For Sale Multi-Family MLS# 6986269

1425 E ROOSEVELT Street

Phoenix, AZ 85006

$719,000

About 1425 E ROOSEVELT Street

Four-unit income property with in-place rents of $61,287 annually and low operating expenses. Unit mix includes (1) studio, (1) 1BD/1BA, and (2) 2BD/1BA units, all comprehensively updated with new flooring, cabinetry, countertops, walk-in showers, and stainless appliances. The studio was fully rebuilt, creating a turnkey asset with no deferred maintenance. All units are individually metered for electricity, water, and gas, keeping expenses low and NOI clean. Ideal for owner-occupants using VA or FHA financing or investors seeking a stabilized, low-maintenance asset. Rent roll and financials available upon request.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1946
Original price
$820,000
MLS #
6986269

Interior

Features
Other, Laminate, Other, Concrete
Flooring
Laminate, Other, Concrete
Heating
Other
Cooling
Other

Exterior & lot

Features
>1 Space Per Unit, Parking spaces: 4
Construction
Wood Frame, Painted, Block, Composition
Roof
Composition
Lot
R-5, 11619121
Parking
>1 Space Per Unit

Schools

District
Phoenix Elementary District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$823
Tax year
2025
Parcel
11619121

Location

Subdivision
KLECK TRACT
County
Maricopa
Neighborhood
Garfield
Community
Maricopa, Gravel, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District

Location

Neighborhood
Garfield
Subdivision
KLECK TRACT
School district
Phoenix Elementary District

Ask about this property

Questions on 1425 E ROOSEVELT Street, Phoenix, AZ 85006, or want to see it in person?

Listed by Andrew Arambula, ABI Multifamily

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.