$375,000
Phoenix, AZ 85008
MLS# 5857733
Status: Closed

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Property Description
EVERYONE WANTS A 4-PLEX ON 48TH ST AND THOMAS! Great investment property with 2 buildings on one parcel of land. Beautiful curbside appeal with desert landscaping. Grassy courtyard between buildings. All spacious units are 2 bedroom 1 bath, each with a private patio off the back. Sold in 'as-is' condition, no repairs or replacements to be done. Don't miss this opportunity!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $375,000
Sold Price: $375,000
Status: Closed
List Date: 2018-12-14
Location, Tax & Legal
Assessor's Map #: 17
Legal Description (Abbrev): LOT 4 STAFFORD VILLAGE MCR 007143
Assessor's Parcel #: 28
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 111201
Taxes: 1332
Legal: LOT 4 STAFFORD VILLAGE MCR 007143
Marketing Name: STAFFORD VILLAGE
Map Code/Grid: P36
House Number: 2533
Compass: N
Street Name: 48TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2535
County Code: Maricopa
Subdivision: STAFFORD VILLAGE
Assessor Number: 126-17-028
Tax Year: 2018
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 0
Lot Size Dimensions: .243 acres
Total # of Units: 4
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Year Built: 1959
Zoning: Multi-family
Legal Info
Range: 4E
Section: 32
Township: 2N
Lot Number: 4
Project Type
Four Plex: 1
Construction
Brick: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 1332
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0
Equity: 370000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Individual: 1
Exterior Amenities
Partially Fenced: 1
Patio/Balcony: 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 1
W/D Hookup: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
Other: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
# Efficiency Units: 4
Avg Rent: 600
Avg SqFt: 671
# Baths: 1
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 600
Avg SqFt: 671
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 48th Street and Thomas
Directions: Go south on 48th street from Thomas- East on Virginia Ave- and south on 48th Place. Around the bend property is on your left.
Geo Lat: 33.475797
Geo Lon: -111.976627
Status Change Info
Off Market Date: 2018-12-17
Under Contract Date: 2018-12-17
Close of Escrow Date: 2019-01-18
Sold Price: $375,000
Property Features
Project Type: Four Plex
Construction: Brick
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Partially Fenced; Patio/Balcony
Appliances Included: Refrigerator; W/D Hookup
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: On Street; Other
Road Access Type: Alley
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: HomeSmart
Last Updated: December - 16 - 2025
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