2439-2443 E MOBILE Lane, Phoenix, AZ 85040
$445,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$445,000
Last Modified:
8/04/2025
Description
Back On Market! Buyer did not qualify. Excellent 8 unit investment property, ALL 2 BEDROOMS! Currently FULLY RENTED; historically 100% Occupied. Potential to increase rents for even higher returns. All units completely remodeled and renovated, with permits, less than 5 years ago, including roof, dual pane windows, fixtures, dry wall, appliances and individual A/C units. Individually metered, on-site designated parking. High demand rental area - Excellent location with quick access to major freeways, I-10, I-17, US-60, Sky Harbor airport, ASU and a mile away from the Legacy golf resort. Recent rent roll and financials on file.
More Information MLS# 5260368
Contract Info
Current Price: $445,000
Sold Price: $445,000
Status: Closed
List Date: 2015-04-01
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: R35
House Number: 2439-2443
Compass: E
Street Name: MOBILE
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 2685
County Code: Maricopa
Subdivision: BEN-JO ESTATES LOTS 137-158
Assessor Number: 122-54-064-C
Tax Year: 2015
General Property Description
Lot Size Dimensions: 14980
Year Built: 1985
Uncvrd Parking Spcs: 12
Total # of Units: 8
# of Buildings: 4
Zoning: multi
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Roosevelt Elementary School
Jr. High School: Percy L Julian School
High School: South Mountain High School
Remarks Misc
Cross Street: 24th Street and Broadway
Directions: 24th Street South to Mobile Lane. Go East on Mobile Lane to 2443
Geo Lat: 33.401392
Geo Lon: -112.028234
Status Change Info
Off Market Date: 2016-01-03
Under Contract Date: 2016-01-03
Close of Escrow Date: 2016-01-19
Sold Price: $445,000
Legal Info
Township: 1N
Range: 3E
Section: 26
Lot Number: 88
2 Bedroom Units
# 2 Bedroom Units: 8
Avg Rent: 575
Avg SqFt: 700
# Baths: 1
Contact Info
List Agent Home Phn: 602-688-9279
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: Assigned; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner; Projected Proforma; Books Shwn Accpt Ofr
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office: UpTown Realty
Last Updated: August - 04 - 2025
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