1413 E CHERYL Drive, Phoenix, AZ 85020

$450,000
Property Type: Multiple Dwellings Status: Active
Current Price: $450,000 Last Modified: 5/28/2026

Overview

Description

OWNER WANTS TO CARRY ON THIS ONE!!! 20% DOWN!!! DON'T DISTURB TENANTS!! GREAT CONDITION PROPERTY!! FULLY LEASED!! EACH UNIT HAS IT'S OWN ELECTRIC METER!!! INSIDE WASHER AND DRYER IN EACH UNIT!! ONE UNIT WAS JUST REMODELED, THE OTHER TWO RENOVATED IN 2017!!! ROOF IS 10 YEARS OLD! CARPORT PARKING WITH STORAGE AND GUEST PARKING!!!THESE DON'T COME UP OFTEN!!!

Listing Details MLS# 7033861

Location, Tax & Legal

House Number
1413
Compass
E
Street Name
CHERYL
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85020
Zip4
6824
Country
US
County Code
Maricopa
Subdivision
MOUNTAIN HOME TRACT LOTS 17 THRU 24 41 THRU 48
Assessor Number
159-29-003-B
Tax Year
2025
Assessor's Map #
29
Legal Description (Abbrev)
MOUNTAIN HOME TR W2 N2 LOT 19
Assessor's Parcel #
3
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104702
Taxes
1478
Legal
MOUNTAIN HOME TR W2 N2 LOT 19
Marketing Name
Mountain Home

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
12558
Year Built
1962
Uncvrd Parking Spcs
3
Total # of Units
3
# of Buildings
Yes
Zoning
R-3
Flood Zone
No
High School District
Glendale Union High School District

Remarks Misc

Cross Street
Cave Creek and Dunlap
Directions
North on Cave Creek...east on Cheryl dr to 1413 on the South side of the street

Legal Info

Township
3N
Range
3E
Section
28
Lot Number
19

Income Expenses

Gross Annual Sch Inc
36600
Net Operating Income
33000

More Information

Showing Notification Methods

Showing Service
No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
755
Avg SqFt
600
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1150
Avg SqFt
800
# Baths
Yes

Contact Info

List Agent Home Phn
602-369-6902

Project Type

Tri-Plex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Landscape Exp
1200
Annual Wtr/Swr Exp
2400
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
5078
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
36600

Pmt & Rate Info

Cap Rate
7.33
Equity
450000
Down Payment %
20
Monthly Payments
0
1st Interest Rate
5.5
Total Owed
0

Payment Includes

Principal
Yes
Interest
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes

Cooling

Ceiling Fan(s)
Yes
Heat Pump
Yes

Exterior Amenities

Landscape Water System
Yes
Cable TV Available
Yes
Separate Storage
Yes

Interior Features

Fire/Smoke Alarm(s)
Yes
Vertical Blinds
Yes
Mini Blinds
Yes
Breakfast Bar
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Free-Standing Electric Oven
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

Detached Carport
Yes
Carport
Yes
Free
Yes
1 Space/Unit
Yes
>1 Space Per Unit
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Owner May Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Tile; Carpet Sale Includes: Land & Building Payment Includes: Principal; Interest Community Features: No Pool Exterior Amenities: Landscape Water System; Cable TV Available; Separate Storage Interior Features: Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer; W/D Hookup Heating: Heat Pump Cooling: Ceiling Fan(s); Heat Pump Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas Parking Features: Carport; 1 Space/Unit; >1 Space Per Unit; Detached Carport; Add'l Parking Avail; Free Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Owner May Carry Environmental: None
IDX
Listing Office: Realty Executives Arizona Territory
Last Updated: May - 28 - 2026
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