1552 W MCDOWELL Road Phoenix, AZ ^$ 784,500

1552 W MCDOWELL Road

^$ 784,500

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1552 W MCDOWELL Road

Phoenix, AZ, 85007

^$ 784,500

Studio Baths0.0

Monthly Estimate*

^$ 4,894

1552 W MCDOWELL Road, Phoenix, AZ 85007 - Image 1

1552 W MCDOWELL Road, Phoenix, AZ 85007 - Image 2

1552 W MCDOWELL Road, Phoenix, AZ 85007 - Image 3

1552 W MCDOWELL Road, Phoenix, AZ 85007 - Image 4

Studio

Multi-Family Home for sale in Phoenix, AZ

for $784,500. This home was built in 1946.

Presenting 1552 W McDowell Rd, a well-maintained multifamily property ideally situated in the heart of Central Phoenix. This income-producing asset offers strong fundamentals, excellent visibility, and proximity to major employment hubs, cultural landmarks, and freeway access. The property consists of multiple renovated units, each featuring private entrances, updated finishes, and efficient layouts. With a mix of 1-bedroom and 2-bedroom floorplans, the building caters to a wide tenant base seeking affordability and convenience in an urban setting

Multi-Family Active

Price

^$ 784,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,415

Style

Multiple Dwellings

Year Built

1946

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6832594

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air

Roof Composition

Zoning R3

Construction Materials Painted Block

Year Built 1946

Electric APS

Township 2N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 58140.0

Community Features Other No Pool

County Maricopa

Net Operating Income 62640.0

Operating Expense 1415.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name FAIRVIEW PLACE BLKS 1-4 FOR LOT 2 SEE 118-49

Garage Y/N N

Status Active

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 8.0

Number Of Units Total 4

Lot Size Square Feet 0.0

Carport Y/N N

Tax Annual Amount 1415.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Phoenix Elementary District

Tax Lot 101

Cap Rate 7.69

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved On Street

Water Source City Franchise

Total Parking 8.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 00000

Lot Size Acres 0.0

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1552

* Excluded Features

List By

Gile Commercial Real Estate

Broker

LUIS@GILECRE.COM

Affordability Calculator

$5,012

Per Month

Monthly Principal & Interest: $4,894
Monthly Property Taxes: $118
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,164,455

Percent of Sale Price 48%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/26/2025	$784,500	-0.06%	Price Down
8/6/2025	$785,000	-3.56%	Price Down
8/4/2025	$814,000	-0.12%	Price Down
5/5/2025	$815,000	-1.21%	Price Down
3/8/2025	$825,000		Listed Price

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1552 W MCDOWELL Road, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $784,500. 1552 W MCDOWELL Road is a studio with 0.0 baths and was built in 1946. The property's zip code is 85007 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/9/2025.

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1552 W MCDOWELL Road

Multi-Family Home for sale in Phoenix, AZ

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