1714 N 32ND Street, Phoenix, AZ 85008
$995,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$995,000
Last Modified:
7/29/2025
Description
A versatile, oversized infill lot in a high-demand submarket with clear options for future expansion or added density. All five units have been fully updated within the past two years, each with in-unit laundry or hookups, and the roof was replaced in 2021. Two units are actively being marketed with strong demand, and full occupancy is expected shortly. Whether you're looking for stabilized cash flow, future redevelopment potential, or a hybrid of both, this property checks all the boxes. Residential financing is available — strong play at this price point.
More Information MLS# 6852303
Contract Info
Current Price: $995,000
List Price: $995,000
Status: Active
List Date: 2025-04-16
Ownership: Fee Simple
Location Tax Legal
House Number: 1714
Compass: N
Street Name: 32ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 7805
County Code: Maricopa
Assessor Number: 120-20-030-A
Tax Year: 2024
General Property Description
Lot Size Dimensions: 60 x 306
Year Built: 1950
Uncvrd Parking Spcs: 9
Total # of Units: 5
# of Buildings: 1
Zoning: R-3
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: The Creighton Academy
Jr. High School: Gateway School
High School: Cesar Chavez High School
Remarks Misc
Cross Street: 32nd Street & McDowell
Directions: From Loop 202, exit north onto 32nd Street. Continue straight, passing through the intersection at McDowell Road. The property will be on your left side.
Geo Lat: 33.467256
Geo Lon: -112.013556
Legal Info
Township: 2N
Range: 3E
Section: 35
Lot Number: N/A
Income Expenses
Gross Annual Sch Inc: 88442.16
Net Operating Income: 33612.87
Showing Notification Methods
Showing Service: Aligned Showings
Efficiency Units
# Efficiency Units: 1
Avg Rent: 935
Avg SqFt: 300
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1420.09
Avg SqFt: 400
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1545
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1950
Avg SqFt: 1000
# Baths: 1
Mobile Home Prk Info
# RV Spaces: 3
Avg Rent RV Spaces: 250
Property Features
Project Type: Four Plex; 5 - 12 Units
Construction: Block
Const - Finish: Cement Siding
Roofing: Composition
Floors: Concrete; Vinyl
Sale Includes: Land & Building
Payment Includes: Principal; Interest
Community Features: No Pool
Exterior Amenities: Fenced; RV/Boat Parking; Satellite Dish
Appliances Included: Free-Standing Electric Oven; Built-In Range; Free-Standing Range; Refrigerator; Disposal; Microwave; Washer/Dryer
Heating: Window/Wall Unit(s)
Cooling: Ceiling Fan(s); Window/Wall Unit
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: >1 Space Per Unit; Add'l Parking Avail; RV Access/Parking; Free
Owner Pays: Trash Collection; See Remarks
Tenant Pays: Water; Sewer; Electricity; Gas; Other (See Remarks)
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: The Firm RE
Last Updated: July - 29 - 2025
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