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Sold on 06/01/2018

49 E Riverside St, Phoenix, AZ 85040

  • $185,000

    Last sold 06/01/2018 after 42 Days

  • 8

    bed

  • 6

    bath

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

About 49 E Riverside St

Property type Multi-family
Neighborhood
Year built 1936
HOA fee $0/month
Property description
Seller is motivated bring your offer now. This property is great value add property. Huge lot 32,120 sq foot lot. This property has a single apartment duplex apartments and 2 houses. Property is need of rehab and one tenant lives on property with family on a month to month lease for $500 a month. All units are very poor and need full rehab. Property is being sold as is. All facts and figuers are approximate buyer verify MLS information.
Listed by
Listing Agent - Sophia J Baron
Listing Office - Russ Lyon Sotheby's International Realty
Source: ARMLS mls logo
MLS#5756384 • last updated 7 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Window/Wall Unit, Electric
Heating Natural Gas
MLS # 5756384
Type Multiple Dwellings
Status Closed
Property Tax 779
Year Built 1936
Interior
Flooring Other
Appliances Built-In Range, Refrigerator
Exterior
Roof Other
Construction Other, Wood Frame, Painted, Block
Parking On Street
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision BOWLES SUB
Community Features Other, See Remarks, No Pool
Elementary School Roosevelt Elementary School
Elementary School District Roosevelt Elementary District
Middle School South Mountain High School
High School District Phoenix Union High School District
High School South Mountain High School
APN 113-13-008
Zoning R4
Multifamily Details
Total # of Units 5
Expense: Operating 8488
Financial Data Source Projected Proforma
Expense: Maintenance 2500
Vacancy Allowance 0.05
Expense: Insurance 1250
Net Operating Income 21361
Gross Income 29070
Expense: Fuel 480
Expense: Other 779
Expense: Trash 1000
Expense: Water/Sewer 1200
Gross Scheduled Income 30600
Expense: Gardener 500
We are not permitted to show value estimates for this property.
  • Jun 2018
    mls logo MLS # 5756384
  • Jun 1, 2018 Sold
    $185,000 (-7.5%)
  • Apr 20, 2018 Listed
    $199,900
  • 49 E Riverside St
    $185K
  • South Mountain
    $435K +1% y/y
  • 85040
    $374K 0% y/y
  • Phoenix
    $474K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Cesar E Chavez Community School
public Grades PK, K-8
Roosevelt Elementary District
2/10
South Mountain 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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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85040
  • South Mountain
  • 49 E Riverside St
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