313 W JONES Avenue Phoenix, AZ ^$ 1,099,900

313 W JONES Avenue

^$ 1,099,900

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313 W JONES Avenue

Phoenix, AZ, 85041

^$ 1,099,900

Studio Baths0.0

Monthly Estimate*

^$ 6,772

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,099,900. This home was built in 1944.

Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!

Multi-Family Pending

Price

^$ 1,099,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,233

Style

Multiple Dwellings

Year Built

1944

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6838625

Features

General

Sewer Public Sewer

Heating See Remarks

Cooling See Remarks

Roof Other

Zoning R3

Construction Materials Wood Frame Painted Stucco

Year Built 1944

Electric SRP

Township 1N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 0.0

Community Features No Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 2233.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name SOUTHGATE PARK

Garage Y/N N

Status Pending

Directions Head south on S Central Ave Turn right onto W Jones Ave. Property will be on the right.

High School South Mountain High School

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 30.0

Number Of Units Total 20

Carport Y/N N

Tax Annual Amount 2233.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://home.quickpictours.com/videos/0195b4bc-fd84-72e7-a123-1507b1d9f50c

Standard Status Pending

Elementary School District Roosevelt Elementary District

Tax Lot 1

Senior Community N

New Financing: Cash True

Interior

Flooring Other

Air Conditioning Y/N N

Heating Y/N N

Total Baths 0

Exterior

Parking Features Other

Water Source City Franchise

Total Parking 30.0

Number of Buildings 14

Spa N

Lot Dimensions 120 X 240

Road Surface Type Asphalt Dirt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 313

* Excluded Features

List By

Jm Realty

Broker

joseph.mahoney@jmrealty.net

Affordability Calculator

$6,958

Per Month

Monthly Principal & Interest: $6,772
Monthly Property Taxes: $186
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 6.25% 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! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,259,305

Percent of Sale Price 14%

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

South Mountain High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$1,099,900	-4.35%	Price Down
9/24/2025	$1,149,900	-4.17%	Price Down
9/18/2025	$1,199,900	-4.00%	Price Down
8/22/2025	$1,249,900	-3.78%	Price Down
7/23/2025	$1,299,000	-10.41%	Price Down
5/8/2025	$1,450,000	-3.33%	Price Down
3/21/2025	$1,500,000		Listed Price

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313 W JONES Avenue, Phoenix, AZ, 85041 is a Multi-Family Home for sale at $1,099,900. 313 W JONES Avenue is a studio with 0.0 baths and was built in 1944. The property's zip code is 85041 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 4/16/2026.

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313 W JONES Avenue

Multi-Family Home for sale in Phoenix, AZ

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