1012 E Pierson Street, Phoenix, AZ 85014
$919,900
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$919,900
Last Modified:
9/16/2025
Description
*8.1% Gross Cap* 3 Units, 2 Buildings on One Parcel, Great unit mix with large units! Built in 1942 & NEWLY BUILT in 2025. Front building boasts a duplex that Consists of (1) 3-Bed / 2-Bath Unit & (1) 2-Bed / 2-Bath Unit, & (1) 3-Bed/2-Bath Casita. Each unit features a fully upgraded interior With white quartz countertops, luxury vinyl-plank flooring throughout, subway tile showers, stainless steel appliance package, & in-suite washer / dryer in every unit. exterior upgrades include new paint, stucco & new windows, 3 new AC units, new roofs and Private FENCED YARDS for all units. LARGE WALK-IN CLOSETS. Located just outside Biltmore close to uptown, Dining hotspots & entertainment options are plentiful in the well located centralized area.. Floor plans available and uploaded.
More Information MLS# 6919978
Contract Info
Current Price: $919,900
List Price: $919,900
Status: Active
List Date: 2025-09-15
Ownership: Fee Simple
Location Tax Legal
House Number: 1012
Compass: E
Street Name: Pierson
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
County Code: Maricopa
Assessor Number: 155-11-092
Tax Year: 2024
General Property Description
Lot Size Dimensions: 7568 sqft
Year Built: 1942
Uncvrd Parking Spcs: 5
Total # of Units: 3
# of Buildings: 2
Zoning: R-3
Flood Zone: No
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Richard Simis School
Jr. High School: Madison Meadows School
High School: Central High School
Remarks Misc
Cross Street: CAMELBACK/11TH STREET
Geo Lat: 33.507658
Geo Lon: -112.05945
Legal Info
Lot Number: 16
Income Expenses
Gross Annual Sch Inc: 74484
Net Operating Income: 70759
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 2064
Avg SqFt: 1100
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2071
Avg SqFt: 1100
# Baths: 2
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Heat Pump
Cooling: Ceiling Fan(s); Central Air
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Paved
Owner Pays: Water
Tenant Pays: Water; Sewer; Electricity
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Gentry Real Estate
Last Updated: September - 16 - 2025
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