6221 N 13TH Place, Phoenix, AZ 85014
$950,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$950,000
Last Modified:
8/16/2025
Description
3-unit multifamily opportunity located in one of the most desirable neighborhoods of Phoenix. Originally built in 1960, this asset features (3) large 2-bedroom, 2-bathroom units measuring approximately 936 sq. ft. each with private patios. 2 of the 3 units are currently occupied at an average rent of $1,770 per unit. The 3rd unit is a fully furnished, remodeled, and vacant unit with both a front and back patio and makes a great short term rental prospect. The property also features on-site laundry, covered parking, and a detached 400 sq. ft. storage/workshop building that could potentially be converted to a studio unit. 6221 N 13th Pl presents a unique opportunity with considerable upside potential. Seller financing offers will be considered.
More Information MLS# 6904236
Contract Info
Current Price: $950,000
Sold Price: $950,000
Status: Closed
List Date: 2025-08-04
Ownership: Fee Simple
Location Tax Legal
House Number: 6221
Compass: N
Street Name: 13TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 1785
County Code: Maricopa
Subdivision: EDEN ACRES LOT 1-8
Assessor Number: 161-12-065
Tax Year: 2023
General Property Description
Lot Size Dimensions: 9125 sq ft
Year Built: 1960
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 2
Zoning: R3
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 12th St & Rose Lane
Geo Lat: 33.528167
Geo Lon: -112.052068
Status Change Info
Off Market Date: 2025-08-11
Under Contract Date: 2025-08-11
Close of Escrow Date: 2025-08-15
Sold Price: $950,000
Legal Info
Township: 2N
Range: 3E
Section: 9
Block: 1002
Lot Number: 4
Income Expenses
Gross Annual Sch Inc: 73200
Net Operating Income: 54912
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1770
# Baths: 6
Sold Info
Loan Type: Other
Loan Years: 7
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Wtr System; Green Landscaping; Desert Landscaping; Fenced; Partially Fenced; Cable TV Available; Separate Storage; Security Light(s)
Interior Amenities: Furnished; Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer
Heating: Central; Heat Pump
Cooling: Electric; Heat Pump; Individual
Water Source: City Franchise; Irrigation; Master Meter; Other; See Remarks
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport; >1 Space Per Unit; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Non Assumable
New Financing: Cash; VA; FHA; Conventional; Owner May Carry
Environmental: None
Listing Office: Matthews Real Estate Investment Services
Last Updated: August - 16 - 2025
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