$1,900,000
Phoenix, AZ 85006
MLS# 6925791

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Property Description
1341 East Polk Street is a five-unit multifamily property in Phoenix's vibrant Garfield Historic District. Built in 2017, it offers a mix of spacious three-bedroom units—most with three baths—and features two-car garages, private balconies, and in-unit laundry. Residents enjoy modern finishes, open layouts, and walkable access to shops, dining, and culture, just 10 minutes from Sky Harbor Airport. Individually metered utilities reduce owner costs, while light cosmetic upgrades and modest rent increases provide a clear path to income growth and long-term upside.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,900,000
List Price: $1,900,000
Status: Active
List Date: 2025-09-27
Location, Tax & Legal
Assessor's Map #: 25
Assessor's Parcel #: 178
Add'l Parcels: Yes
Tax Municipality: Maricopa - COUNTY
Taxes: 12681
Legal: LOT 101 EASTLAKE GARFIELD COMMONS CONDOMINIUM MCR 131126
Marketing Name: 1341 E Polk Street
House Number: 1341
Compass: E
Street Name: Polk
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
County Code: Maricopa
Assessor Number: 116-25-178
Tax Year: 2024
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 4279
Flood Zone: No
Total # of Units: 5
Year Built: 2017
Zoning: R-3
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Steel Frame: 1
Const - Finish
Stucco: 1
Roofing
Tile: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 12681
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Total Monthly Rental Income: 0
Pmt & Rate Info
Equity: 2050000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0
Payment Includes
Principal: 1
Interest: 1
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
Lockbox Type
Other: 1
Community Features
No Pool: 1
Barbecue: 1
Heating
Electric: 1
Cooling
Central Air: 1
Exterior Amenities
Green Landscaping: 1
Desert Landscaping: 1
Patio/Balcony: 1
Other (See Remarks): 1
Interior Features
Fire/Smoke Alarm(s): 1
Tenant Pays
Water: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
>1 Space Per Unit: 1
Garage Door Opener: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 5
Avg Rent: 2450
Avg SqFt: 1202
# Baths: 3
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.452424
Geo Lon: -112.052885
Legal Info
Lot Number: 101
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame; Steel Frame
Const - Finish: Stucco
Roofing: Tile
Floors: Ceramic Tile
Sale Includes: Land & Building
Payment Includes: Principal; Interest
Community Features: No Pool; Barbecue
Exterior Amenities: Green Landscaping; Desert Landscaping; Patio/Balcony; Other (See Remarks)
Interior Features: Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Central Air
Water Source: Individual Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: Garage; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail
Road Surface Type: Asphalt; Concrete
Owner Pays: Trash Collection; Landscaping
Tenant Pays: Water; Electricity
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: Other
New Financing: Cash; Conventional
Environmental: None
Listing Office: ABI Multifamily
Last Updated: April - 16 - 2026
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