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Sold on 03/09/2018

335 E Purdue Ave, Phoenix, AZ 85020

  • $300,000

    Last sold 03/09/2018 after 48 Days

  • 8

    bed

  • 4

    bath

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

About 335 E Purdue Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Property description
This 4-plex has 2 buildings. Each building has 2 - 2 bedroom, 1 bath apartments. All utilities are separated for individual billing. At this time each tenant pays approximately $562.65/mo and also pays their own trash, water, electric and cable/satellite. There is room for additional buildings for expansion if desired. Property produces approx $2250/mo. After expenses NOI is $24,094$ which creates a cap rate of 8. All brick construction. Newer roof 2010. Each unit has its own 3.5ton heat pump for cooling and heating, replaced in 2010. Plumbing updated to copper and ABS.
Listed by
Listing Agent - Charles L Melde
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#5721974 • last updated 1 year ago
Movoto checked ARMLS for data Just now
Overview
Cooling/AC Heat Pump, Individual
Heating Individual, Heat Pump
MLS # 5721974
Type Multiple Dwellings
Status Closed
Property Tax 690
Year Built 1963
Interior
Flooring Vinyl
Appliances Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Painted, Block
Parking Paved, Add'l Parking Avail, >1 Space Per Unit
# of Open Parking Spaces 10
Amenities / Utilities
Water Source Individual Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision TENGEN PLACE ADD BLK D - H
Community Features No Pool
Elementary School Washington Elementary School
Elementary School District Washington Elementary District
Middle School Royal Palm Middle School
High School District Glendale Union High School District
High School Sunnyslope High School
APN 159-45-061
Zoning R-3
Directions From 3rd Street And Hatcher, Go North On 3rd Street 3 Streets To Purdue Ave And Turn Right (east) To The Address On The Right.
Multifamily Details
Total # of Units 4
Expense: Operating 3596
Financial Data Source Owner
Expense: Maintenance 450
Vacancy Allowance 0.05
Expense: Insurance 888
Net Operating Income 24094
Gross Income 25650
Gross Scheduled Income 27000
Expense: Gardener 800
We are not permitted to show value estimates for this property.
  • Jan 2021
    mls logo MLS # 6172119
  • Jan 5, 2021 Sold
    $599,000
  • Dec 16, 2020 Listed
    $599,000
  • 335 E Purdue Ave
    $300K
  • North Mountain
    $396K -4% y/y
  • 85020
    $400K -11% y/y
  • Phoenix
    $474K -1% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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