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Sold on 01/14/2020

917 E Granada Rd, Phoenix, AZ 85006

$630,000

Last sold 01/14/2020 after 83 Days

  • 8

    bed

  • 5

    bath

Multi-family not for sale
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About 917 E Granada Rd

Property type Multi-family
Neighborhood
Year built 1927
HOA fee $0/month
Property description
DRIVE BY ONLY. This is a great tri-plex in the heart of the Coronado District with STRONG RENTAL RATES & OCCUPANCY, All units recently remodeled. Minutes form the core of Downtown Phoenix and walking distance to restaurants and the Safeway shopping center. Unit 1 is the charming house in front with 3beds/2baths; Unit 2 is a 2beds/1bath behind the house; and Unit 3 is a 3beds/2baths at the end with a private yard and extra parking. Huge plus is all units have their own washer/dryer. The front charming house would also make a wonderful primary residence supported by two strong income producing units or an AIRBNB. Current rents are $1,825, $1,018 & $1,395. for a total of over $50,000 year in gross rental income.
Listed by
Listing Agent - Dennis L Kolodin
Listing Office - Metro Realty
Source: ARMLS mls logo
MLS#5995556 • last updated 6 years ago
Movoto checked ARMLS for data 9 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Natural Gas
MLS # 5995556
Type Multiple Dwellings
Status Closed
Property Tax 1477
Year Built 1927
Interior
Flooring Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted
Parking Free, >1 Space Per Unit, 1 Space/Unit, On Street
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision HURLEY HEIGHTS
Community Features Other, See Remarks, Pool
Elementary School Kenilworth Elementary School
Elementary School District Phoenix Elementary District
Middle School Kenilworth Elementary School
High School District Phoenix Union High School District
High School Central High School
APN 117-32-059
Zoning R-3
Directions South On 7th St. East On Granada To Property On The Right.
Multifamily Details
Total # of Units 3
Expense: Operating 12862
Financial Data Source Owner
Expense: Maintenance 1500
Vacancy Allowance 0.03
Expense: Insurance 2029
Net Operating Income 36577
Gross Income 46385.4
Expense: Other 2756
Expense: Trash 1000
Expense: Professional Management 900
Expense: Water/Sewer 2000
Gross Scheduled Income 47820
Expense: Gardener 1200
We are not permitted to show value estimates for this property.
  • Jan 2020
    Public Records
  • Jan 22, 2020 Sold
    $630,000
  • Jan 2020
    mls logo MLS # 5995556
  • Jan 14, 2020 Sold
    $630,000 (-5.3%)
  • Oct 23, 2019 Listed
    $665,000 (+50.3%)
  • Jun 2017
    mls logo MLS # 5605207
  • Jun 21, 2017 Sold
    $442,500
  • May 18, 2017 Ucb
    —
  • May 13, 2017 Listed
    $450,000
  • May 11, 2017 Listed
    —
  • Jun 2017
    mls logo MLS # 5605202
  • Jun 21, 2017 Sold
    $442,500
  • May 11, 2017 Listed
    $450,000 (+78.6%)
  • Jun 2017
    Public Records
  • Jun 21, 2017 Sold
    $442,500 (-1.7%)
  • May 2012
    mls logo MLS # 2417589
  • May 31, 2012 Sold
    —
  • May 2012
    mls logo MLS # 2360139
  • May 31, 2012 Sold
    —
  • May 2012
    mls logo MLS # 2831424
  • May 19, 2012 Cancelled
    —
  • Apr 2012
    mls logo MLS # 2629808
  • Apr 21, 2012 Expired
    —
  • Feb 2006
    Public Records
  • Feb 10, 2006 Sold
    $252,000
  • Year Property taxes Tax assessment
  • 2025
    $1,639 +6.2%
    $31,885 +0.79%
  • 2024
    $1,543 +1.0%
    $31,635 -1.85%
  • 2023
    $1,528 +3.7%
    $32,230 +20.82%
  • 2022
    $1,473 +0.8%
    $26,675 +23.3%
  • 2021
    $1,462 -1.1%
    $21,635 +15.85%
  • 2020
    $1,479 +0.2%
    $18,675 +6.05%
  • 2019
    $1,477 +1.7%
    $17,610 +14.13%
  • 2018
    $1,452 +2.4%
    $15,430 +24.14%
  • 2017
    $1,418 +21.7%
    $12,430 +1.89%
  • 2016
    $1,165 +8.1%
    $12,200
  • 2015
    $1,078
    —
  • 917 E Granada Rd
    $630K
  • Coronado
    $565K +2% y/y
  • 85006
    $470K -4% y/y
  • Phoenix
    $454K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Ralph Waldo Emerson Elementary School
public Grades PK, K-8
Phoenix Elementary District
3/10
North 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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