16033 N 25TH Street 7, Phoenix, AZ 85032

$945,000
Property Type: Multiple Dwellings Status: Active
Current Price: $945,000 List Date: 5/29/2026 Last Modified: 7/07/2026

Overview

Description

Rare 2004 4-plex consisting of 3 bed 2 bath units. Room for rent increases. Very little competition for 3 bed family sized units in the area. In unit laundry, covered parking for tenants. These apartments command high rents for the area as well as high quality long term tenants. WATER, SEWER, TRASH, LANDSCAPING & COMMON AREA MAINT & ELECTRIC PAID BY HOA!! Active HOA which has been completing value add exterior projects in the community. All exterior maintenance handled by HOA, very low maintenance costs for owner. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

Listing Details MLS# 7034315

Location, Tax & Legal

House Number
16033
Compass
N
Street Name
25TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85032
Zip4
3584
Country
US
County Code
Maricopa
Subdivision
PARADISE ON 25TH CONDOMINIUMS FINAL PLAT
Assessor Number
214-40-380
Tax Year
2025
Unit #
7
Building Number
7
Assessor's Map #
40
Legal Description (Abbrev)
LOT 7 PARADISE ON 25TH CONDOMINIUMS FINAL PLAT MCR 064727
Assessor's Parcel #
380
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
103306
Taxes
970
Legal
LOT 7 PARADISE ON 25TH CONDOMINIUMS FINAL PLAT MCR 064727
Marketing Name
Paradise #7

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
3714
Year Built
2004
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
Yes
Zoning
R-3
Flood Zone
No
Elementary School District
Paradise Valley Unified District
High School District
Paradise Valley Unified District
Elementary School
Palomino Primary School
Jr. High School
Greenway Middle School
High School
Paradise Valley High School

Remarks Misc

Cross Street
Greenway and 25th ST
Directions
East on 25th Street, to Paradise on 25th Streeting, Building 7 on the East of Community. **DRIVE BY ONLY** SHOWINGS ONLY WITH AN ACCEPTED OFFER.

Legal Info

Township
3N
Range
3E
Section
2
Lot Number
7

Income Expenses

Gross Annual Sch Inc
81385
Net Operating Income
51727.5

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Phone Call
Yes

3 Bedrooms Units

# 3 Bedroom Units
4
Avg Rent
1633
Avg SqFt
1174
# Baths
2

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Floors

Vinyl
Yes
Carpet
Yes

Sale Includes

Building(s) Only
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Ins Exp
1698
Annual Maint Exp
3865
Annual Mgmt Exp
3120
Owner Association
Yes
Annual Ownr Asoc Fee
16200
Annual Other Expense
500
Operating Exp
26353
Other Income
805
Vacancy Allowance
0.05
Adjusted Gross Inc
78080.5

Pmt & Rate Info

Cap Rate
5.39
Equity
959000
Down Payment %
1
Monthly Payments
1
Total Owed
0

Lockbox Type

Other
Yes

Community Features

Play Area
Yes

Heating

Heat Pump
Yes

Cooling

Heat Pump
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Partially Fenced
Yes
Security Light(s)
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

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

Electric

APS
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

See Remarks
Yes

New Financing

Cash
Yes
Conventional
Yes
1031 Exchange
Yes
Other (See Remarks)
Yes

Special

Owner/Agent
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Vinyl; Carpet Sale Includes: Building(s) Only; Laundry Equipment Community Features: Play Area Exterior Amenities: Landscape Water System; Green Landscaping; Partially Fenced; Security Light(s) Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Washer/Dryer Heating: Heat Pump Cooling: Heat Pump Water Source: Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Detached Carport; Add'l Parking Avail Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: See Remarks Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Projected Proforma Special: Owner/Agent Showing Notification Methods: Phone Call Lockbox Type: Other New Financing: Cash; Conventional; 1031 Exchange; Other (See Remarks) Environmental: None

Documents

IDX
Listing Office: Keller Williams Realty Phoenix
Last Updated: July - 07 - 2026
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