1023 E AMELIA Avenue Phoenix, AZ ^$ 875,000

1023 E AMELIA Avenue

^$ 875,000

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1023 E AMELIA Avenue

Phoenix, AZ, 85014

^$ 875,000

Studio Baths0.0

Monthly Estimate*

^$ 5,459

1023 E AMELIA Avenue, Phoenix, AZ 85014 - Image 1

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1023 E AMELIA Avenue, Phoenix, AZ 85014 - Image 9

Studio

Multi-Family Home for sale in Phoenix, AZ

for $875,000. This home was built in 1955.

Herradura Villas Fourplex (2 duplexes one lot) has undergone a comprehensive renovation with no detail overlooked. Each of the 4 units 1-bedroom, 1-bathroom units boasts high-end finishes and thoughtful upgrades, including brand-new roofs, tankless water heaters, new sewer and water lines, smooth synthetic stucco with foam backing, upgraded electrical systems and panels, modern kitchen cabinetry, flooring, and bathrooms. All permitted with certificates of Occupancy. Each unit is individually metered for electricity and gas, while each building is individually metered for water. Both buildings at the property have received extensive infrastructure upgrades, making this community a turn-key, low-maintenance investment.

Multi-Family Active

Price

^$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,567

Style

Multiple Dwellings

Year Built

1955

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6900051

Features

General

Sewer Public Sewer

Heating Individual Natural Gas

Cooling Electric Individual

Roof Foam

Zoning R-3

Construction Materials Stucco Block

Year Built 1955

Electric APS Individual Meter

Township 2N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 65892.0

Community Features No Pool

County Maricopa

Net Operating Income 54725.0

Operating Expense 3567.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name KAY TRACT

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

Carport Y/N N

Tax Annual Amount 3567.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Osborn Elementary District

Tax Lot 25

Cap Rate 5.58

New Financing: Conventional True

Senior Community N

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 >1 Space Per Unit

Water Source Individual Meter City Franchise

Total Parking 8.0

Number of Buildings 2

Spa N

Lot Dimensions 118.40x117.38x132.85x132.50

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1023

* Excluded Features

List By

Abi Multifamily

Broker

dallin.hammond@abimf.com

Affordability Calculator

$5,756

Per Month

Monthly Principal & Interest: $5,459
Monthly Property Taxes: $297
Monthly Home Insurance: --

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Interest Rate

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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 ^$1,203,102

Percent of Sale Price 37%

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
12/1/2025	$875,000	-10.71%	Price Down
8/2/2025	$980,000		Listed Price

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1023 E AMELIA Avenue, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $875,000. 1023 E AMELIA Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 85014 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 12/18/2025.

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1023 E AMELIA Avenue

Multi-Family Home for sale in Phoenix, AZ

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