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Sold on 08/25/2012
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508 E Pierson St, Phoenix, AZ 85012

  • $876,000

    Last sold 08/25/2012 for $206K

  • 7

    bed

  • 4

    bath

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

About 508 E Pierson St

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Movoto estimate
Property description
Central phoenix 4 plex. 3 - 2 bedroom units and 1 - 1 bedroom unit. Limited financials. To be sold in 'as is' condition. Remodeled in approx 2006. Right across street from the brophy sports complex. Located several minutes to downtown phoenix. Current rents are below market! Same properties in the area bring $625 to 650 for a 2 bedroom unit. One bedrooms are bringing $525 to $575.
Listed by
Listing Agent - Ben Koerner
Listing Office - Realty Executives
Source: ARMLS mls logo
MLS#4791002 • last updated 1 year ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Central Air
Heating Natural Gas
MLS # 4791002
Type Multiple Dwellings
Status Closed
Property Tax 1206
Year Built 1964
Interior
Flooring Carpet, Ceramic Tile
Appliances Built-In Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision CAMELBACK SQUARE
Community Features No Pool
Elementary School Encanto School
Elementary School District Osborn Elementary District
Middle School Osborn Middle School
High School District Phoenix Union High School District
High School Central High School
APN 155-22-024
Zoning R-4
Directions SOUTH ON 7TH STREET TO PIERSON. WEST ON PIERSON TO PROPERTY. NO SIGN ON PROPERTY.
Multifamily Details
Total # of Units 4
Expense: Operating 1206
Financial Data Source Other (See Remarks)
Net Operating Income 23700
Gross Income 23700
Gross Scheduled Income 23700
$876K
Range: $595K-$1.15M
Last 30 days 
  • Sep 2020
    Public Records
  • Sep 8, 2020 Sold
    $1,750,000
  • Sep 2020
    mls logo MLS # 6071665
  • Sep 8, 2020 Sold
    $1,750,000 (+268.4%)
  • Aug 7, 2020 Pending
    —
  • Jan 2019
    Public Records
  • Jan 4, 2019 Sold
    $475,000 (+21.0%)
  • Sep 2018
    mls logo MLS # 5806279
  • Sep 8, 2018 Sold
    $392,500 (-1.3%)
  • Aug 13, 2018 Listed
    $390,000 (+89.3%)
  • Sep 2018
    Public Records
  • Sep 7, 2018 Sold
    $397,500 (+1.9%)
  • Aug 2012
    Public Records
  • Aug 28, 2012 Sold
    $206,000
  • Aug 2012
    mls logo MLS # 4791002
  • Aug 25, 2012 Sold
    $206,000
  • Jul 19, 2012 Listed
    $205,900 (-51.0%)
  • May 2007
    Public Records
  • May 1, 2007 Sold
    $420,000 (+38.8%)
  • Aug 2006
    Public Records
  • Aug 3, 2006 Sold
    $302,500 (+77.9%)
  • Jun 2001
    Public Records
  • Jun 15, 2001 Sold
    $170,000
  • 508 E Pierson St
    $206K
  • Alhambra
    $380K 0% y/y
  • 85012
    $509K -5% y/y
  • Phoenix
    $466K -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
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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