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Property Description

Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-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.

Overview

Property Status
Sold
Date Sold
September 18, 2026
MLS ID
6920059
Property Type
Multi-Family
Year Built
1932

Features & Amenities

Neighborhood
Phoenix
Water Source
City Franchise
Roof
Composition
Parking
1 Space Per Unit
Heat Type
Heat Pump, Electric
Air Conditioning
Central Air, Electric
Appliances
Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Sewer
Public Sewer
School District
Phoenix Union High School District
Sales Price
$504,900
Real Estate Tax
$1,568/yr
Zoning
R-5

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325 N 17TH Drive

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    License #BR628185000

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