$500,000
Phoenix, AZ 85040
MLS# 6906218

1 / 9
Property Description
Both buildings demoed down to studs. Permits in the process. Current buildings can be turned into 9 units with existing plans or a total of 14 units if adding a second story. Can also be turned into a community residence facility (plans can be provided). East building 2,490 sq ft. West building 3,109 sq ft.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $500,000
List Price: $500,000
Status: Active
List Date: 2025-08-14
Location, Tax & Legal
Assessor's Map #: 39
Assessor's Parcel #: 11
Assessor Parcel Ltr: D
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 5150
Legal: E 146F FOL DESC PROP THAT PT SW4 SW4 SEC 22 T1N R3E DAF COM SW COR SD SEC 22 TH N 653.44F TO TPOB TH E 376.68F TH N 22
Marketing Name: Wood St
House Number: 1618
Compass: E
Street Name: Wood
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
County Code: Maricopa
Assessor Number: 122-39-011-D
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 22,466
Flood Zone: No
Total # of Units: 9
Year Built: 1982
Zoning: R-5 multifamily
Project Type
5 - 12 Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Other (See Remarks): 1
Roofing
Tile: 1
Floors
Concrete: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 5150
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 500000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Other: 1
Cooling
Central Air: 1
Electric: 1
Tenant Pays
None: 1
Appliances Included
None: 1
Road Surface Type
Dirt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Trash Collection: 1
Landscaping: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
# Efficiency Units: 1
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 7
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.408848
Geo Lon: -112.046248
Legal Info
Lot Number: none
Property Features
Project Type: 5 - 12 Units
Construction: Block; Wood Frame
Const - Finish: Other (See Remarks)
Roofing: Tile
Floors: Concrete
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: None
Heating: Other
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Other
Road Surface Type: Gravel; Dirt
Owner Pays: Water; Electric; Trash Collection; Landscaping
Tenant Pays: None
Source of Fincl Data: Owner
Lockbox Type: Other
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: HomeSmart
Last Updated: January - 02 - 2026
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