$1,099,900
Phoenix, AZ 85041
MLS# 6838625
Status: Pending
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Property Description
Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,099,900
List Price: $1,099,900
Status: Pending
List Date: 2025-03-19
Location, Tax & Legal
Assessor's Map #: 4
Legal Description (Abbrev): SOUTHGATE PARK TR A S 180' OF N 320' EX E 150' TH/OF & EX S 20' OF N 280' OF SD TR
Assessor's Parcel #: 18
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 115400
Taxes: 2233
Legal: SOUTHGATE PARK TR A S 180' OF N 320' EX E 150' TH/OF & EX S 20' OF N 280' OF SD TR
Marketing Name: SOUTHGATE PARK
House Number: 313
Compass: W
Street Name: JONES
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85041
Zip4: 1264
County Code: Maricopa
Subdivision: SOUTHGATE PARK
Assessor Number: 113-04-018
Tax Year: 2024
General Property Description
# of Buildings: 14
Uncvrd Parking Spcs: 30
Lot Size Dimensions: 120 X 240
Flood Zone: No
Total # of Units: 20
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
High School: South Mountain High School
Year Built: 1944
Zoning: R3
Legal Info
Range: 3E
Section: 20
Township: 1N
Lot Number: 1
Project Type
13 - 24 Units: 1
Other Type
House + Rental Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Other: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2233
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 1149900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
See Remarks: 1
Cooling
See Remarks: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
See Remarks: 1
Road Surface Type
Asphalt: 1
Dirt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
Owner Pays
See Remarks: 1
New Financing
Cash: 1
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-785-5612
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: S Central Ave & W Broadway Rd
Directions: Head south on S Central Ave, Turn right onto W Jones Ave. Property will be on the right.
Geo Lat: 33.41053
Geo Lon: -112.078634
Status Change Info
Off Market Date: 2026-02-26
Under Contract Date: 2026-02-26
Property Features
Project Type: 13 - 24 Units
Other Type: House + Rental Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Other
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: See Remarks
Heating: See Remarks
Cooling: See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: Other (See Remarks)
Parking Features: Other
Road Surface Type: Dirt; Asphalt
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Other (See Remarks)
Environmental: None
Listing Office: JM Realty
Last Updated: February - 26 - 2026
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