2544 W STATE Avenue Phoenix, AZ $ 2,400,000
2544 W STATE Avenue
$ 2,400,000
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2544 W STATE Avenue

Phoenix, AZ, 85051
$ 2,400,000
Baths0.0

Monthly Estimate*

$ 16,765

2544 W STATE Avenue, Phoenix, AZ 85051 - Image 1
2544 W STATE Avenue, Phoenix, AZ 85051 - Image 2
2544 W STATE Avenue, Phoenix, AZ 85051 - Image 3
2544 W STATE Avenue, Phoenix, AZ 85051 - Image 4
2544 W STATE Avenue, Phoenix, AZ 85051 - Image 5
2544 W STATE Avenue, Phoenix, AZ 85051 - Image 6
2544 W STATE Avenue, Phoenix, AZ 85051 - Image 7
2544 W STATE Avenue, Phoenix, AZ 85051 - Image 8
Studio

Multi-Family Home for sale in Phoenix, AZ

for $2,400,000. This home was built in 2024.

Three brand new 3 bedroom 2 bath duplexes. Pictures are on a near identical property built by same builder up the street. New photos will follow of this property soon. Tax parcel number is of the parent parcel. Each of the 6 units have separate tax parcel numbers. Great investment property! Concrete driveway with covered parking. Inside laundry in each unit. Come see today! A condo plat and CC&Rs are on the property. No HOA set up yet. Buyer can return to one tax parcel or keep as individual condos. Any operating expenses listed in MLS are estimates. Owner Agent

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,127

Style

Multiple Dwellings

Year Built

2024

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6675427

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Roof Foam
Zoning R3
Construction Materials Painted Stucco Frame - Wood
Year Built 2024
Electric SRP Individual Meter
Tenant Pays Electricity Cable TV
Township 2N
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 143640.0
Community Features No Pool
County Maricopa
Net Operating Income 119050.0
Operating Expense 25727.0
Insurance Expense 3000.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name VISTA INCOME ESTATES UNIT 5
Garage Y/N N
Status Active
Directions Property is located on State Ave between I-17 Southbound Access Road and 27th Ave.
High School Glendale High School
City Phoenix
Buyer Agent Compensation 3.00
Disclosures Seller Prop Disc Stm
View Y/N N
High School District Glendale Union High School District
Open Parking Spaces 6.0
Total Units 6
Lot Size Square Feet 0.0
Carport Y/N N
Street Name STATE
Elementary School Washington Elementary School - Phoenix
Tax Annual Amount 1127.0
Electric Expense 1200.0
Fuel Expense 0.0
Middle/Junior High School Royal Palm Middle School
Trash Expense 0.0
Water Sewer Expense 7200.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 53
Standard Status Active
Elementary School District Washington Elementary District
Tax Lot 98
Cap Rate 4.96
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Paved Parking Common
Water Source City Franchise
Total Parking 14.0
Lot Size Area 0.0
Number of Buildings 3
Spa N
Lot Dimensions 192.72 x 96.91
Lot Size Acres 0.0
Road Surface Type Asphalt Dedicated Street Curb(s) & Gutter(s) Sidewalk(s)
Covered Spaces 8.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2544
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* Excluded Features
List By
Hilton Realty Corporation

Broker

jack@hiltoncorp.com

Email

Affordability Calculator

$16,859
Per Month
99%
1%
0%
Monthly Principal & Interest
$16,765
Monthly Property Taxes
$94
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4326945 Elementary School
4327519 Middle School
Glendale High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2024$2,400,000 Listed Price

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2544 W STATE Avenue, Phoenix, AZ, 85051 is a Multi-Family Home for sale at $2,400,000. 2544 W STATE Avenue is a studio with 0.0 baths and was built in 2024. The property's zip code is 85051 which is in Phoenix, AZ