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Sold on 08/02/2019

4145 N Longview Ave, Phoenix, AZ 85014

  • $2,030,000

    Last sold 08/02/2019 after 141 Days

  • 36

    bed

  • 2

    bath

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

About 4145 N Longview Ave

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Property description
Longview Park Place Apartments is an exceptional unit mix and Midtown Phoenix location. This apartments have very low maintenance with minimal landscape and upkeep. Newer 1980's construction and a few minutes from 51 freeway. Brand new construction of new condo's being built on the same street. Unit mix is 10 (2) bedroom (2) bathrooms and 8 (2) one bath. All ground units have private yards. Washer and dryer hook ups. Current rents are way below market rent at avg of 742 a unit. Current NOI on 104k 5.01 cap. Proforma rents should be at 1,000 to 1050 for a new NOI at $161,600 cap 7.8% cap. Rent value add. The parking lot is in process of getting a repaired with black top and paint. Drive by only tenants are unaware of the sale. All facts and figures are approximate buyer verify informati
Listed by
Listing Agent - Sophia J Willets
Listing Office - Grace CRE
Source: ARMLS mls logo
MLS#5896402 • last updated 4 months ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Heat Pump
Heating Electric
MLS # 5896402
Type Multiple Dwellings
Status Closed
Property Tax 7960
Year Built 1987
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Foam
Construction Wood Frame, Painted, Stucco, Block
Parking Paved, Assigned, >1 Space Per Unit
# of Open Parking Spaces 25
Amenities / Utilities
Water Source Individual Meter, City Franchise
Sewer/Septic Public Sewer
Security Features Security Light(s)
Location
Subdivision LONGVIEW
Community Features No Pool
Elementary School District Osborn Elementary District
Middle School Osborn Middle School
High School District Phoenix Union High School District
High School Phoenix Union Cyber High School
APN 155-05-078-A
Zoning R-4
Multifamily Details
Total # of Units 18
Expense: Operating 58996
Financial Data Source Other (See Remarks), Projected Proforma
Expense: Maintenance 9600
Vacancy Allowance 0.05
Expense: Insurance 4596
Net Operating Income 161616
Gross Income 211850
Expense: Electric 732
Expense: Other 7960
Expense: Trash 1500
Expense: Professional Management 10596
Expense: Water/Sewer 11052
Gross Scheduled Income 223000
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Aug 2019
    mls logo MLS # 5896402
  • Aug 2, 2019 Sold
    $2,030,000 (-1.9%)
  • Mar 14, 2019 Listed
    $2,070,000 (+123.8%)
  • May 2014
    mls logo MLS # 5095640
  • May 23, 2014 Sold
    $925,000 (-5.1%)
  • Apr 4, 2014 Listed
    $975,000 (+30.0%)
  • Dec 2012
    mls logo MLS # 4769221
  • Dec 22, 2012 Sold
    $750,000 (-3.2%)
  • Jun 1, 2012 Listed
    $775,000
  • 4145 N Longview Ave
    $2.03M
  • Longview Place
    —
  • 85014
    $460K -18% y/y
  • Phoenix
    $474K -2% 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
North High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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