Movoto Real Estate
Sold on 06/01/2024

907 E Claremont St, Phoenix, AZ 85014

  • $1,025,000

    Last sold 06/01/2024 after 151 Days

  • 8

    bed

  • 4

    bath

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

About 907 E Claremont St

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Property description
Nestled in the heart of one of North Central Phoenix's famous historic neighborhoods, Claremont (''the property''), is primely positioned just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy. The proximity to one of The Valley's major transportation arteries, State Route 51, offers convenient accessibility to destinations valley wide. Within minutes of Claremont sits The Innovation Employment Corridor and Biltmore Employment Corridor, which presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health, IBM, Cisco and Charles Schwab. Together, the prominent employment Corridors showcase a combined ±117,000 employees and ±3,300 employers. Built in 1958, Claremont offers an appealing unit mix all two-bedroom floor plans with an average unit size of ±850 square feet. Future ownership will have the enticing opportunity to capitalize on 100% of the units, primed for an elevated upgrade package resulting in an expected premium of ±$250 per month.
Listed by
Listing Agent - Christopher Paul Bay
Listing Office - Marcus & Millichap
Source: ARMLS mls logo
MLS#6644882 • last updated 2 years ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Individual, Ceiling
MLS # 6644882
Type Multiple Dwellings
Status Closed
Property Tax 3094
Year Built 1958
Interior
Flooring Vinyl, Wood
Appliances Free-Standing Range, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block, Brick
Parking 1 Space/Unit
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Madison Elementary District
High School District Phoenix Union High School District
APN 161-15-068-C
Zoning R1-6
Multifamily Details
Total # of Units 4
Expense: Operating 18993
Financial Data Source Owner
Expense: Maintenance 2600
Vacancy Allowance 0.06
Expense: Insurance 1600
Net Operating Income 63278
Gross Income 81986.8
Expense: Electric 5111
Expense: Professional Management 3330
Gross Scheduled Income 84590
Expense: Gardener 758
We are not permitted to show value estimates for this property.
  • Jun 2024
    mls logo MLS # 6644882
  • Jun 1, 2024 Sold
    $1,025,000
  • Apr 2, 2024 Pending
  • Jan 2, 2024 Listed
    $1,050,000 (-84.0%)
  • Apr 2024
    Public Records
  • Apr 18, 2024 Sold
    $1,025,000 (-2.4%)
  • Apr 2022
    Public Records
  • Apr 18, 2022 Sold
    $6,548,400
  • 907 E Claremont St
    $1.02M
  • Camelback East
    $762K
  • 85014
    $469K -16% y/y
  • Phoenix
    $465K -3% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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