Aug 2021
    Public Records
  • Aug 11, 2021 Sold
    $405,000 (+3.8%)
  • Oct 2020
    mls logo MLS # 6132129
  • Oct 16, 2020 Sold
    $340,000
  • Oct 2, 2020 Pending
    —
  • Sep 14, 2020 Listed
    $275,000 (+57.1%)
  • Oct 2020
    Public Records
  • Oct 16, 2020 Sold
    $340,000 (+23.6%)
  • Sep 2018
    Public Records
  • Sep 28, 2018 Sold
    $175,000
  • Year Property taxes Tax assessment
  • 2024
    $1,152 +1.8%
    $28,030
  • 2023
    $1,131 +3.4%
    $28,030 +32.03%
  • 2022
    $1,094 -1.3%
    $21,230 +28.12%
  • 2021
    $1,108 +2.6%
    $16,570 +5.01%
  • 2020
    $1,081 +1.9%
    $15,780 +17.59%
  • 2019
    $1,061 +2.7%
    $13,420 +19.18%
  • 2018
    $1,033 +130.8%
    $11,260 +22.79%
  • 2017
    $448 +1.8%
    $9,170 +46.49%
  • 2016
    $439 +8.0%
    $6,260
  • 2015
    $407
    —
  • 2430 W Morten Ave
    $405K
  • 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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