1229 S 13TH Avenue Phoenix, AZ ^$ 429,000

1229 S 13TH Avenue

^$ 429,000

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1229 S 13TH Avenue

Phoenix, AZ, 85007

^$ 429,000

Studio Baths0.0

Monthly Estimate*

^$ 2,676

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $429,000. This home was built in 2018.

These centrally-located Downtown Phoenix units, built in 2018, are comprised of three 1 bedroom, 1 bath detached units. As of Sept 2025, this cash flowing investment property grosses around $2,850/mo or $34,200/yr. One unit is rented as a short-term rental while two are long-term rentals. The 3 buildings are also individually metered for electric. All units enjoy vaulted ceilings, laminate wood flooring, dual pane windows, ceiling fans, shaker cabinets, rear storage rooms, mini-split heating and cooling, and there are multiple above ground garden beds for the community to use.

Multi-Family Active

Price

^$ 429,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 961

Style

Multiple Dwellings

Year Built

2018

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6911635

Features

General

Sewer Public Sewer

Heating 2 or More Units Electric

Cooling Ceiling Fan(s) Electric 2 or More Units

Roof Composition

Zoning R-3

Construction Materials Wood Frame Siding Painted

Year Built 2018

Electric APS Individual Meter

Township 1N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 40480.0

Community Features No Pool

County Maricopa

Net Operating Income 33715.0

Operating Expense 961.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name WARD TRACT

Garage Y/N N

Status Active

High School Central High School

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 3

Carport Y/N N

Elementary School Mary Mcleod Bethune School

Tax Annual Amount 961.0

Middle/Junior High School Mary Mcleod Bethune School

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 9

Cap Rate 7.86

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features 1 Space/Unit

Water Source Master Meter City Franchise

Total Parking 8.0

Number of Buildings 3

Spa N

Lot Dimensions 50 x 135

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1229

* Excluded Features

List By

My Home Group Real Estate

Broker

danielwang260@gmail.com

Affordability Calculator

$2,756

Per Month

Monthly Principal & Interest: $2,676
Monthly Property Taxes: $80
Monthly Home Insurance: --

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Interest Rate

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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 ^$1,222,999

Percent of Sale Price 185%

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.

4328024 Elementary School

4327875 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/12/2025	$429,000	-4.67%	Price Down
8/28/2025	$450,000		Listed Price

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1229 S 13TH Avenue, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $429,000. 1229 S 13TH Avenue is a studio with 0.0 baths and was built in 2018. 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 12/18/2025.

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1229 S 13TH Avenue

Multi-Family Home for sale in Phoenix, AZ

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