2013 W ADAMS Street, Phoenix, AZ 85009

$525,000
Property Type: Multiple Dwellings Status: Active
Current Price: $525,000 Last Modified: 2/26/2026

Description

Great location, close to downtown Phoenix and near the I-17 and I-10. This fully rented triplex (rent of $3400 per month), with a new roof (2022), consists of all 2 bedroom/1bathroom units. Two of the units have been fully remodeled and the 3rd has a long-time tenant. Other updates/upgrades include: 1) new backyard fence for unit 2015 in March 2023, 2) new water heater in unit 2015 in Jan. 2023, 3) new electric panel until 2013 (spring 2022); and 4) 3 new vinyl double pane windows in unit 2015 (Feb. 2013). The 3 units are located on a spacious 14,000 square foot lot with gated yard for each unit. Tenants pay for electric; owner pays for water and trash. Come check out this fantastic, centrally located income producing property!

More Information MLS# 6989910

Contract Info

Ownership: Fee Simple Current Price: $525,000 List Price: $525,000 Status: Active List Date: 2026-02-26

Location, Tax & Legal

Assessor's Map #: 31 Legal Description (Abbrev): CAPITOL MCR 2/13 LOTS 3 & 4 Assessor's Parcel #: 30 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 114402 Taxes: 838 Legal: CAPITOL MCR 2/13 LOTS 3 & 4 Marketing Name: 22/002 House Number: 2013 Compass: W Street Name: ADAMS St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85009 Zip4: 5238 County Code: Maricopa Subdivision: CAPITOL ADDITION Assessor Number: 109-31-030-A Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 3 Lot Size Dimensions: 14000 Flood Zone: TBD Total # of Units: 3 Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Mary Mcleod Bethune School Jr. High School: Mary Mcleod Bethune School High School: Central High School Year Built: 1946 Zoning: R-3

Legal Info

Range: 2E Section: 12 Township: 1N Lot Number: 4

Project Type

Tri-Plex: 1

Construction

Block: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Composition: 1

Floors

Laminate: 1 Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Trash Exp: 815 Annual Wtr/Swr Exp: 1000 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 2653 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 38760 Total Monthly Rental Income: 3400

Pmt & Rate Info

Cap Rate: 7.27 Equity: 525000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Central Air: 1 Electric: 1

Exterior Amenities

Fenced: 1 Cable TV Available: 1

Interior Features

Unfurnished: 1

Tenant Pays

Electricity: 1 Cable TV: 1

Appliances Included

Free-Standing Electric Oven: 1 Refrigerator: 1

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Features

1 Space/Unit: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

Water: 1 Trash Collection: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 1133.33 Avg SqFt: 700 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: 19th Ave. & Adams Directions: Go West on Adams past 19th Ave.. Property will be on the left. Geo Lat: 33.448853 Geo Lon: -112.102862

Income Expenses

Gross Annual Sch Inc: 40800 Net Operating Income: 38147

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Laminate; Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available Interior Features: Unfurnished Appliances Included: Free-Standing Electric Oven; Refrigerator Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS Gas: None Parking Features: 1 Space/Unit Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None
Listing Office: HomeSmart
IDX
Last Updated: February - 26 - 2026
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