$500,000
Phoenix, AZ 85041
MLS# 7040737
1 / 16
Property Description
Tri-Plex in Phoenix with three rented units! There are two one bedroom one bathroomn units and a two bedroom one bathroom. Each unit has their own gated yards, living rooms, kitchens, and a paved parking area. AC units have been replaced in the last two years.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $500,000
List Price: $500,000
Status: Active
List Date: 2026-06-11
Location, Tax & Legal
Assessor's Map #: 6
Legal Description (Abbrev): LOT 5 AVENEL MCR 002207
Assessor's Parcel #: 6
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 115400
Taxes: 738
Legal: LOT 5 AVENEL MCR 002207
Marketing Name: Tri-plex in Phoenix!
House Number: 24
Compass: W
Street Name: FULTON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85041
Zip4: 1234
Country: US
County Code: Maricopa
Subdivision: AVENEL
Assessor Number: 113-06-006
Tax Year: 2025
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 134.62 x 52.95
Flood Zone: TBD
Total # of Units: 3
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Cesar E Chavez Community School
Jr. High School: Cesar E Chavez Community School
High School: South Mountain High School
Year Built: 1948
Zoning: A-1
Legal Info
Range: 3E
Section: 20
Township: 1N
Lot Number: 5
Project Type
Tri-Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Concrete: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 738
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 46728
Pmt & Rate Info
Cap Rate: 5.45
Equity: 500000
Down Payment %: 3.5
Monthly Payments: 1319
Total Owed: 0
Payment Includes
Principal: 1
Interest: 1
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Evaporative Cooling: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Free-Standing Gas Oven: 1
Refrigerator: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Off Street: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
Existing 1st Loan
FHA: 1
Existing 1st Loan Type
Fixed: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1337
Avg SqFt: 599
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1420
Avg SqFt: 574
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Central and Fulton St/Broadway Rd
Directions: North of Broadway on Central Ave, west on Fulton St, property is located on the north side
Geo Lat: 33.412884
Geo Lon: -112.074556
Income Expenses
Gross Annual Sch Inc: 46728
Net Operating Income: 27247
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Concrete
Sale Includes: Other (See Remarks)
Payment Includes: Principal; Interest
Community Features: No Pool
Appliances Included: Free-Standing Gas Oven; Refrigerator
Cooling: Evaporative Cooling
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Off Street
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: FHA
Existing 1st Loan Type: Fixed
New Financing: Cash; Conventional
Environmental: None
Listing Office: Realty ONE Group
Last Updated: June - 12 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.