313 W JONES Avenue, Phoenix, AZ 85041
$1,450,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,450,000
Last Modified:
6/05/2025
Description
Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. 313 W Jones Ave - 20 units ($1,500,000)-(9) 2 bed / 1 bath & (11) 1 bed / 1 bath. 4012 S 3rd Ave (MLS: 6830702) - 2-unit duplex ($159,900) 4014 S 3rd Ave (Coming soon) - 2 additional units If acquired together, these properties offer a total of 24 multifamily units. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!
More Information MLS# 6838625
Contract Info
Current Price: $1,450,000
List Price: $1,450,000
Status: Active
List Date: 2025-03-19
Ownership: Fee Simple
Location Tax Legal
House Number: 313
Compass: W
Street Name: JONES
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85041
Zip4: 1264
Country: US
County Code: Maricopa
Subdivision: SOUTHGATE PARK
Assessor Number: 113-04-018
Tax Year: 2024
General Property Description
Lot Size Dimensions: 120 X 240
Year Built: 1944
Uncvrd Parking Spcs: 30
Total # of Units: 20
# of Buildings: 14
Zoning: R3
Flood Zone: No
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
High School: South Mountain High School
Remarks Misc
Cross Street: S Central Ave & W Broadway Rd
Directions: Head south on S Central Ave, Turn right onto W Jones Ave. Property will be on the right.
Geo Lat: 33.41053
Geo Lon: -112.078634
Status Change Info
Status Change Date: 2025-03-20
Legal Info
Township: 1N
Range: 3E
Section: 20
Lot Number: 1
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 480-785-5612
Property Features
Project Type: 13 - 24 Units
Other Type: House + Rental Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Other
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: See Remarks
Heating: See Remarks
Cooling: See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: Other (See Remarks)
Parking Features: Other
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Other (See Remarks)
Environmental: None
Listing Office: JM Realty
Last Updated: June - 05 - 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.