2513 N 48TH Place, Phoenix, AZ 85008
$998,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$998,000
Last Modified:
5/23/2025
Description
2513 N 48th Place is a great opportunity to own a fourplex that's centrally located and offers immediate access to both the 143 & 202 Freeways. The property features a standalone 2-Bed / 1-Bath Unit along with a triplex consisting of an additional 2-Bed / 1-Bath and (2) 1-Bed / 1-Bath Units. There is an on-site laundry facility providing additional income along with all units being individually metered for electric (master metered for water/sewer/trash). The property is situated on a corner lot providing ample on-street parking as well as additional private parking along the alleyway. The purchaser can add additional value through installation of in-suite washer & dryers and through exterior renovations to the courtyard!
More Information MLS# 6780621
Contract Info
Current Price: $998,000
List Price: $998,000
Status: Active
List Date: 2024-11-06
Ownership: Fee Simple
Location Tax Legal
House Number: 2513
Compass: N
Street Name: 48TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2545
Country: US
County Code: Maricopa
Assessor Number: 126-17-037
Tax Year: 2024
General Property Description
Lot Size Dimensions: 103ft x 103ft
Year Built: 1958
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 1
Zoning: R3
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Geo Lat: 33.475226
Geo Lon: -111.976621
Status Change Info
Status Change Date: 2024-11-06
Legal Info
Lot Number: 13
Income Expenses
Gross Annual Sch Inc: 70560
Net Operating Income: 55189
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1000
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1400
Avg SqFt: 755
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Other
Sale Includes: Land & Building
Community Features: Other; See Remarks
Appliances Included: Built-In Range; Refrigerator; Washer/Dryer; Other
Heating: Individual
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Carport; On Street; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Projected Proforma; Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: ABI Multifamily
Last Updated: May - 23 - 2025
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