2535 W MISSOURI Avenue, Phoenix, AZ 85017
$785,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$785,000
Last Modified:
1/22/2026
Description
Partially remodeled investment property next to Grand Canyon University. Built in 1981 and remodeled in 2025, this property features six spacious 2BD/1BA units with in-unit washer/dryer hookups and open floor plans. Each unit is individually metered for electricity, the property offers tenant convenience and expense control. Only one unit is currently occupied, a great investment opportunity for behavioral health facilities or sober living communities.
More Information MLS# 6942830
Contract Info
Ownership: Fee Simple
Current Price: $785,000
Sold Price: $785,000
Status: Closed
List Date: 2025-11-04
Location, Tax & Legal
Assessor's Map #: 20
Legal Description (Abbrev): LOT 3 OPENSHAW ACRES G-M MCR 001814
Assessor's Parcel #: 8
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 107300
Taxes: 3216
Legal: LOT 3 OPENSHAW ACRES G-M MCR 001814
Marketing Name: Missouri Ave 6 Plex
House Number: 2535
Compass: W
Street Name: MISSOURI
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 2786
County Code: Maricopa
Subdivision: OPENSHAW ACRES G-M
Assessor Number: 153-20-008-A
Tax Year: 2024
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 12
Lot Size Dimensions: 64' x 301.8'
Total # of Units: 6
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Year Built: 1981
Zoning: R-3
Legal Info
Range: 2E
Section: 13
Township: 2N
Lot Number: 3
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Wood Siding: 1
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3216
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 899000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Individual: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Individual: 1
Exterior Amenities
Partially Fenced: 1
Tenant Pays
Electricity: 1
Appliances Included
Built-In Electric Oven: 1
Dishwasher: 1
Refrigerator: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Cash to Loan: 1
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Cell Phn2: 602-616-3234
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 1300
Avg SqFt: 910
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Buyer - B
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: W Missouri and N 27th Ave
Geo Lat: 33.516264
Geo Lon: -112.113834
Status Change Info
Off Market Date: 2025-12-31
Under Contract Date: 2025-12-19
Close of Escrow Date: 2026-01-21
Sold Price: $785,000
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Wood Siding; Stucco
Roofing: Composition
Floors: Laminate; Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Partially Fenced
Appliances Included: Built-In Electric Oven; Refrigerator; Dishwasher; Washer/Dryer; W/D Hookup
Heating: Individual; Central
Cooling: Ceiling Fan(s); Individual; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: >1 Space Per Unit; Add'l Parking Avail
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Other (See Remarks)
Lockbox Type: None
New Financing: Cash; Cash to Loan; Conventional; 1031 Exchange
Environmental: None
Listing Office:
Orion Investment Real Estate
Last Updated: January - 22 - 2026
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