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Sold on 12/13/2023

513 E Hatcher Rd, Phoenix, AZ 85020

  • $1,250,000

    Last sold 12/13/2023 after 128 Days

  • 11

    bed

  • 10

    bath

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

About 513 E Hatcher Rd

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Property description
513 East Hatcher Road is of block construction and was originally built in 1958 with phase II being completed in 1972, the community features (9) 1-Bed / 1-Bath units along with (1) 2-bed / 1-bath unit. Of the (10) total units, (6) have been extensively renovated with the other (4) units providing the additional upside for the investor. All units feature a private patio and ample parking. The utilities on-site are master metered where an additional utility recapture can be implemented at the property. The renovated units feature shaker style cabinetry, kitchen backsplashes, quartz countertops, stainless steel appliance packages, vinyl-plank flooring, updated bathrooms, new plumbing, roof, ac units, windows and more.
Listed by
Listing Agent - Carson P Griesemer
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#6589716 • last updated 2 years ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6589716
Type Multiple Dwellings
Status Closed
Property Tax 2373
Year Built 1972
Interior
Flooring Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave
Exterior
Roof Composition
Construction Painted, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 16
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision GLOBA
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 159-46-051
Zoning R-5
Multifamily Details
Total # of Units 10
Expense: Operating 2373
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 91202
Gross Income 156028
Gross Scheduled Income 152400
We are not permitted to show value estimates for this property.
  • Dec 2023
    mls logo MLS # 6589716
  • Dec 13, 2023 Sold
    $1,300,000 (-13.3%)
  • Oct 4, 2023 Active
    —
  • Sep 11, 2023 Listed
    —
  • Aug 29, 2023 Active
    —
  • Aug 7, 2023 Listed
    $1,500,000 (+7.5%)
  • Feb 2023
    mls logo MLS # 6518000
  • Feb 8, 2023 Listed
    $1,395,000 (-10.0%)
  • Aug 2022
    mls logo MLS # 6443292
  • Aug 1, 2022 Listed
    $1,550,000 (-6.1%)
  • Jun 2022
    mls logo MLS # 6426764
  • Jun 30, 2022 Listed
    $1,650,000 (+65.0%)
  • Mar 2021
    mls logo MLS # 6064274
  • Mar 15, 2021 Sold
    $1,000,000 (-9.1%)
  • Mar 2, 2021 Pending
    —
  • Mar 2, 2021 Listed
    —
  • Mar 1, 2021 Sold
    $1,100,000
  • Apr 27, 2020 Listed
    $1,100,000
  • 513 E Hatcher Rd
    $1.25M
  • North Mountain
    $396K -5% y/y
  • 85020
    $400K -15% y/y
  • Phoenix
    $474K -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
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  • 85020
  • 513 E Hatcher Rd
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