909 E MARLETTE Avenue, Phoenix, AZ 85014
$300,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$300,000
Last Modified:
5/14/2025
Description
AN OPPORTUNITY LIKE THIS DOESN'T COME ALONG EVERY DAY. THIS 4-PLEX LOCATED IN THE VERY POPULAR CENTRAL CORRIDOR IS A GREAT AFFORDABLE INVESTMENT POSSIBILITY WITH HUGE POTENTIAL! TENANTS HAVE BEEN IN PLACE FOR YEARS AND ARE HAPPY WHERE THEY ARE. OPEN YOUR FRONT DOOR AND HEAD OUT TO YOUR OWN GATED POOL! COMPLEX NEEDS A LITTLE TLC BUT THE MID-CENTURY CHARM IS WONDERFUL. DON'T PASS UP THIS AWESOME INCOME PRODUCING INVESTMENT!
More Information MLS# 5361429
Contract Info
Current Price: $300,000
Sold Price: $300,000
Status: Closed
List Date: 2015-11-11
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: N34
House Number: 909
Compass: E
Street Name: MARLETTE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 1511
Country: US
County Code: Maricopa
Subdivision: ROSE LANE PARK
Assessor Number: 161-15-064
Tax Year: 2015
General Property Description
Lot Size Dimensions: 11930
Year Built: 1958
Total # of Units: 4
# of Buildings: 1
Zoning: VERIFY
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 9TH ST & BETHANY HOME
Directions: BETHANY HOME TO 9TH ST AND NORTH TO MARLETTE.
Geo Lat: 33.528914
Geo Lon: -112.062032
Status Change Info
Status Change Date: 2016-02-20
Off Market Date: 2016-02-20
Under Contract Date: 2016-01-19
Close of Escrow Date: 2016-02-19
Sold Price: $300,000
Legal Info
Township: 2N
Range: 3E
Section: 9
Lot Number: 3
Income Expenses
Net Operating Income: 21000
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 550
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 620
Avg SqFt: 725
# Baths: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 8500
Seller Concession $/%: $
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Pool Equipment; Laundry Equipment
Community Features: Pool
Appliances Included: Built-In Range; Refrigerator; Washer/Dryer
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric
Water Source: Irrigation; Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport
Owner Pays: Water; Gas; Trash Collection; Pool Maintenance
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
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: No Carry; Other (See Remarks)
Environmental: None
Listing Office: West USA Realty
Last Updated: May - 14 - 2025
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