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Sold on 07/10/2014

902 E Southern Ave, Phoenix, AZ 85040

  • $250,000

    Last sold 07/10/2014 after 178 Days

  • 10

    bed

  • 6

    bath

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

About 902 E Southern Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Property description
Dont's miss this opportunity to purchase a fully rehabbed complex with four 2/1, and two 1/1. The complex was completely rehabbed with new exterior and interior paint, roofing replaced and repaired, newer electrical, etc. You simply cannot find this kind of commercial, multi-family deal in the current Phoenix Market.
Listed by
Listing Agent - Terry J Kass
Listing Office - Caliber Realty Group, LLC
Source: ARMLS mls logo
MLS#5055375 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5055375
Type Multiple Dwellings
Status Closed
Property Tax 715.1
Year Built 1963
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Refrigerator
Exterior
Roof Other
Construction Painted, Block
Parking 1 Space/Unit, On Street
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Roosevelt Elementary District
High School District Phoenix Union High School District
APN 113-58-010
Zoning R-3
Directions Northeast Corner Of Southern Avenue And 9th Street.
Multifamily Details
Total # of Units 6
Expense: Operating 13815.1
Financial Data Source Projected Proforma
Expense: Maintenance 3000
Vacancy Allowance 0.08
Expense: Insurance 1200
Net Operating Income 20343
Gross Income 34157.76
Expense: Other 2500
Expense: Professional Management 2400
Expense: Water/Sewer 4000
Gross Scheduled Income 37128
We are not permitted to show value estimates for this property.
  • Jun 2023
    mls logo MLS # 6571261
  • Jun 21, 2023 Listed
    $1,295,000 (+418.0%)
  • Jul 2014
    mls logo MLS # 5055375
  • Jul 10, 2014 Sold
    $250,000 (-7.4%)
  • Jan 13, 2014 Listed
    $269,900
  • 902 E Southern Ave
    $250K
  • South Mountain
    $435K 0% y/y
  • 85040
    $374K +4% y/y
  • Phoenix
    $466K -2% y/y
No chart available
Statistics calculated by Movoto

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  • Skip staging and repairs
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1/10
John F Kennedy Elementary School
public Grades PK, K-3
Roosevelt Elementary District
2/10
C O Greenfield School
public Grades 4-8
Roosevelt Elementary District
2/10
South Mountain High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85040
  • South Mountain
  • 902 E Southern Ave
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