1702 W YUMA Street, Phoenix, AZ 85007
New Listing
$539,900
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$539,900
List Date:
7/04/2025
Last Modified:
7/04/2025
Description
Don't miss this prime multi-family investment opportunity in a centrally located area near 19th Ave and Buckeye. This fully leased 4-plex features four 1-bedroom, 1-bathroom unit each equipped with a stove and refrigerator, included with all leases. Tenants pay a ¼ share of the City of Phoenix water, sewer, and trash bill, while electricity is individually metered, simplifying utility management. The property has seen major updates and diligent maintenance over the past five years, with strong records to support its excellent condition. Each unit is currently leased with roughly nine months or more remaining on all contracts, providing stable income. Professionally managed by an experienced and reliable property manager, this property offers turnkey ownership with peace of mind.
Supplements: A solid, low-maintenance investment in a high-demand location.
More Information MLS# 6888486
Contract Info
Current Price: $539,900
List Price: $539,900
Status: Active
List Date: 2025-06-28
Ownership: Fee Simple
Location Tax Legal
House Number: 1702
Compass: W
Street Name: YUMA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3829
County Code: Maricopa
Subdivision: CALLAWAY TRACT
Assessor Number: 105-04-001
Tax Year: 2024
General Property Description
Lot Size Dimensions: 9632
Year Built: 1983
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: 4-PLEX
Flood Zone: No
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Elementary School: Arthur M Hamilton School
Jr. High School: Arthur M Hamilton School
High School: Central High School
Remarks Misc
Cross Street: 17TH AVE AND BUCKEYE
Directions: SOUTH ON 17TH AVE TO PROPERTY. PROPERTY ON N/W CORNER OF 17TH AVE AND BUCKEYE
Geo Lat: 33.435209
Geo Lon: -112.095862
Legal Info
Township: 1N
Range: 3E
Section: 18
Lot Number: 1
Cnty Rcrd Bk & Pg #: 3541
Income Expenses
Gross Annual Sch Inc: 47104.2
Net Operating Income: 42088
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 611.5
Avg SqFt: 416
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Heat Pump
Cooling: Electric; Heat Pump; Central Air
Water Source: City Franchise; Master Meter; See Remarks
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: 1 Space/Unit
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Accept Backups (CLO)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: FHA
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Assume - Qualify
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Coldwell Banker Realty
Last Updated: July - 04 - 2025
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