$723,800

1015 S 1ST Avenue, Phoenix, AZ 85003

Multi-Family Home
Built in 1936
—— sqft lot
—— car garage
$——/sqft
Listed 6 days ago

Property Description

*Gross 9.23% CAP Rate*. 3 Units, Garden-Style Property, Built front building built in 1936/renovated 2024 and back ADU built in 2024. Unit Mix Consists of (1) 3-Bed / 2-Bath Units,(1) 2-Bed / 2-Bath & (1) 2-Bed / 1-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.

Listing Status:: Active
Date Added:: February 4, 2026
Data Last Updated:: February 11, 2026 at 7:06AM
Listing Office:: Gentry Real Estate : 480-750-9910
Listing Agent:: James J Yancey : 480-452-6227
MLS ID:: 6979757

Flooring: Laminate
A/C: Ceiling Fan(s)Electric
Heating: Forced AirCentral

Parking: >1 Space Per UnitParking spaces: 5

Roofing: Built-Up
General: StuccoBlock

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Phoenix Elementary District
County: Maricopa

Zoning: R511224105

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of James J Yancey , Gentry Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lowell School

1121 S 3rd Ave, Phoenix, AZ, 85003

Grades PK-8

0.14 miles away

Lowell School

1121 S 3rd Ave, Phoenix, AZ, 85003

Grades PK-8

0.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.