Movoto Real Estate
Sold on 10/31/2014

712 E Pierce St, Phoenix, AZ 85006

  • $355,000

    Last sold 10/31/2014 after 191 Days

  • 7

    bed

  • 5

    bath

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

About 712 E Pierce St

Property type Multi-family
Neighborhood
Year built 1931
HOA fee $0/month
Property description
Pierce Apartments is located in Downtown Phoenix just off 7th Street between Roosevelt and Washington; one of the most vibrant locations in all of Arizona! The past 15 years have brought tremendous residential gentrification to downtown Phoenix. With the implementation of the Metro Light Rail through the neighborhood, coupled with Chase Field (home to the Arizona Diamondbacks) and US Airways Center (home to the Phoenix Suns), major universities, employers, and retailers have developed massive new commercial developments in downtown Phoenix . Directly across 7th Street from Pierce Apartments is the "Phoenix Biomedical Campus" which is a developing 30-acre campus with 615,000 square feet already completed. Currently there is one 20,000-square-foot project under construction, three projects in planning, totaling an additional 750,000 square feet, with 6,000,000 total square feet of Biomedical related space at build-out! The University of Arizona's College of Medicine; TGen, which houses the National Institute of Health; St. Joseph's Barrow Neurological Institute; Arizona Biomedical Collaborative 1; and Health Sciences Education Buildings for University of Arizona and Northern Arizona University, are all currently open on the Biomedical Campus today. Currently under construction is the $100 million medical campus of University of Arizona's Cancer Center, slated to open in 2015. Arizona State University's Downtown Campus, home to the Walter Cronkite School of Journalism and Mass Communication; Sandra Day O'Connor College of Law; and several other post-graduate programs are just four blocks west of our Subject and are a major new tenant demand generator for Downtown Phoenix. Additional schools in the area include Lowell Elementary School, Osborn Junior High School, North High School, and Phoenix Biomedical High School. Downtown Phoenix is also the cultural and arts epicenter of Metro Phoenix. The First Friday Art Walk along Roosevelt attracts thousands of art enthusiasts each month where local galleries and businesses create a festival-like atmosphere each month. Additional cultural and entertainment venues in the neighborhood include Comerica Theatre, Symphony Hall, Herberger Theatre, Phoenix Children's Museum, Arizona Science Center, Heard Museum, Phoenix Art Museum, Monarch Theatre, CityScape, Stand Up Live, Burton Barr Central Library, Chase Field, US Airways Center, and the Phoenix Convention Center. Downtown Phoenix is also home to many nationally acclaimed restaurants such as Matt's Big Breakfast, Fox Concepts "Arrogant Butcher", the Phoenix Public Market, and award winning Chef Chris Bianco's creation Pizza Bianco. Additional restaurants and retailers are located at CityScape Phoenix, featuring Urban Outfitters and JoS. A. Bank. Nearby recreation includes Margaret T. Hance Park, featuring picnic areas, playgrounds, walking paths, ramadas, sand volleyball court, and dog park. The park is also home to the Japanese Friendship Garden and the Irish Cultural Center.
Listed by
Listing Agent - Gregory F Thielen
Listing Office - Berkadia Real Estate Advisors
Source: ARMLS mls logo
MLS#5104778 • last updated 8 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Central Air, Window/Wall Unit, Individual
Heating Central, Window/Wall Unit(s), Electric
MLS # 5104778
Type Multiple Dwellings
Status Closed
Property Tax 1223
Year Built 1931
Interior
Flooring Carpet, Ceramic Tile, Vinyl, Stone, Concrete
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave
Exterior
Roof Tile, Foam
Construction Wood Frame, Stucco
Parking Paved, Free, Assigned, 1 Space/Unit, On Street
# of Open Parking Spaces 5
Amenities / Utilities
Water Source Master Meter
Sewer/Septic Public Sewer
Location
Community Features Barbecue, No Pool
High School District Phoenix Union High School District
APN 116-32-005
Zoning R-5
Directions From I-10 And 7th Street--south On 7th St Past Roosevelt To Pierce. Left (east) As Pierce. Property Is 2nd Parcel On The Left (north Side Of Pierce).
Multifamily Details
Total # of Units 5
Expense: Operating 13293
Financial Data Source Owner
Expense: Maintenance 2500
Vacancy Allowance 0.08
Expense: Insurance 1531
Net Operating Income 28455
Gross Income 41676
Expense: Fuel 800
Expense: Trash 1000
Expense: Professional Management 2859
Expense: Water/Sewer 2100
Gross Scheduled Income 44400
Expense: Gardener 780
We are not permitted to show value estimates for this property.
  • Jan 2026
    mls logo MLS # 6964606
  • Jan 7, 2026 Listed
    $1,050,000 (-14.3%)
  • Nov 2025
    mls logo MLS # 6880899
  • Nov 18, 2025 Price Change
    $1,224,997
  • Nov 13, 2025 Price Change
    $1,224,998
  • Sep 16, 2025 Price Change
    $1,224,999
  • Aug 14, 2025 Price Change
    $1,225,000 (-3.9%)
  • Jul 8, 2025 Price Change
    $1,275,000 (-1.9%)
  • Jun 16, 2025 Listed
    $1,300,000 (+8.3%)
  • Apr 2022
    mls logo MLS # 6312863
  • Apr 23, 2022 Pending
  • Apr 23, 2022 Listed
  • Apr 23, 2022 Sold
  • Feb 1, 2022 Pending
  • Feb 1, 2022 Sold
  • Dec 16, 2021 Pending
  • Dec 15, 2021 Sold
    $1,200,000 (+9.1%)
  • Oct 27, 2021 Listed
    $1,100,000 (+209.9%)
  • Oct 2014
    mls logo MLS # 5104778
  • Oct 31, 2014 Sold
    $355,000 (-5.3%)
  • Apr 23, 2014 Listed
    $374,900 (+134.3%)
  • Aug 2004
    Public Records
  • Aug 10, 2004 Sold
    $160,000
  • 712 E Pierce St
    $355K
  • Garfield
    $454K -3% y/y
  • 85006
    $485K -2% y/y
  • Phoenix
    $465K -3% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
2/10
3/10
8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Garfield

Explore everything this neighborhood has to offer. Learn more about Garfield.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Phoenix, AZ

Newest listings in 85006

  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85006
  • Garfield
  • 712 E Pierce St
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by Arizona Multiple Listing Service, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Arizona Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Arizona Multiple Listing Service™ system. All information provided is deemed reliable but is not guaranteed and should be independently verified. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.