4450 N LONGVIEW Avenue, Phoenix, AZ 85014

$1,099,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,099,000 Last Modified: 5/21/2025

Description

Polished 5 unit with all good-sized 1 bedroom units. Prime location in the heart of Phoenix. Only 3 Blocks to the Biltmore Corridor edge. 1.7 miles to Uptown Plaza. 2 miles to Biltmore Fashion Park. 2.2 miles to PCH. Blocks to the ''7's'', the 51 & LRT. All newer electrical, plumbing, HVACs & roofs. The units have upgraded interiors as well, including a washer/dryer combo, quartz countertops, white shaker cabinets, & many more amenities. High concentration of professional jobs within 3 miles. As centrally located in the valley as you can get. Excellent rental market for 1 bed units. 🏢 Stabilized 5.8 CAP with 6+ CAP potential. 5 Units all bigger 1BR/1BA (565 SF Ave) 2,824 SF total Interior SF. 12,305 SF Lot. Built 1961/1975. R-3, No tenant disturbances.

More Information MLS# 6866244

Contract Info

Current Price: $1,099,000 List Price: $1,099,000 Status: Active List Date: 2025-05-14 Ownership: Fee Simple

Location Tax Legal

House Number: 4450 Compass: N Street Name: LONGVIEW St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Zip4: 4515 Country: US County Code: Maricopa Subdivision: MEADOWBROOK TRACT BLK 1 Assessor Number: 155-08-019-C Tax Year: 2024

General Property Description

Lot Size Dimensions: 12305 sf Year Built: 1961 Uncvrd Parking Spcs: 10 Total # of Units: 5 # of Buildings: 2 Zoning: R-3 Flood Zone: No Elementary School District: Madison Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: Campbell & 16th St Directions: Camelback Corridor. Exit Highland Ave off Hwy 57. Geo Lat: 33.501748 Geo Lon: -112.054709

Status Change Info

Status Change Date: 2025-05-14

Legal Info

Township: 2N Range: 3E Section: 21 Lot Number: 16

Income Expenses

Gross Annual Sch Inc: 75504 Net Operating Income: 64311

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 5 Avg Rent: 1258.4 Avg SqFt: 565 # Baths: 1

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks) Community Features: No Pool; Other; See Remarks Exterior Amenities: Landscape Wtr System; Green Landscaping; Desert Landscaping; Partially Fenced; Cable TV Available; Other (See Remarks) Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Other (See Remarks) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Central; Heat Pump Cooling: Electric; Heat Pump; Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner; Projected Proforma; Other (See Remarks) Lockbox Type: None Existing 1st Loan: Other (See Rmks) Existing 1st Ln Type: Adjustable/Graduated 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; Conventional Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: May - 21 - 2025
4450 N LONGVIEW Avenue, Phoenix, AZ 85014- MLS# 6866244
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