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Sold on 07/19/2013
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3102 E Atlanta Ave, Phoenix, AZ 85040

$80,000

Last sold 07/19/2013 after 46 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
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About 3102 E Atlanta Ave

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Rental estimate
Property description
This is a great opportunity to purchase a well price triplex that has all 2 bed units. This property is projected to generate total rents of $18,600. less 10% vacancy of $1,860 per year equals $16,740 adjusted gross income. The after projected expenses of $7,346 the net operating income is $9,394 per year based on pro forma. This is a 11.74% CAP Rate.
Listed by
Listing Agent - Linda S Gerchick
Listing Office - Gerchick Real Estate
Source: ARMLS mls logo
MLS#4953868 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Electric
MLS # 4953868
Type Multiple Dwellings
Status Closed
Property Tax 456.78
Year Built 1984
Interior
Flooring Vinyl, Concrete
Appliances Other
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking 1 Space/Unit
# of Open Parking Spaces 3
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Wier Estates
Community Features No Pool
Elementary School District Washington Elementary District
High School District Phoenix Union High School District
High School South Mountain High School
APN 122-60-080-A
Zoning R-3
Directions From S. 32nd Street And E. Broadway Road, Head South On S. 32nd STreet To E. Atlanta Ave., Then Head West To The Property Located On The North Side Of E. Altanta Ave.
Multifamily Details
Total # of Units 3
Financial Data Source Projected Proforma
Expense: Maintenance 1350
Vacancy Allowance 0.1
Expense: Insurance 800
Net Operating Income 9394
Gross Income 16740
Expense: Other 1000
Expense: Trash 600
Expense: Professional Management 1339
Expense: Water/Sewer 1800
Gross Scheduled Income 18600
We are not permitted to show value estimates for this property.
  • Jul 2013
    mls logo MLS # 4953868
  • Jul 19, 2013 Sold
    $80,000
  • Jun 3, 2013 Listed
    $80,000 (-39.8%)
  • Nov 2004
    Public Records
  • Nov 16, 2004 Sold
    $133,000 (+35.7%)
  • Feb 2003
    Public Records
  • Feb 3, 2003 Sold
    $98,000
  • Year Property taxes Tax assessment
  • 2024
    $768 +2.9%
    $38,920
  • 2023
    $746 +2.0%
    $38,920 +24.66%
  • 2022
    $731 -2.0%
    $31,220 +42.43%
  • 2021
    $746 +1.3%
    $21,920 +21.37%
  • 2020
    $737 +3.3%
    $18,060 +23.44%
  • 2019
    $713 +2.8%
    $14,630 +1.11%
  • 2018
    $694 +4.9%
    $14,470 +36.12%
  • 2017
    $661 +5.1%
    $10,630 +36.81%
  • 2016
    $629 +6.2%
    $7,770
  • 2015
    $592
    —
  • 3102 E Atlanta Ave
    $80K
  • South Mountain
    $439K +2% y/y
  • 85040
    $359K +4% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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1/10
Percy L Julian School
public Grades 4-8
Roosevelt Elementary District
2/10
South Mountain 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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