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Sold on 02/01/2022

2526 W Ocotillo Rd, Phoenix, AZ 85017

$520,000

Last sold 02/01/2022 after 53 Days

  • 6

    bed

  • 4

    bath

Multi-family not for sale
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About 2526 W Ocotillo Rd

Property type Multi-family
Neighborhood
Year built 2006
HOA fee $0/month
Property description
Two on Ocotillo is located near I17 and Grand Canyon University. Both units are 3 bedroom 2 bath units. Both have a large private yard in back Newer construction perfect for a first time investor or owner occupied. Seller just painted building and one unit B is vacant is rent ready. Unit A month to month at $790. Current owner does not have financials. Market rents are $1,300 to $1,500 per unit. Tenants pay for own water sewer and trash. Self managed to family and friends currently. Drive by only tenants are unaware of sale. All facts and figures are approximate buyer verify MLS information.
Listed by
Listing Agent - Sophia J Willets
Listing Office - Grace CRE
Source: ARMLS mls logo
MLS#6330981 • last updated 8 months ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric
Heating Heat Pump, Electric
MLS # 6330981
Type Multiple Dwellings
Status Closed
Property Tax 1384
Year Built 2006
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Other, Stucco
Parking >1 Space Per Unit
# of Open Parking Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision KRALL'S HOMESITES
Community Features Other, See Remarks
Elementary School Other
Elementary School District Washington Elementary District
Middle School Other
High School District Glendale Union High School District
High School Washington High School
APN 156-01-042-K
Zoning R
Multifamily Details
Total # of Units 2
Expense: Operating 4084
Financial Data Source Unknown, Projected Proforma
Expense: Maintenance 1000
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 26731
Gross Income 30780
Gross Scheduled Income 32400
Expense: Gardener 500
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Feb 2022
    Public Records
  • Feb 7, 2022 Sold
    $520,000
  • Feb 2022
    mls logo MLS # 6330981
  • Feb 1, 2022 Sold
    $520,000 (+5.1%)
  • Jan 19, 2022 Pending
    —
  • Dec 10, 2021 Listed
    $495,000 (+4.2%)
  • Feb 2021
    mls logo MLS # 6200065
  • Feb 26, 2021 Listed
    $475,000 (+81.6%)
  • Jan 2007
    Public Records
  • Jan 22, 2007 Sold
    $261,600 (+4.6%)
  • Mar 2006
    Public Records
  • Mar 2, 2006 Sold
    $250,000
  • Year Property taxes Tax assessment
  • 2024
    $1,438 +1.8%
    $43,650 -0.39%
  • 2023
    $1,412 +3.4%
    $43,820 +39.78%
  • 2022
    $1,366 -1.3%
    $31,350 +32.28%
  • 2021
    $1,384 +2.6%
    $23,700 +11.42%
  • 2020
    $1,349 +1.9%
    $21,270 +11.65%
  • 2019
    $1,324 +2.7%
    $19,050 +15.95%
  • 2018
    $1,290 +0.5%
    $16,430 +8.02%
  • 2017
    $1,283 +1.9%
    $15,210 +17.36%
  • 2016
    $1,260 +8.0%
    $12,960
  • 2015
    $1,167
    —
  • 2526 W Ocotillo Rd
    $520K
  • Alhambra
    $375K -1% y/y
  • 85017
    $312K -2% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Washington Elementary School
public Grades PK, K-6
Washington Elementary School District
4/10
Palo Verde Middle School
public Grades PK, 7-8
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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  • 2526 W Ocotillo Rd
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