3105 W MADISON Street, Phoenix, AZ 85009

$505,000
Property Type: Multiple Dwellings Status: Active
Current Price: $505,000 Last Modified: 8/03/2026

Overview

Description

This 3-unit garden-style property, built in 1986, features three large 3-bedroom / 1-bath units with 980 sqft of living space each. Select units have been upgraded, but the property offers a strong value-add opportunity through both interior and exterior renovations. Each unit is equipped with its own washer and dryer, and the property is individually metered for electricity.

Listing Details MLS# 7013922

Location, Tax & Legal

House Number
3105
Compass
W
Street Name
MADISON
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85009
Zip4
4888
Country
US
County Code
Maricopa
Subdivision
PROSPERITY PARK
Assessor Number
109-40-063
Tax Year
2025
Assessor's Map #
40
Legal Description (Abbrev)
PROSPERITY PARK
Assessor's Parcel #
63
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114500
Taxes
846
Legal
PROSPERITY PARK
Marketing Name
3105 W Madison St

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7,680 sqft
Year Built
1986
Uncvrd Parking Spcs
7
Total # of Units
3
# of Buildings
Yes
Zoning
R-3
Elementary School District
Murphy Elementary District
High School District
Phoenix Union High School District

Legal Info

Township
1N
Range
2E
Section
11
Lot Number
3

3 Bedrooms Units

# 3 Bedroom Units
3
Avg Rent
1250
Avg SqFt
980
# Baths
Yes

More Information

Showing Notification Methods

Showing Service
No Showing Service Used

Project Type

Tri-Plex
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Composition
Yes

Floors

Tile
Yes
Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
846
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
550000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

Other
Yes

Heating

Individual
Yes

Cooling

Electric
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Built-In Electric Oven
Yes
Microwave
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Tile; Vinyl Sale Includes: Land & Building Community Features: Other Appliances Included: Built-In Electric Oven; Refrigerator; Microwave; Washer/Dryer Heating: Individual Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: ABI Multifamily
Last Updated: August - 03 - 2026
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