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Sold on 06/18/2016

4415-4420 N 8th Ave, Phoenix, AZ 85013

$2,137,500

Last sold 06/18/2016 after 114 Days

  • 28

    bed

  • 24

    bath

Multi-family not for sale
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About 4415-4420 N 8th Ave

Property type Multi-family
Neighborhood
Year built 1956
HOA fee $0/month
Property description
Newly remodeled and sharp! Moon River is located in the high demand Melrose District, located between Camelback Road on the north and Indian School Road on the south. There are two identical twelve-plex units, facing one another on each side of 8th Avenue. Moon River is block constructed with pitched shingles roofs. All units were converted to heat pumps (from window A/C's), and extensive remodeling has been completed. Rents are increasing dramatically in this area. This dynamic neighborhood has seen a dramatic upturn with revitilazation of existing properties as well as many new retail and service companies locating within the district. The Melrose District is located between Central and 15th Avenues and Camelback and Indian School Roads in the heart of Phoenix. The property is also located just south of the "Grand Canal", one of Phoenix' water-way system canals. The City of Phoenix, in 2015, allocated $2,000,000 for the refurbishment and improvement of this canal to provide a trendy, refreshed walk-way for pedestrians and bicyclists.
Listed by
Listing Agent - Linda K Fritz-Salazar
Listing Office - Kasten Long Commercial Group
Source: ARMLS mls logo
MLS#5414420 • last updated 6 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Heat Pump
Heating Heat Pump, Electric, Natural Gas
MLS # 5414420
Type Multiple Dwellings
Status Closed
Property Tax 6036
Year Built 1956
Interior
Flooring Vinyl
Appliances Built-In Range, Dishwasher, Refrigerator, Microwave
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit
# of Covered Spaces 24
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Osborn Elementary District
High School District Phoenix Union High School District
APN 155-38-097-C
Zoning R-4
Multifamily Details
Total # of Units 24
Expense: Operating 62136
Financial Data Source Owner
Expense: Maintenance 8760
Expense: Insurance 5034
Net Operating Income 147260
Expense: Electric 8351
Expense: Professional Management 23515
Expense: Gardener 3240
We are not permitted to show value estimates for this property.
  • May 2018
    Public Records
  • May 17, 2018 Sold
    $2,875,000 (+29.7%)
  • Jun 2016
    Public Records
  • Jun 28, 2016 Sold
    $2,217,500 (+3.7%)
  • Jun 2016
    mls logo MLS # 5414420
  • Jun 18, 2016 Sold
    $2,137,500 (-7.1%)
  • Feb 25, 2016 Listed
    $2,300,000 (+84.3%)
  • Oct 2014
    Public Records
  • Oct 3, 2014 Sold
    $1,248,000 (+21.8%)
  • May 2004
    Public Records
  • May 28, 2004 Sold
    $1,025,000
  • Year Property taxes Tax assessment
  • 2024
    $4,112 +3.5%
    $252,400
  • 2023
    $3,973 +0.6%
    $252,400 +34.22%
  • 2022
    $3,951 -1.7%
    $188,050 +35.22%
  • 2021
    $4,018 +2.6%
    $139,070 +10.6%
  • 2020
    $3,916
    $125,740
  • 4415-4420 N 8th Ave
    $2.13M
  • Encanto
    $539K
  • 85013
    $499K -7% y/y
  • Phoenix
    $464K -1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Clarendon School
public Grades PK, K-8
Osborn Elementary District
4/10
Encanto School
public Grades PK, K-8
Osborn Elementary District
4/10
Osborn Middle School
public Grades 7-8
Osborn 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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