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331 N 13TH Place Phoenix, AZ $ 700,000
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$ 700,000 Get more info
331 N 13TH Place
$ 700,000
Back to search
Share Save

331 N 13TH Place

Phoenix, AZ, 85006
$ 700,000
Baths0.0

Monthly Estimate*

$ 4,367

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $700,000. This home was built in 1906.

Incredible opportunity to own an income producing home + duplex. The property at 331 N 13th Place features a renovated 2 bed, 1 bath home with updated windows, appliances, a refreshed bathroom, flooring, interior and exterior paint, plus landscaping. It includes a washer, dryer, gas range, and refrigerator, with tenants responsible for all utilities. The adjacent duplex at 1329 E Polk has undergone a complete makeover, with an updated roof, AC, kitchen, bathroom, and windows. Both units offer 1 bedroom/1 bath, separate laundry with newer appliances. This is a fantastic opportunity to invest in the up-and-coming Garfield neighborhood, a hot spot for income properties where you are close to Downtown Phoenix, Footprint Center, Chase Field and vibrant Downtown nightlife and restaurants.

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Multi-Family Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 860

Style

Multiple Dwellings

Year Built

1906

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6822324
Features
General
Sewer Public Sewer
Heating Electric
Cooling Electric Heat Pump
Roof Composition Foam
Zoning R-5
Construction Materials Wood Frame Painted Stucco Brick
Year Built 1906
Electric APS
Township 1N
Tax Year 2023
Ownership Fee Simple Fee Simple
Gross Income 47760.0
Community Features No Pool
County Maricopa
Net Operating Income 46860.0
Operating Expense 9874.0
Insurance Expense 1694.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1500.0
Subdivision Name MADRONA PLACE
Garage Y/N N
Status Active
Directions 12th Street & Fillmore south to Polk Street. Properties are at the SW corner of 13th Place and Polk.
High School North High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 3
Carport Y/N N
Elementary School Garfield School
Tax Annual Amount 860.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Garfield School
Trash Expense 0.0
Water Sewer Expense 900.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Phoenix Elementary District
Tax Lot 7
Cap Rate 6.69
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved Free <1 Space Per Unit On Street
Water Source City Franchise
Total Parking 4.0
Number of Buildings 2
Spa N
Lot Dimensions 5000
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 331
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* Excluded Features
List By
The Agency

Broker

adrian.heyman@theagencyre.com

Email

Affordability Calculator

$4,439
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$72
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4327267 Elementary School
4327047 Middle School
North High School High School
See complete school information
Pricing History
Date Price Price Change Description
7/25/2025 $700,000 -3.45% Price Down
5/2/2025 $725,000 -3.33% Price Down
2/18/2025 $750,000 Listed Price

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331 N 13TH Place, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $700,000. 331 N 13TH Place is a studio with 0.0 baths and was built in 1906. The property's zip code is 85006 which is in Phoenix, AZ

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