1714 N 32ND Street, Phoenix, AZ 85008

$995,000
Property Type: Multiple Dwellings Status: Active
Current Price: $995,000 Last Modified: 8/26/2025

Description

5 Units » All Units Updated in the past 2 years » In-Unit Laundry/Hook-Ups » New Roof 2021 » Massive Lot for Expansion » High-Demand Area » Growth Play » Collect cash flow while planning your value-add or expansion strategy. (NOI reflects full lease-up, which we're approaching through ongoing marketing efforts and prospective tenant applications.)

More Information MLS# 6904379

Contract Info

Current Price: $995,000 List Price: $995,000 Status: Active List Date: 2025-08-11 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: 306' x 60' Year Built: 1950 Uncvrd Parking Spcs: 12 Total # of Units: 5 # of Buildings: 1 Zoning: R3 Flood Zone: No Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: E McDowell Rd & N 32nd St Directions: North of McDowell on 32nd. Property is on your left. Driveway is to the north of the building with additional parking in the back. 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: 67021.11 Net Operating Income: 40075.97

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: 1 Avg Rent: 1420 Avg SqFt: 400 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1545 Avg SqFt: 800 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 1730 Avg SqFt: 1000 # Baths: 1

Property Features

Project Type: 5 - 12 Units Construction: Block; Wood Frame Const - Finish: Brick Veneer Roofing: Composition Floors: Concrete; Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Patio/Balcony Interior Amenities: Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; W/D Hookup Cooling: Ceiling Fan(s); Window/Wall Unit; Central Air; 2 or More Units Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: SW Gas Parking Features: <1 Space Per Unit; Add'l Parking Avail; RV Access/Parking; Free Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Ln Type: Fixed Existing 1st Ln Trms: Non Assumable Existing 2nd Loan: Other (See Remarks) Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; FHA; Conventional; No Carry; 1031 Exchange Environmental: None
Listing Office: The Broker Reserve LLC
Last Updated: August - 26 - 2025
1714 N 32ND Street, Phoenix, AZ 85008- MLS# 6904379
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