Address
1936 E Yale Street, Phoenix, AZ
Price
$ 995,000
Property Attributes
- ID#7037733
- TypeMulti-Family
- Listing Status UCB (Under Contract-Backups)
- CountyMARICOPA
- CityPhoenix
- NeighborhoodGreenfield Acres
- Zip85006
- StyleMultiple Dwellings
- Year Built1936
- Taxes$ 1258
- Price$ 995,000
- Bedrooms10
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
An amazing investment opportunity in a fantastic central Phoenix location. This 4-plex offers updated units and plenty of off-street parking (4 covered/6 uncovered). All units have been renovated and feature updated counters, flooring, etc. The main house offers 3 beds & 2 bathrooms. The other units are one 3/1 and two 2/1. Some have private W&D; others share a laundry facility. All units have private back yards. Close to everything, you can't go wrong. Phoenix Children's Hospital is just a 10-minute walk. Hop in the car for a 10-minute ride to Sky Harbor, or a 15-minute jaunt into downtown Phoenix. Live in one, rent the others!
| Price History | |
|---|---|
| 6/5/2026 | Listed $1,050,000 |
| 7/7/2026 | 3$1,025,000 |
| 7/22/2026 | 3$995,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Roof | Composition |
| Zoning | R-3 |
| Construction Materials | Wood Frame,Painted,Block |
| Year Built | 1936 |
| Electric | APS |
| Township | 2N |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Gross Income | 73533.8 |
| OwnerPays | Other,Trash Collection,Water,Sewer,Landscaping |
| Community Features | No Pool |
| County | Maricopa |
| Net Operating Income | 25334.0 |
| Operating Expense | 57070.0 |
| Insurance Expense | 6023.0 |
| New Construction | No |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| MaintenanceExpense | 16894.0 |
| Subdivision Name | Greenfield Acres |
| Garage Y/N | No |
| Status | UCB (Under Contract-Backups) |
| Directions | SOUTH ON 20TH STREET,THEN WEST ON YALE STREET. THE PROPERTY IS ON THE NORTH SIDE OF THE STREET. |
| City | Phoenix |
| Disclosures | None |
| High School District | Phoenix Union High School District |
| Open Parking Spaces | 6.0 |
| Number Of Units Total | 4 |
| Carport Y/N | No |
| Tax Annual Amount | 1258.0 |
| Electric Expense | 653.0 |
| Fuel Expense | 0.0 |
| Trash Expense | 0.0 |
| Water Sewer Expense | 5678.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active Under Contract |
| Elementary School District | Creighton Elementary District |
| Tax Lot | 117-06-110-A |
| Cap Rate | 2.41 |
| MobileHomeRemainsYN | No |
| Ownership | Fee Simple |
| Senior Community | No |
| New Financing: FHA | True |
| New Financing: Cash | True |
| New Financing: VA | True |
Interior Features
| Flooring | Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Total Bedrooms | 10 |
| Total Baths | 6 |
Exterior Features
| Parking Features | Off Street,Paved,Add'l Parking Avail,1 Space/Unit,Carport |
|---|---|
| Water Source | City Franchise |
| Total Parking | 10.0 |
| Number of Buildings | 4 |
| Spa | No |
| Lot Dimensions | Approx 75' x 192' |
| Road Surface Type | Asphalt |
| Covered Spaces | 4.0 |
| Crops Included Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 85006
Price
Taxes
Year Built
Visits
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