1333 W TAYLOR Street, Phoenix, AZ 85007

$644,000
Property Type: Multiple Dwellings Status: Active
Current Price: $644,000 Last Modified: 3/03/2026

Description

Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.

More Information MLS# 6972312

Contract Info

Ownership: Fee Simple Current Price: $644,000 List Price: $644,000 Status: Active List Date: 2026-01-21

Location, Tax & Legal

Assessor's Map #: 28 Legal Description (Abbrev): UNIVERSITY PT OF LOTS 8 & 10 BLK N E2 OF 8 & W2 OF 10 Assessor's Parcel #: 73 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 112900 Taxes: 801 Legal: UNIVERSITY PT OF LOTS 8 & 10 BLK N E2 OF 8 & W2 OF 10 Marketing Name: unknown House Number: 1333 Compass: W Street Name: TAYLOR St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85007 Zip4: 2573 County Code: Maricopa Subdivision: UNIVERSITY ADDITION Assessor Number: 111-28-073 Tax Year: 2025

General Property Description

# of Buildings: 2 Uncvrd Parking Spcs: 2 Lot Size Dimensions: 6250 Flood Zone: No Total # of Units: 4 Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Year Built: 1916 Zoning: R5

Legal Info

Range: 3E Section: 6 Township: 1N Lot Number: 8

Project Type

Four Plex: 1

Construction

Block: 1 Wood Frame: 1

Const - Finish

Aluminum Siding: 1

Roofing

Composition: 1

Floors

Tile: 1 Vinyl: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Gas Exp: 1543.81 Annual Ins Exp: 1296 Annual Landscape Exp: 250 Annual Maint Exp: 700 Annual Wtr/Swr Exp: 2809.48 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 7400.29 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 58200 Total Monthly Rental Income: 4850

Pmt & Rate Info

Cap Rate: 7.83 Down Payment %: 100 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Natural Gas: 1 Central: 1

Cooling

Central Air: 1 Window/Wall Unit: 1

Interior Features

Fire/Smoke Alarm(s): 1

Tenant Pays

Electricity: 1 Cable TV: 1

Appliances Included

Free-Standing Electric Oven: 1 Refrigerator: 1 W/D Hookup: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Road Responsibility

City Maintained Road: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

1 Space/Unit: 1 RV Access/Parking: 1

Electric

APS: 1 Individual Meter: 1

Gas

SW Gas: 1

Owner Pays

Water: 1 Gas: 1 Landscaping: 1

New Financing

Cash: 1 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 Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Efficiency Units

# Efficiency Units: 1 Avg Rent: 1050 Avg SqFt: 368 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 1150 Avg SqFt: 469 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 1500 Avg SqFt: 747 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: 15th Ave & Van Buren Directions: At the junction of I-10 go south on 15th Ave. Turn left on Taylor St. Property on the right. Geo Lat: 33.45395 Geo Lon: -112.090504

Income Expenses

Gross Annual Sch Inc: 58200 Net Operating Income: 50799.71

Property Features

Project Type: Four Plex Construction: Block; Wood Frame Const - Finish: Aluminum Siding Roofing: Composition Floors: Tile; Vinyl Sale Includes: Land & Building Community Features: No Pool Interior Features: Fire/Smoke Alarm(s) Appliances Included: Free-Standing Electric Oven; Refrigerator; W/D Hookup Heating: Natural Gas; Central Cooling: Window/Wall Unit; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: 1 Space/Unit; RV Access/Parking Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Gas; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional; No Carry Environmental: None
Listing Office: Open House Realty
IDX
Last Updated: March - 03 - 2026
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