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Sold on 01/10/2025

936 W Mountain View Rd, Phoenix, AZ 85021

$2,750,000

Last sold 01/10/2025 after 93 Days

  • 32

    bed

  • 16

    bath

Multi-family not for sale
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About 936 W Mountain View Rd

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Property description
16-unit multifamily opportunity located in the North Mountain Submarket of Phoenix, AZ. Originally built in 1965 and renovated in 2018, this asset is strategically positioned near the base of North Mountain, near many economic drivers such as the I-17 employment corridor, $1B redevelopment of the Metrocenter, and the North Mountain Redevelopment Area (NMRA). Additionally, the property consists of a desirable unit mix of 100% two-bedroom, one-bathroom floorplans across 4 separately parceled Fourplexes, allowing for residential or commercial financing. Community amenities include an on-site laundry facility, private patios, and a community common area where there is potential to build additional units.
Listed by
Listing Agent - Bradley Skenderian
Listing Office - Matthews Real Estate Investment Services
Source: ARMLS mls logo
MLS#6770776 • last updated 1 year ago
Movoto checked ARMLS for data 42 minutes ago
Overview
Cooling/AC Individual
Heating Individual
MLS # 6770776
Type Multiple Dwellings
Status Closed
Property Tax 877
Year Built 1965
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Dishwasher, Refrigerator, Microwave
Exterior
Roof Composition
Construction Wood Frame, Stucco
Parking Other
# of Open Parking Spaces 18
Amenities / Utilities
Water Source Submetered System
Sewer/Septic Public Sewer
Location
Subdivision IRONWOOD PLACE
Community Features No Pool
Elementary School District Washington Elementary District
High School District Glendale Union High School District
APN 158-29-201
Zoning R-4
Multifamily Details
Total # of Units 16
Expense: Operating 877
Financial Data Source Owner
Net Operating Income 175346
Gross Income 252417
Gross Scheduled Income 243840
We are not permitted to show value estimates for this property.
  • Jan 2025
    mls logo MLS # 6770776
  • Jan 10, 2025 Sold
    $2,750,000 (-5.0%)
  • Oct 9, 2024 Listed
    $2,895,000
  • May 2024
    mls logo MLS # 6708920
  • May 22, 2024 Listed
    $2,895,000 (+44.8%)
  • Dec 2019
    mls logo MLS # 5984257
  • Dec 13, 2019 Sold
    $1,999,000 (+4659.5%)
  • May 2011
    mls logo MLS # 4549517
  • May 24, 2011 Sold
    $42,000 (-12.3%)
  • Mar 9, 2011 Listed
    $47,900
  • Year Property taxes Tax assessment
  • 2024
    $893 +1.8%
    $59,550
  • 2023
    $877 +3.4%
    $59,550 +37.82%
  • 2022
    $848 -1.3%
    $43,210 +46.38%
  • 2021
    $859 +2.6%
    $29,520 +24.82%
  • 2020
    $838 +1.9%
    $23,650 +14.92%
  • 2019
    $823 +2.7%
    $20,580 +17.94%
  • 2018
    $801 +0.5%
    $17,450 +19.68%
  • 2017
    $797 +1.8%
    $14,580 +16.36%
  • 2016
    $783 +8.0%
    $12,530
  • 2015
    $725
    —
  • 936 W Mountain View Rd
    $2.75M
  • North Mountain
    $389K -3% y/y
  • 85021
    $490K -24% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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