2021 W WASHINGTON Street, Phoenix, AZ 85009

$570,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $570,000 Last Modified: 1/27/2026

Description

Excellent opportunity to own this 7-unit multifamily investment in the heart of Phoenix. The property is located just minutes from Downtown Phoenix and surrounded by new development. Ideal for investors seeking strong cash flow and reliable monthly income. Prime location near restaurants with quick access to I-17 and I-10

More Information MLS# 6970729

Contract Info

Ownership: Fee Simple Current Price: $570,000 Sold Price: $570,000 Status: Closed List Date: 2026-01-17

Location, Tax & Legal

Assessor's Map #: 49 Legal Description (Abbrev): LOT 5 BLOCK 43 CAPITOL BLK 43, 44, 35-38, 29, 30 MCR 000213 Assessor's Parcel #: 101 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 114402 Taxes: 1299 Legal: LOT 5 BLOCK 43 CAPITOL BLK 43, 44, 35-38, 29, 30 MCR 000213 Marketing Name: Capitol House Number: 2021 Compass: W Street Name: WASHINGTON St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85009 Zip4: 5271 County Code: Maricopa Subdivision: CAPITOL BLK 43, 44, 35-38, 29, 30 Assessor Number: 109-49-101-A Tax Year: 2025

General Property Description

# of Buildings: 4 Uncvrd Parking Spcs: 0 Lot Size Dimensions: 14,000 Total # of Units: 7 Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Capitol Elementary School High School: Central High School Year Built: 1931 Zoning: R-3

Legal Info

Range: 2E Section: 12 Township: 1N Block: 43 Lot Number: 5

Project Type

5 - 12 Units: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Composition: 1

Floors

Vinyl: 1 Ceramic Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 1299 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Down Payment: 0 Equity: 575000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Community Features

No Pool: 1

Heating

Individual: 1 Window/Wall Unit(s): 1

Cooling

Window/Wall Unit: 1 Individual: 1

Exterior Amenities

Desert Landscaping: 1 Partially Fenced: 1

Interior Features

Unfurnished: 1

Tenant Pays

Cable TV: 1

Appliances Included

Refrigerator: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Unknown: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

1 Space/Unit: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Electric: 1 Trash Collection: 1

New Financing

Cash: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 3rd Loan

Other (See Remarks): 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Contact Info

List Agent Home Phn: 602-386-7885

Efficiency Units

# Efficiency Units: 7 Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 0 Avg SqFt: 625 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 0 Avg SqFt: 750 # Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 0 # Baths: 1

4 Bedrooms Units

Avg Rent: 0 # Baths: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: WASHINGTON ST AND 19TH AVE Directions: . Geo Lat: 33.447744 Geo Lon: -112.103172

Status Change Info

Off Market Date: 2026-01-20 Under Contract Date: 2026-01-20 Close of Escrow Date: 2026-01-26 Sold Price: $570,000

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Partially Fenced Interior Features: Unfurnished Appliances Included: Refrigerator Heating: Individual; Window/Wall Unit(s) Cooling: Window/Wall Unit; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection Tenant Pays: Cable TV Source of Fincl Data: Unknown Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash Environmental: None
Listing Office: My Home Group Real Estate
IDX
Last Updated: January - 27 - 2026
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