321 N 40TH Avenue, Phoenix, AZ 85009
$360,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$360,000
List Date:
7/21/2023
Last Modified:
5/07/2025
Description
All Brick Tri-Plex - Three Units - All the Same in a Row - Identical w/720 Sq Ft - All with Tiled Floors - 2 Bdrm - Each w/One Full Bath - Three Storage Closets at the End of the Building - Mature Vegetation on South Side of Property for Privacy and Sun Screen - Privacy Courtyard for Tenants to Share - Opened Covered Space for Community Storage - No Laundry Facilities - Property has been mismanaged for quite sometime - No current rent records for utilities,
rents collected and property disclosures - Probate property with lack of information - Owner deceased - Last rents collected were $850 p/mth Units 1 & 3 - $1150 p/mth for Unit #2 - Check Rent Rolls for Neighborhood
More Information MLS# 6583112
Contract Info
Current Price: $360,000
Sold Price: $360,000
Status: Closed
List Date: 2023-07-09
Ownership: Fee Simple
Location Tax Legal
House Number: 321
Compass: N
Street Name: 40TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 8010
Country: US
County Code: Maricopa
Subdivision: Metes & Bounds - No lot #
Assessor Number: 106-03-066
Tax Year: 2022
General Property Description
Lot Size Dimensions: Metes & Bounds
Year Built: 1968
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 1
Zoning: Multi Fam - R-3
Flood Zone: No
Elementary School District: Isaac Elementary District
High School District: Phoenix Union High School District
Elementary School: Isaac E Imes School
Remarks Misc
Cross Street: Van Buren & 40th Ave
Directions: North on 40th Ave - Property on Right
Geo Lat: 33.452446
Geo Lon: -112.144973
Status Change Info
Status Change Date: 2023-08-19
Off Market Date: 2023-07-21
Under Contract Date: 2023-07-21
Close of Escrow Date: 2023-08-18
Sold Price: $360,000
Legal Info
Township: 1N
Range: 2E
Section: 3
Lot Number: 486
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1000
Avg SqFt: 720
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 4500
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Brick
Const - Finish: Other (See Remarks)
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: See Remarks
Exterior Amenities: Partially Fenced; Separate Storage
Interior Amenities: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Ceiling; Natural Gas
Cooling: Ceiling Fan(s); Heat Pump
Water Source: Master Meter
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: 1 Space/Unit; Paved
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Owner
Lockbox Type: Supra
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
New Financing: Conventional
Environmental: None
Listing Office: RE/MAX Fine Properties
Last Updated: May - 07 - 2025
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