Movoto Real Estate
Sold on 11/01/2024

921 E Weldon Ave, Phoenix, AZ 85014

  • $1,768,000

    Last sold 11/01/2024 after 38 Days

  • 12

    bed

  • 7

    bath

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

About 921 E Weldon Ave

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Property description
This small complex is very appealing! The 2 triplexes built in 1981 are newer than most buildings in the area. The apartments are more spacious than many. The 1920's home is a 1 bedroom + den. There is also a studio cottage. Total square footage combined is 6388 and is well priced at $297.43 per sq. foot. Price per door is $237,500. There are 8 covered parking spaces & 3 uncovered spots. Each apartment has its own private rear yard & storage room with washer/dryer hook-ups. Grounds are peaceful and green. Tenants tend to stay. Roofs new in 2022. Well located adjacent to uptown and midtown, 921, 925 and 929 E. Weldon Ave. together make up this unique 8 unit complex which must be sold together. Residential financing may be available. 1031 exchange buyers welcome. Great upside potential!
Listed by
Listing Agent - Selena McCollum
Listing Office - Spotlight Realty, LLC
Source: ARMLS mls logo
MLS#6761622 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
MLS # 6761622
Type Multiple Dwellings
Status Closed
Property Tax 4018
Year Built 1981
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Other, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
Exterior
Roof Composition, Rolled/Hot Mop
Construction Other, Painted, Stucco
Parking Add'l Parking Avail, Attached, >1 Space Per Unit, Carport
# of Open Parking Spaces 3
# of Covered Spaces 8
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision LA PUNTA
Community Features See Remarks
Elementary School Longfellow Elementary School
Elementary School District Osborn Elementary District
Middle School Osborn Middle School
High School District Phoenix Union High School District
High School North High School
APN 118-18-004-A
Zoning Each Parcel R-3
Directions From 7th Street, South Of Indian School Go East On Weldon. Located On The Right Just Before The Street Goes To The Left. The Complex Consists Of 921, 925 & 929 E. Weldon Ave.
Multifamily Details
Total # of Units 8
Expense: Operating 35018
Financial Data Source Owner
Expense: Maintenance 3000
Vacancy Allowance 0.03
Expense: Insurance 5400
Net Operating Income 82837
Gross Income 117855
Expense: Professional Management 12000
Expense: Water/Sewer 7400
Gross Scheduled Income 121500
Expense: Gardener 3200
We are not permitted to show value estimates for this property.
  • Nov 2024
    mls logo MLS # 6761622
  • Nov 1, 2024 Sold
    $1,768,000 (-6.9%)
  • Oct 12, 2024 Active
  • Sep 24, 2024 Listed
    $1,900,000
  • 921 E Weldon Ave
    $1.76M
  • Encanto
    $539K
  • 85014
    $460K -18% y/y
  • Phoenix
    $474K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • 921 E Weldon Ave
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