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2617 E PORTLAND Street, Phoenix, AZ 85008
$413,000

Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$413,000
List Date:
5/31/2024
Last Modified:
5/22/2025
Description
This is an incredible chance for investors to acquire two Tri-Plexes or a buyer to live in one unit and use residential financing, there are two (2) Tri-Plexes ideally should be purchased together or can be purchased separately - adjacent property at 2619 E. Portland St. These Tri-Plexes feature single-level layouts, ACs were done in 2013, front and rear entrances, and are conveniently situated near the 202 Freeway and very near a Hospital, just east of 24th Street. Enjoy a shared courtyard and private secure parking in the rear. Each building comprises two one-bedroom/one-bath units and one two-bedroom/one-bath unit.
More Information MLS# 6711916
Contract Info
Current Price: $413,000
Sold Price: $413,000
Status: Closed
List Date: 2024-05-28
Ownership: Fee Simple
Location Tax Legal
House Number: 2617
Compass: E
Street Name: PORTLAND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4994
Country: US
County Code: Maricopa
Subdivision: DEL REY LOTS 101-140
Assessor Number: 121-76-081-E
Tax Year: 2023
General Property Description
Lot Size Dimensions: 6643
Year Built: 1958
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 1
Zoning: Multi
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Creighton Elementary School
Remarks Misc
Cross Street: 24th Street
Directions: 24th Street/McDowell Directions: South to Portland
Geo Lat: 33.460146
Geo Lon: -112.025076
Status Change Info
Status Change Date: 2024-06-26
Off Market Date: 2024-06-21
Under Contract Date: 2024-05-30
Close of Escrow Date: 2024-06-25
Sold Price: $413,000
Legal Info
Township: 1N
Range: 3E
Section: 2
Lot Number: 131
Income Expenses
Gross Annual Sch Inc: 33420
Net Operating Income: 25065
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 995
Avg SqFt: 685
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 895
Avg SqFt: 550
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 995
Avg SqFt: 550
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Buyer - B
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Payment Includes: Taxes; Insurance
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Amenities: Unfurnished
Appliances Included: None
Heating: Natural Gas
Cooling: Evaporative Cooling
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: <1 Space Per Unit
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Other (See Remarks)
Special: Accept Backups (CLO)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Other
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: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: HomeSmart
Last Updated: May - 22 - 2025

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