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Sold on 02/18/2017

340 E Virginia Ave, Phoenix, AZ 85004

  • $435,000

    Last sold 02/18/2017 after 28 Days

  • 8

    bed

  • 4

    bath

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

About 340 E Virginia Ave

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Property description
Two red brick duplexes on one lot.*** All two bedroom/ 1 bath. ***Storage rooms could have washer dryer hookups in them but no electric or plumbing currently is believed to be hooked up.** This was more or less an estate sale but title has already passed to the heirs so no court issues!! This offering was sold once prior to current sale. This offering is submitted solely for comparable purposes. Multiple offers were received and that it sold above the asking price shows the fast market conditions for this rare opportunity.
Listed by
Listing Agent - Lloyd W Kaipainen
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#5563608 • last updated 9 years ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5563608
Type Multiple Dwellings
Status Closed
Property Tax 1481
Year Built 1947
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range
Exterior
Roof Tile
Construction Brick Veneer, Brick
Parking Assigned, <1 Space Per Unit
# of Open Parking Spaces 8
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision SHAW PLACE
Community Features No Pool
APN 118-45-111-A
Zoning Multi
Directions Virginia X 3rd St Head East To 340 E Located 1st Block On The NEC
Multifamily Details
Total # of Units 4
Expense: Operating 7099
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 2000
Vacancy Allowance 5
Expense: Insurance 1758
Net Operating Income 19919
Gross Income 113760
Expense: Water/Sewer 1860
Gross Scheduled Income 28440
We are not permitted to show value estimates for this property.
  • Nov 2023
    Public Records
  • Nov 17, 2023 Sold
    $975,000 (+124.1%)
  • Feb 2017
    mls logo MLS # 5563608
  • Feb 18, 2017 Sold
    $435,000 (+2.4%)
  • Jan 21, 2017 Listed
    $425,000
  • 340 E Virginia Ave
    $435K
  • East Alvarado
    $275K -63% y/y
  • 85004
    $498K -10% y/y
  • Phoenix
    $465K -3% y/y
No chart available
Statistics calculated by Movoto

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3/10
Longview Elementary School
public Grades PK, K-8
Osborn Elementary District
4/10
Osborn Middle School
public Grades 7-8
Osborn Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
Central High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85004
  • East Alvarado
  • 340 E Virginia Ave
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