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Sold on 05/05/2016

39 W Medlock Dr, Phoenix, AZ 85013

  • $995,000

    Last sold 05/05/2016 after 29 Days

  • 16

    bed

  • 8

    bath

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

About 39 W Medlock Dr

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Property description
This 8 unit was sold prior to MLS but included for comparable purposes. The Townhouses on Medlock is an eight unit complex built in 1981 with eye towards the future for condo-conversion. The units feature 2 master bedrooms & 2 bathrooms, with a loft and four units have fireplaces. Each unit has a washer/dryer hookup & ample covered and uncovered parking! All units are individually metered for electric, have an individual front patio and an alarm system. This is a Class A location in North Central Phoenix and close to everything! The Camelback/Biltmore Corridor is just blocks away. The main arterials of 7th Avenue/7th Street are minutes away providing convenient access to downtown Phoenix along with the Light Rail Station at Camelback and Central!!!
Listed by
Listing Agent - Lloyd W Kaipainen
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#5438570 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Heat Pump, Individual
Heating Individual, Heat Pump
MLS # 5438570
Type Multiple Dwellings
Status Closed
Property Tax 5255
Year Built 1981
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Add'l Parking Avail, 1 Space/Unit, Carport
# of Open Parking Spaces 8
# of Covered Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision MEDLOCK PLACE AMD LOTS 1-11
Community Features No Pool
Elementary School District Madison Elementary District
High School District Phoenix Union High School District
APN 162-23-085
Zoning Multi
Directions West To 3rd Ave, North To Medlock, East To Property On South Side Of Street
Multifamily Details
Total # of Units 8
Financial Data Source Projected Proforma
Expense: Maintenance 8000
Vacancy Allowance 0.05
Expense: Insurance 4000
Net Operating Income 51148
Gross Income 90744
Expense: Other 4980
Expense: Professional Management 6352
Expense: Water/Sewer 5952
Gross Scheduled Income 95520
Expense: Gardener 1800
We are not permitted to show value estimates for this property.
  • May 2016
    mls logo MLS # 5438570
  • May 5, 2016 Sold
    $995,000
  • Apr 6, 2016 Listed
    $995,000
  • 39 W Medlock Dr
    $995K
  • Alhambra
    $379K 0% y/y
  • 85013
    $449K -21% y/y
  • Phoenix
    $465K -2% 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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