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Sold on 10/13/2020

802 E Townley Ave, Phoenix, AZ 85020

  • $615,000

    Last sold 10/13/2020 after 90 Days

  • 8

    bed

  • 5

    bath

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

About 802 E Townley Ave

Property type Multi-family
Neighborhood
Year built 1999
HOA fee $0/month
Property description
Excellent income investment property, recently remodeled with new A/C units, resulting in little to no annual maintenance. Five total units in two buildings. Building 1 has three two-story townhomes. Building 2 has two single story one bedroom units. Central location with great rentability, easily managed by the owner, who is a full-time licensed general contractor. Selling to use capital to move on to a larger construction project. Tenants are unaware of sale, so please do not disturb. Drive-by only.
Listed by
Listing Agent - Steve J. Lugo, Jr.
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#6103342 • last updated 2 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 6103342
Type Multiple Dwellings
Status Closed
Property Tax 1952
Year Built 1999
Interior
Flooring Carpet, Ceramic Tile
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Free, On Street
# of Open Parking Spaces 5
Amenities / Utilities
Water Source Master Meter
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 160-03-057
Zoning R-4
Directions From Northern Make A Right On 12th Street, Then Turn Left On Townley Ave. Property On Right At Corner Of 8th And Townley.
Multifamily Details
Total # of Units 5
Expense: Operating 8052
Financial Data Source Owner
Expense: Insurance 2500
Net Operating Income 47868
Gross Income 55920
Expense: Trash 1800
Expense: Water/Sewer 1800
Gross Scheduled Income 55920
We are not permitted to show value estimates for this property.
  • Oct 2020
    mls logo MLS # 6103342
  • Oct 13, 2020 Sold
    $615,000 (-12.1%)
  • Sep 21, 2020 Pending
    —
  • Aug 6, 2020 Listed
    $699,900
  • Jul 15, 2020 Listed
    —
  • 802 E Townley Ave
    $615K
  • North Mountain
    $399K -3% y/y
  • 85020
    $399K -11% y/y
  • Phoenix
    $470K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Desert View Elementary School
public Grades PK, K-6
Washington Elementary School District
4/10
Royal Palm Middle School
public Grades 5-8
Washington Elementary School District
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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  • AZ
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  • 802 E Townley Ave
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