1552 W MCDOWELL Road, Phoenix, AZ 85007
$814,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$814,000
Last Modified:
8/04/2025
Description
Presenting 1552 W McDowell Rd, a well-maintained multifamily property ideally situated in the heart of Central Phoenix. This income-producing asset offers strong fundamentals, excellent visibility, and proximity to major employment hubs, cultural landmarks, and freeway access.
The property consists of multiple renovated units, each featuring private entrances, updated finishes, and efficient layouts. With a mix of 1-bedroom and 2-bedroom floorplans, the building caters to a wide tenant base seeking affordability and convenience in an urban setting
More Information MLS# 6832594
Contract Info
Current Price: $814,000
List Price: $814,000
Status: Active
List Date: 2025-03-08
Ownership: Fee Simple
Location Tax Legal
House Number: 1552
Compass: W
Street Name: MCDOWELL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 1639
County Code: Maricopa
Subdivision: FAIRVIEW PLACE BLKS 1-4 FOR LOT 2 SEE 118-49
Assessor Number: 111-07-127
Tax Year: 2024
General Property Description
Lot Size Dimensions: 00000
Year Built: 1946
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 1
Zoning: R3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Geo Lat: 33.466113
Geo Lon: -112.093622
Legal Info
Township: 2N
Range: 3E
Section: 31
Lot Number: 101
Income Expenses
Gross Annual Sch Inc: 61200
Net Operating Income: 62640
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1200
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1350
Avg SqFt: 600
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Other (See Remarks)
Community Features: No Pool; Other
Appliances Included: Refrigerator
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: On Street; Paved
Owner Pays: See Remarks
Tenant Pays: Water; Sewer; Electricity; Trash Collection
Source of Fincl Data: Projected Proforma
Lockbox Type: None
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Gile Commercial Real Estate
Last Updated: August - 04 - 2025
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