$634,000
Phoenix, AZ 85029
MLS# 7014247
1 / 2
Property Description
DO NOT DISTURB TENANTS!!! 48HR MIN NOTICE. LANDLORDS HAVE CONTINUOUSLY IMPROVED THE PROPERTY SINCE THEY'VE OWNED THEM. ASK FOR A LIST OF UPDATES. PERFECT FOR OWNER OCCUPANCY ON ONE AND RENT THE OTHER 2; AS THE LEASES ARE EXPIRING IN JUNE. PLEASE NOTE THAT THE TENANTS WOULD LOVE TO EXTEND THEIR LEASE AS THEY HAVE BEEN LOYAL RENTERS. THESE ARE 2 SEPARATE BUILDINGS. THE FRONT BUILDING IS A STAND ALONE UNIT AND A LITTLE LARGER. THE REAR BUILDING HAS 2 ATTACHED UNITS. EACH OF THE 3 UNITS HAS 2 BEDROOMS & 1 BATH ALONG WITH A COVERED PARKING SPOT, STORAGE/LAUNDRY ROOM & A GENEROUS SIZED BACK YARD. THESE BUILDINGS ARE SOLID SLUMP BLOCK BUILT THAT ARE IN GREAT CONDITION THAT CAN CONTINUE TO STAND THE ARIZONA HEAT WITH PROPER CARE & MAINTENANCE FOR A LONG LONG TIME!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $634,000
List Price: $634,000
Status: Active
List Date: 2026-04-15
Location, Tax & Legal
Assessor's Map #: 14
Legal Description (Abbrev): DESERT COVE EXTENSION MCR 31-34 POR OF LT 3 DAF COM INT 17TH AVE & DESERT COVE AVE TH E 442.07F TH S
Assessor's Parcel #: 8
Assessor Parcel Ltr: J
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103615
Taxes: 1831
Legal: DESERT COVE EXTENSION MCR 31-34 POR OF LT 3 DAF COM INT 17TH AVE & DESERT COVE AVE TH E 442.07F TH S
Marketing Name: TRIPLEX ON DESERT COVE
House Number: 1615
Compass: W
Street Name: DESERT COVE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 4851
County Code: Maricopa
Subdivision: DESERT COVE EXTENSION LOTS 5-12 21 24-28
Assessor Number: 159-14-008-J
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 3
Lot Size Dimensions: (147.99 x 60.01) Refer to tax records to confirm
Flood Zone: No
Total # of Units: 3
High School District: Glendale Union High School District
Year Built: 1974
Zoning: Multi
Legal Info
Range: 3E
Section: 19
Township: 3N
Lot Number: 3
Project Type
Tri-Plex: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Slump Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1831
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 48000
Pmt & Rate Info
Cap Rate: 2.77
Equity: 634000
Down Payment %: 0
Monthly Payments: 2772.48
Total Owed: 0
Payment Includes
Principal: 1
Interest: 1
Taxes: 1
Insurance: 1
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Partially Fenced: 1
Curb(s) & Gutter(s): 1
Satellite Dish: 1
Cable TV Available: 1
Sidewalk(s): 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Vertical Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Carport: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
Special
Accept Backups (CLO): 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1333.33
Avg SqFt: 661
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 19th Ave & Peoria
Directions: North on 19th Ave., east on Desert Cove to property.
Geo Lat: 33.585452
Geo Lon: -112.094009
Income Expenses
Gross Annual Sch Inc: 48000
Net Operating Income: 17552
Property Features
Project Type: Tri-Plex
Other Type: House + Rental Units
Construction: Block; Slump Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Payment Includes: Principal; Interest; Taxes; Insurance
Community Features: No Pool
Exterior Amenities: Partially Fenced; Curb(s) & Gutter(s); Satellite Dish; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage
Interior Features: Unfurnished; Vertical Blinds
Appliances Included: Free-Standing Range; Refrigerator; Microwave; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: SW Gas
Parking Features: Carport; Add'l Parking Avail
Road Surface Type: Gravel; Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Special: Accept Backups (CLO)
Lockbox Type: See Private Remarks
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable; Not Applicable
New Financing: Cash; VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: Coldwell Banker Realty
Last Updated: April - 15 - 2026
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