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Sold on 12/30/2020

928 W Mcdowell Rd, Phoenix, AZ 85007

$639,000

Last sold 12/30/2020 after 69 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 928 W Mcdowell Rd

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Property description
Sold! 12/30/2020, see private remarks. In the Palmcroft neighborhood on the edge of Encanto, Near LRT. Desirable all 2 bedroom mix (677 SF/unit). Upgrades in last five years include tile flooring, kitchen cabinets, kitchen countertops, copper plumbing, glass block. 3 Evap/1HVAC. Rents are: Unit 1-$950 m-t-m, 2-$950 m-t-m, 3-$975 1 yr term, 4-$1025 1 yr term. Partially fenced courtyard area & 1 parking spot/unit. Long-term local owner that has self-managed. Unit showings in escrow. Do not bother tenants. Expenses within are in part estimated. Buyer to complete & rely on own due diligence.
Listed by
Listing Agent - James C Stephens
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#6150174 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Evaporative Cooling, Electric
Heating Other, See Remarks, Electric
MLS # 6150174
Type Multiple Dwellings
Status Closed
Property Tax 1589
Year Built 1940
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Tile
Construction Painted, Block
Parking Carport
# of Open Parking Spaces 3
# of Covered Spaces 1
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision PALMCROFT
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 111-09-015
Zoning R-5
Directions Just West Of 7th Ave On North Side Of McDowell.
Multifamily Details
Total # of Units 4
Expense: Operating 9389
Financial Data Source Owner, Other (See Remarks), Projected Proforma
Expense: Maintenance 2000
Vacancy Allowance 0.03
Expense: Insurance 900
Net Operating Income 36395
Gross Income 45784
Expense: Professional Management 1000
Expense: Water/Sewer 3000
Gross Scheduled Income 47160
Expense: Gardener 900
We are not permitted to show value estimates for this property.
  • May 2022
    Public Records
  • May 4, 2022 Sold
    $1,300,000
  • May 2022
    mls logo MLS # 6373630
  • May 2, 2022 Sold
    $1,300,000 (-1.9%)
  • Mar 25, 2022 Listed
    $1,325,000 (+107.4%)
  • Dec 2020
    mls logo MLS # 6150174
  • Dec 30, 2020 Sold
    $639,000
  • Dec 11, 2020 Pending
    —
  • Nov 19, 2020 Price Change
    $665,000 (-11.3%)
  • Oct 26, 2020 Price Change
    $750,000 (+15.4%)
  • Oct 23, 2020 Price Change
    $650,000 (+8.3%)
  • Oct 22, 2020 Listed
    $600,000
  • Dec 2020
    Public Records
  • Dec 30, 2020 Sold
    $639,000 (-3.9%)
  • Year Property taxes Tax assessment
  • 2024
    $1,658 +4.7%
    $109,080 +81.44%
  • 2022
    $1,583 +0.8%
    $60,120 +41.56%
  • 2021
    $1,571 -1.1%
    $42,470 +9.74%
  • 2020
    $1,589 +0.2%
    $38,700 +8.16%
  • 2019
    $1,587 +1.7%
    $35,780 +44.98%
  • 2018
    $1,560 +2.4%
    $24,680 +32.19%
  • 2017
    $1,524 +3.0%
    $18,670 +8.48%
  • 2016
    $1,480 +8.1%
    $17,210
  • 2015
    $1,369
    —
  • 928 W Mcdowell Rd
    $639K
  • Encanto
    $539K
  • 85007
    $524K -11% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Kenilworth Elementary School
public Grades PK, K-8
Phoenix Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
Central High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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