1038 N 25TH Street, Phoenix, AZ 85008

$475,900

Property Type: Multiple Dwellings Status: Pending

Current Price: $475,900 Last Modified: 4/28/2025

Description

Don't miss out on this fantastic investment opportunity! This three-family home offers excellent potential for value-added improvements, with many upgrades completed in 2020. The property features three rental units: a front single-family home with 4 bedrooms and 1 bathroom, a spacious 2-bedroom, 1-bathroom unit, and a studio apartment, with each unit in a separate building.Well-located, the property benefits from steady rental demand due to its proximity to the medical center and nearby amenities, making it an ideal mid-term rental for traveling nurses.The property can be purchased separately or together with the adjacent three-family at 1046 N 25th St, presenting an incredible investment opportunity. Whether you're a seasoned investor or looking for a value-driven opportunity.

More Information MLS# 6836775

Contract Info

Current Price: $475,900 List Price: $475,900 Status: Pending List Date: 2025-03-17 Ownership: Fee Simple

Location Tax Legal

House Number: 1038 Compass: N Street Name: 25TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Zip4: 4999 Country: US County Code: Maricopa Subdivision: ELSINORE Assessor Number: 121-79-132-A Tax Year: 2024

General Property Description

Lot Size Dimensions: 75 x 140 Year Built: 1955 Uncvrd Parking Spcs: 6 Total # of Units: 3 # of Buildings: 3 Zoning: R3 Flood Zone: No Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 24th St & Roosevelt St Directions: Roosevelt & 24th Directions: From 202 Hwy take 24th St exit S, turn E on Portland St to 25th St sits corner Portland & 25th St. OR, Driving W on Roosevelt St, pass 24th St turn N on 25th St. Geo Lat: 33.460009 Geo Lon: -112.028387

Status Change Info

Status Change Date: 2025-04-11 Off Market Date: 2025-04-11 Under Contract Date: 2025-04-11

Legal Info

Township: 1N Range: 3E Section: 2 Lot Number: 4

Showing Notification Methods

Showing Service: Aligned Showings

Efficiency Units

# Efficiency Units: 1 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 # Baths: 1

4 Bedrooms Units

# 4 Bedroom Units: 1 # Baths: 1

Contact Info

List Agent Home Phn: 480-785-5612

Property Features

Project Type: Tri-Plex Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool; See Remarks Exterior Amenities: Desert Landscaping Appliances Included: Other Heating: Individual Cooling: See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: 1 Space/Unit; Add'l Parking Avail; Assigned Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Other (See Remarks) Special: REO Property Showing Notification Methods: Text; Email Lockbox Type: Supra (ARMLS) Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: JM Realty

Last Updated: April - 28 - 2025

1038 N 25TH Street, Phoenix, AZ 85008 (MLS# 6836775)