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Sold on 05/10/2019

302 W Medlock Dr, Phoenix, AZ 85013

$1,800,000

Last sold 05/10/2019 after 82 Days

  • 17

    bed

  • 15

    bath

Multi-family not for sale
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About 302 W Medlock Dr

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property description
Welcome to Rosecrest Garden Apartment Complex. Excellent Investment Property with 15 units, 3 buildings, cash flow, most units have been updated, NEW ROOF, long term tenants, block construction, and ample parking. Close to Camelback Village Square, Light-Rail, Bus Stop, downtown, Grand Canyon University, and Freeways. Each unit is separately metered for electricity and gas. Property covers cost of water, sewer, and trash collection. Meticulous desert landscape and well maintained units with many long term tenants.
Listed by
Listing Agent - Danelle Lea Treguboff
Listing Office - West USA Realty
Source: ARMLS mls logo
MLS#5884687 • last updated 7 years ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Central Air, Window/Wall Unit, Electric
Heating Electric
MLS # 5884687
Type Multiple Dwellings
Status Closed
Property Tax 4975
Year Built 1960
Interior
Flooring Ceramic Tile, Vinyl
Appliances Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, On Street, Carport
# of Open Parking Spaces 11
# of Covered Spaces 11
Amenities / Utilities
Water Source Master Meter
Sewer/Septic Private Sewer
Location
Subdivision BECKER ADD TO ORANGEWOOD
Community Features No Pool
Elementary School Solano School
Elementary School District Madison Elementary District
Middle School Osborn Middle School
High School District Phoenix Union High School District
High School Central High School
APN 162-26-028
Zoning Comm
Directions West On Camelback To 3rd Ave North On 3rd Ave. Property Is On NW Corner Of 3rd Ave And Medlock.
Multifamily Details
Total # of Units 15
Expense: Operating 21718.5
Financial Data Source Owner
Expense: Maintenance 3000
Expense: Insurance 1990
Net Operating Income 133256
Gross Income 151200
Expense: Electric 914.5
Expense: Fuel 1226
Expense: Trash 1300
Expense: Water/Sewer 5913
Gross Scheduled Income 150000
Expense: Gardener 2400
We are not permitted to show value estimates for this property.
  • May 2019
    mls logo MLS # 5884687
  • May 10, 2019 Sold
    $1,800,000
  • Feb 17, 2019 Listed
    $1,800,000 (+93.8%)
  • May 2019
    Public Records
  • May 8, 2019 Sold
    $1,800,000
  • Sep 2015
    Public Records
  • Sep 23, 2015 Sold
    $929,000
  • Year Property taxes Tax assessment
  • 2024
    $7,010 +2.7%
    $224,060 -0.85%
  • 2023
    $6,822 +3.1%
    $225,980 +22.2%
  • 2022
    $6,619 -0.9%
    $184,920 +42.76%
  • 2021
    $6,676 +1.6%
    $129,530 +22.29%
  • 2020
    $6,572
    $105,920
  • 302 W Medlock Dr
    $1.8M
  • Alhambra
    $375K -1% y/y
  • 85013
    $500K -7% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Madison Richard Simis School
public Grades PK, K-4
Madison Elementary District
6/10
Madison Meadows School
public Grades 5-8
Madison Elementary District
3/10
Central 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.

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