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Sold on 08/02/2016

4830 E Virginia Ave, Phoenix, AZ 85008

  • $820,000

    Last sold 08/02/2016 after 315 Days

  • 16

    bed

  • 12

    bath

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

About 4830 E Virginia Ave

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property description
Excellent Location, in the South Arcadia area right off the Green Belt. A new owner can realize significant rent increases and appreciation by upgrading the complex. The property has excellent occupancy stability, and has great tenant base. There are not many properties in the Phoenix market that have this great of a location and upside potential. There are many rehab and new projects in the surrounding area. This one will not be on the market long!
Listed by
Listing Agent - Terry J Kass
Listing Office - GPCI AZ
Source: ARMLS mls logo
MLS#5338045 • last updated 7 years ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Evaporative Cooling, Electric
Heating Electric, Natural Gas
MLS # 5338045
Type Multiple Dwellings
Status Closed
Property Tax 3631
Year Built 1960
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, Carport
# of Open Parking Spaces 9
# of Covered Spaces 11
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision ORANGEDALE TRACT 11, 13, 14, 15
Community Features Other, See Remarks
Elementary School District Balsz Elementary District
High School District Phoenix Union High School District
APN 126-14-016-C
Zoning Multi
Directions From Thomas, South On 48th Street, East On Virginia, Property Is A Little Ways In, On The North Side Of Virginia
Multifamily Details
Total # of Units 12
Expense: Operating 27631
Financial Data Source Owner
Expense: Maintenance 6000
Vacancy Allowance 0.08
Expense: Insurance 2500
Net Operating Income 43563
Gross Income 71097.6
Expense: Other 2500
Expense: Trash 1500
Expense: Professional Management 5000
Expense: Water/Sewer 6500
Gross Scheduled Income 76080
We are not permitted to show value estimates for this property.
  • Sep 2016
    Public Records
  • Sep 12, 2016 Sold
    $820,000
  • Aug 2016
    mls logo MLS # 5338045
  • Aug 2, 2016 Sold
    $820,000 (-3.5%)
  • Sep 22, 2015 Listed
    $850,000 (+91.7%)
  • Feb 2003
    Public Records
  • Feb 28, 2003 Sold
    $443,500
  • 4830 E Virginia Ave
    $820K
  • Camelback East
    $762K
  • 85008
    $420K -6% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Griffith Elementary School
public Grades K-5
Balsz Elementary District
2/10
Camelback 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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  • Maricopa County
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  • 4830 E Virginia Ave
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