1714 N 32ND Street, Phoenix, AZ 85008
$825,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$825,000
Last Modified:
1/30/2026
Description
100% OCCUPIED » 5 Units » All Units Updated in the past 2 years » In-Unit Laundry/Hook-Ups » New Roof 2021 » Massive Lot for Expansion » High-Demand Area » Growth Play » Collect cash flow while planning your value-add or expansion strategy.
More Information MLS# 6904379
Contract Info
Ownership: Fee Simple
Current Price: $825,000
List Price: $825,000
Status: Pending
List Date: 2025-08-11
Location, Tax & Legal
Assessor's Map #: 20
Legal Description (Abbrev): N 60' OF FOL BEG AT PT 584.74' N OF SE COR SEC TH W 345.35' S 126.12' E 345.39' N 126.12' TO
Assessor's Parcel #: 30
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111502
Taxes: 1854
Legal: N 60' OF FOL BEG AT PT 584.74' N OF SE COR SEC TH W 345.35' S 126.12' E 345.39' N 126.12' TO
Marketing Name: N/A
House Number: 1714
Compass: N
Street Name: 32ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 7805
County Code: Maricopa
Assessor Number: 120-20-030-A
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 12
Lot Size Dimensions: 306' x 60'
Flood Zone: No
Total # of Units: 5
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Year Built: 1950
Zoning: R3
Legal Info
Range: 3E
Section: 35
Township: 2N
Lot Number: N/A
Project Type
5 - 12 Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Brick Veneer: 1
Roofing
Composition: 1
Floors
Concrete: 1
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 2741
Annual Land Lse Exp: 0
Annual Maint Exp: 7100
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 5500
Operating Exp: 17195
Other Income: 4831.63
Vacancy Allowance: 0
Adjusted Gross Inc: 80383.63
Pmt & Rate Info
Cap Rate: 6.73
Equity: 895000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Window/Wall Unit: 1
2 or More Units: 1
Exterior Amenities
Patio/Balcony: 1
Interior Features
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Free-Standing Electric Oven: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Concrete: 1
Dirt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
<1 Space Per Unit: 1
Add'l Parking Avail: 1
RV Access/Parking: 1
Electric
SRP: 1
Individual Meter: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
No Carry: 1
1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 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: 935
Avg SqFt: 300
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1420
Avg SqFt: 400
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1545
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1730
Avg SqFt: 1000
# Baths: 1
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: E McDowell Rd & N 32nd St
Directions: North of McDowell on 32nd. Property is on your left. Driveway is to the north of the building with additional parking in the back.
Geo Lat: 33.467256
Geo Lon: -112.013556
Status Change Info
Off Market Date: 2026-01-30
Under Contract Date: 2026-01-21
Income Expenses
Gross Annual Sch Inc: 75552
Net Operating Income: 60211
Property Features
Project Type: 5 - 12 Units
Construction: Block; Wood Frame
Const - Finish: Brick Veneer
Roofing: Composition
Floors: Concrete; Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Patio/Balcony
Interior Features: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; W/D Hookup
Cooling: Ceiling Fan(s); Window/Wall Unit; Central Air; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas
Parking Features: <1 Space Per Unit; Add'l Parking Avail; RV Access/Parking; Free
Road Surface Type: Gravel; Dirt; Concrete
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office:
The Broker Reserve LLC
Last Updated: January - 30 - 2026
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