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Sold on 12/28/2023

921 E Moreland St, Phoenix, AZ 85006

$770,000

Last sold 12/28/2023 after 85 Days

  • 8

    bed

  • 7

    bath

Multi-family not for sale
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About 921 E Moreland St

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Property description
Tremendous investment property. Nicely redone over the years. Property is a duplex and single family home on one lot, Zoned R-3. Quality owner and landlord has been meticulous about improving the property and being assured of having quality tenants for nearly 20 years while the area has also seen more & more improvement. This has neighboring rentals selling for 7-figures and this one also has the property tax advantages of being a historic property in the North Garfield Historic District. Immediate access to the 10th Street Pedestrian Bridge takes you safely across the I-10 Freeway if needed and immediately finds you at Banner Hospital, one of the leading hospitals and healthcare teaching facilities in Arizona. All this w/ a great CAP rate and in the shadows of Phoenix's vibrant DownTown
Listed by
Listing Agent - Lloyd C Fox
Listing Agent Contact: 602-418-1153
Listing Office - 1912 Realty
Source: ARMLS mls logo
MLS#6613697 • last updated 2 years ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Electric
MLS # 6613697
Type Multiple Dwellings
Status Closed
Property Tax 1063
Year Built 1950
Interior
Flooring Vinyl
Appliances Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit
# of Open Parking Spaces 6
Amenities / Utilities
Water Source Individual Meter, City Franchise
Sewer/Septic Public Sewer
Location
Community Features Other, No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 116-31-134
Zoning [M-M] MULTI-FAM
Directions East To 10th Street And North To Moreland
Multifamily Details
Total # of Units 3
Expense: Operating 1063
Financial Data Source Owner
Net Operating Income 48480
Gross Income 48480
Gross Scheduled Income 48480
We are not permitted to show value estimates for this property.
  • Dec 2023
    mls logo MLS # 6613697
  • Dec 28, 2023 Sold
    $770,000 (+0.7%)
  • Nov 16, 2023 Pending
    —
  • Oct 4, 2023 Listed
    $800,000 (+3.2%)
  • Dec 2023
    Public Records
  • Dec 27, 2023 Sold
    $765,000 (-4.4%)
  • Aug 2023
    mls logo MLS # 6582330
  • Aug 7, 2023 Price Change
    $775,000 (-5.5%)
  • Jul 19, 2023 Listed
    $820,000 (+209.4%)
  • Aug 2004
    Public Records
  • Aug 30, 2004 Sold
    $265,000 (+71.0%)
  • Feb 2003
    Public Records
  • Feb 14, 2003 Sold
    $155,000 (+44.9%)
  • Nov 2002
    Public Records
  • Nov 5, 2002 Sold
    $107,000
  • Year Property taxes Tax assessment
  • 2025
    $1,182 +6.2%
    $73,860 +6.11%
  • 2024
    $1,113 +1.0%
    $69,610
  • 2023
    $1,102 +3.7%
    $69,610 +104.68%
  • 2022
    $1,063 +0.8%
    $34,010 +37.3%
  • 2021
    $1,055 -1.1%
    $24,770 +25.93%
  • 2020
    $1,067 +0.2%
    $19,670 +18.0%
  • 2019
    $1,065 +1.7%
    $16,670 +4.38%
  • 2018
    $1,047
    $15,970
  • 921 E Moreland St
    $770K
  • Garfield
    $499K +5% y/y
  • 85006
    $499K 0% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Garfield 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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