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Sold on 10/31/2018

734 W Mcdowell Rd, Phoenix, AZ 85007

$525,000

Last sold 10/31/2018 after 65 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 734 W Mcdowell Rd

Property type Multi-family
Neighborhood
Year built 1946
HOA fee $0/month
Property description
Historic Palmcroft Location! Delightful Spanish courtyard 4-plex. Step through the arched gate and into a courtyard garden featuring central fountain, wonderful shaded walk way with mature landscaping. The 4 apartments are all 2 bedroom, 1 bath and retain the historical charm of the property. this is one of the most unique 4 plex apartments in the Central corridor. All are fully rented. Please drive by only, do not disturb occupants.
Listed by
Listing Agent - Craig Bennett
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#5812601 • last updated 6 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Central, Natural Gas
MLS # 5812601
Type Multiple Dwellings
Status Closed
Property Tax 1651
Year Built 1946
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Tile, Foam
Construction Painted, Block
Parking Paved, Assigned, 1 Space/Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Encanto -Palmcroft Historic District
Community Features No Pool
Elementary School Kenilworth Elementary School
Elementary School District Phoenix Elementary District
Middle School Isaac Middle School
High School District Phoenix Union High School District
High School Central High School
APN 111-09-007
Zoning R-5
Directions From 7th Ave, West On McDowell To 734 W. McDowell
Multifamily Details
Total # of Units 4
Expense: Operating 7746
Financial Data Source Owner
Expense: Maintenance 1860
Vacancy Allowance 0.01
Expense: Insurance 925
Net Operating Income 28280
Gross Income 44193.6
Expense: Electric 505
Expense: Water/Sewer 2305
Gross Scheduled Income 43800
Expense: Gardener 500
We are not permitted to show value estimates for this property.
  • Oct 2018
    mls logo MLS # 5812601
  • Oct 31, 2018 Sold
    $525,000
  • Aug 27, 2018 Listed
    $525,000 (+35.3%)
  • Oct 2018
    Public Records
  • Oct 29, 2018 Sold
    $525,000
  • Mar 2015
    mls logo MLS # 5212597
  • Mar 25, 2015 Sold
    $388,000 (-10.8%)
  • Dec 19, 2014 Listed
    $435,000
  • Year Property taxes Tax assessment
  • 2024
    $1,796 +1.0%
    $110,770
  • 2023
    $1,779 +3.7%
    $110,770 +76.67%
  • 2022
    $1,715 +0.8%
    $62,700 +37.5%
  • 2021
    $1,702 -1.1%
    $45,600 +10.22%
  • 2020
    $1,722 +0.2%
    $41,370 +7.54%
  • 2019
    $1,719 +1.7%
    $38,470 +44.08%
  • 2018
    $1,690 +2.4%
    $26,700 +31.98%
  • 2017
    $1,651 +3.0%
    $20,230 +8.59%
  • 2016
    $1,603 +8.1%
    $18,630
  • 2015
    $1,484
    —
  • 734 W Mcdowell Rd
    $525K
  • Encanto
    $539K
  • 85007
    $492K -13% y/y
  • Phoenix
    $454K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Kenilworth Elementary School
public Grades PK, K-8
Phoenix Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
Central High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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