316 E VOGEL Avenue Phoenix, AZ $ 875,000
316 E VOGEL Avenue
$ 875,000
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316 E VOGEL Avenue

Phoenix, AZ, 85020
$ 875,000
Baths0.0

Monthly Estimate*

$ 5,388

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $875,000. This home was built in 1939.

Fully upgraded triplex in Central Phoenix! Two 3BR units + studio, new appliances, paint, flooring & landscaping. BBQ area & rentable storage add income. Turnkey with $24K in recent updates! Welcome to 316 E Vogel, a meticulously maintained triplex offering an incredible investment opportunity with its blend of modern amenities and classic charm. This unique property consists of two spacious three-bedroom units and a cozy studio, all designed to cater to a variety of living needs. With recent upgrades, a beautiful common BBQ area, and potential for additional income from rentable storage space, this property is a standout choice for investors. Property Highlights: Two-Story House: Appliances: Enjoy the convenience of a brand new Kitchen Aid dishwasher, GE microwave, stove, and refrigerator, all replaced in mid-July 2024. Please note that no warranties are provided. Laundry: Equipped with a gas washer and dryer for added convenience. Recent Upgrades: Interior repainted, enhancing the home's fresh appeal ($2,000). Stair carpet and baseboards have been updated with stylish laminate flooring ($1,800). New blinds installed throughout for added privacy and style ($500). Exterior freshly painted to boost curb appeal ($1,800). Modern appliances replaced ($1,200). One-Story House: Appliances: Features the same high-quality Kitchen Aid and GE appliances, updated in mid-July 2024, with no warranties. Laundry: Includes a gas washer and dryer. Recent Upgrades: Newly repainted interior ($1,800). Updated blinds throughout ($800). Exterior painting completed to ensure a welcoming exterior ($1,800). Appliances replaced for tenant comfort ($1,200). Casita: Appliances: Outfitted with a new Kitchen Aid dishwasher, GE gas stove, microwave, and refrigerator, all installed in mid-July 2024, with no warranties. Recent Upgrades: Interior repainted to refresh the space ($1,200). New blinds throughout for an elegant touch ($200). All flooring and baseboards replaced for a modern look ($4,200). Cabinets repaired and repainted for a like-new appearance ($800). Appliances replaced to ensure reliability and functionality ($1,200). On-Site Features: Storage Options: Two large grey storage sheds behind the Casita and one large permanent shed, offering the opportunity to rent for additional income. All contents will be cleared before closing. Beautiful Common BBQ Area: Perfect for entertaining and enjoying Arizona's sunny weather. Site Improvements: Brick and walkway repairs completed for safety and aesthetics ($1,000). Landscaping and trimming enhance the property's natural beauty ($2,500). Financial Summary: Total Capital Expenditures (Last 3 Months): $24,000 Two-Story House: $7,300 One-Story House: $5,600 Casita: $7,600 On-Site Improvements: $3,500 316 E Vogel offers a unique combination of comfort, convenience, and income potential, making it an excellent choice for investors seeking a property with minimal upkeep and maximum returns. With its strategic location and recent enhancements, this triplex is ready to deliver a great living experience for tenants and a profitable investment for its new owner. Don't miss this opportunity to own a versatile property in a thriving community! Buyer to verify all facts and figures.

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,958

Style

Multiple Dwellings

Year Built

1939

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6935184

Features
General
Sewer Public Sewer
Heating Individual Heat Pump
Cooling Ceiling Fan(s) Heat Pump Individual
Roof Composition
Zoning [R-3] Multiple
Construction Materials Wood Frame Siding Painted Brick
Year Built 1939
Electric APS Individual Meter
Township 3N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 66639.0
Community Features Barbecue No Pool
County Maricopa
Net Operating Income 48191.0
Operating Expense 18529.0
Insurance Expense 3285.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 750.0
Subdivision Name TENGEN PLACE ADDITION
Garage Y/N N
Status Active
Directions From E Mountain View Rd Turn left onto N 7th St Turn right onto E Vogel Property is on the North side of the Street. Drive by only
City Phoenix
Disclosures Seller Prop Disc Stm APOD/Backup Avaible Sch of Personal Prop
High School District Glendale Union High School District
Open Parking Spaces 7.0
Number Of Units Total 3
Carport Y/N N
Tax Annual Amount 6958.0
Electric Expense 0.0
Fuel Expense 0.0
Water Sewer Expense 3600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.arizonarealtours.com/2361241?idx=1
Standard Status Active
Tax Lot 4
Cap Rate 4.94
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 Other Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved Free Add'l Parking Avail >1 Space Per Unit On Street
Water Source Individual Meter City Franchise
Total Parking 7.0
Number of Buildings 3
Spa N
Lot Dimensions irr
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 316
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* Excluded Features
List By
Gerchick Real Estate

Broker

Linda@justsoldit.com

Email

Affordability Calculator

$5,967
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$580
Monthly 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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Nearby
4327134 Elementary School
4327258 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2026$875,000 -5.41% Price Down
12/31/2025$925,000 -1.07% Price Down
10/17/2025$935,000 Listed Price

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316 E VOGEL Avenue, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $875,000. 316 E VOGEL Avenue is a studio with 0.0 baths and was built in 1939. The property's zip code is 85020 which is in Phoenix, AZ