1618 E Wood Street, Phoenix, AZ 85040

$500,000
Property Type: Multiple Dwellings Status: Pending
Current Price: $500,000 Last Modified: 3/26/2026

Overview

Description

Both buildings demoed down to studs. Permits in the process. Current buildings can be turned into 9 units with existing plans or a total of 14 units if adding a second story. Can also be turned into a community residence facility (plans can be provided). East building 2,490 sq ft. West building 3,109 sq ft.

Listing Details MLS# 6906218

Location, Tax & Legal

House Number
1618
Compass
E
Street Name
Wood
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
County Code
Maricopa
Assessor Number
122-39-011-D
Tax Year
2024
Assessor's Map #
39
Assessor's Parcel #
11
Assessor Parcel Ltr
D
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
5150
Legal
E 146F FOL DESC PROP THAT PT SW4 SW4 SEC 22 T1N R3E DAF COM SW COR SD SEC 22 TH N 653.44F TO TPOB TH E 376.68F TH N 22
Marketing Name
Wood St

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
22,466
Year Built
1982
Total # of Units
9
# of Buildings
2
Zoning
R-5 multifamily
Flood Zone
No
Uncvrd Parking Spcs
0

Status Change Info

Off Market Date
2026-03-26
Under Contract Date
2026-03-23

Legal Info

Lot Number
none

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Efficiency Units

# Efficiency Units
Yes
Avg Rent
0

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
0

2 Bedroom Units

# 2 Bedroom Units
7
Avg Rent
0

Project Type

5 - 12 Units
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Tile
Yes

Floors

Concrete
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
5150
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
500000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Other
Yes

Community Features

No Pool
Yes

Heating

Other
Yes

Cooling

Central Air
Yes
Electric
Yes

Tenant Pays

None
Yes

Appliances Included

None
Yes

Road Surface Type

Dirt
Yes
Gravel
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Other
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Private
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Construction: Block; Wood Frame Const - Finish: Other (See Remarks) Roofing: Tile Floors: Concrete Sale Includes: Land & Building Community Features: No Pool Appliances Included: None Heating: Other Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Other Road Surface Type: Gravel; Dirt Owner Pays: Water; Electric; Trash Collection; Landscaping Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: Other Existing 1st Loan: Private Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable New Financing: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: HomeSmart
IDX
Last Updated: March - 26 - 2026
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