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Sold on 03/25/2015

734 W Mcdowell Rd, Phoenix, AZ 85007

  • $388,000

    Last sold 03/25/2015 after 96 Days

  • 8

    bed

  • 4

    bath

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

About 734 W Mcdowell Rd

Property type Multi-family
Neighborhood
Year built 1946
HOA fee $0/month
Property description
Great Central Phoenix Encanto Historic District Investment Property. Near Downtown colleges of Medicine and Law and ASU downtown campus. Light rail stop just a few blocks away at Central Ave. Well maintained by owner of over 20 years; copper plumbing and foamed roof. Walk one block to 9 eateries and only minutes to many more restaurants and the theatre district. Walk to Encanto Park. Excellent long-term tenants (all professionals) under mkt and month-to-months rents; all 2BR units and all over look a pleasant court yard. On-site laundry room and off-street parking. Adjacent to Beautiful Neighborhood. Do not disturb residents, no sign on property.
Listed by
Listing Agent - Clyde Granderson
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#5212597 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Central, Natural Gas
MLS # 5212597
Type Multiple Dwellings
Status Closed
Property Tax 1483
Year Built 1946
Interior
Flooring Other, Carpet
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Tile, Foam
Construction Painted, Brick
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 District Phoenix Elementary District
High School District Phoenix Union High School District
APN 111-09-007
Zoning R-5
Directions Between 7th Ave And 9th Ave ; West Of Starbucks & Pei Wei Diner
Multifamily Details
Total # of Units 4
Expense: Operating 7578
Financial Data Source Owner
Expense: Maintenance 1860
Vacancy Allowance 0.01
Expense: Insurance 925
Net Operating Income 28280
Gross Income 36388.44
Expense: Electric 505
Expense: Water/Sewer 2305
Gross Scheduled Income 35916
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
  • 734 W Mcdowell Rd
    $388K
  • Encanto
    $539K
  • 85007
    $524K -12% y/y
  • Phoenix
    $465K -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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  • AZ
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  • 734 W Mcdowell Rd
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