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1305 E MADISON Street Phoenix, AZ $ 1,525,000
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1305 E MADISON Street
$ 1,525,000
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New Construction
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1305 E MADISON Street

Phoenix, AZ, 85034
$ 1,525,000
Baths0.0

Monthly Estimate*

$ 9,390

1305 E MADISON Street, Phoenix, AZ 85034 - Image 1
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1305 E MADISON Street, Phoenix, AZ 85034 - Image 9
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1305 E MADISON Street, Phoenix, AZ 85034 - Image 13
Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,525,000. This home was built in 2025.

Brand new construction. All units are 2 bedroom 2 bath/ High end finishes throughout. This is a perfect turnkey property that is the first in a growing area with gentrification happening. Upside investment. The property is near the light rail into downtown, Bank One Ballpark, Roosevelt Row, and light rail to the airport. IECC efficient appliances and A/C

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Multi-Family Active

Price

$ 1,525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,220

Style

Multiple Dwellings

Year Built

2025

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6948798
Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning R-3
Construction Materials Wood Frame Painted Stucco Stone
Year Built 2025
Electric APS
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 88800.0
Community Features No Pool
County Maricopa
Net Operating Income 82280.0
Operating Expense 6520.0
Insurance Expense 2000.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
Garage Y/N N
Status Active
Directions Take Jefferson to 13th St. Go south on 13th St. Turn Left on Madison Property is second lot on the right
High School North High School
City Phoenix
Disclosures Other (See Remarks)
High School District Phoenix Union High School District
Open Parking Spaces 8.0
Number Of Units Total 4
Carport Y/N N
Elementary School Garfield School
Tax Annual Amount 1220.0
Middle/Junior High School Garfield School
Trash Expense 300.0
Water Sewer Expense 1500.0
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 Vacant
Elementary School District Phoenix Elementary District
Tax Lot 11
Cap Rate 5.4
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Free
Water Source City Franchise
Total Parking 8.0
Number of Buildings 2
Spa N
Lot Dimensions 7000 sq feet
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1305
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* Excluded Features
List By
Realty One Group

Broker

morgan@budwigteam.com

Email

Affordability Calculator

$9,491
Per Month
99%
1%
0%
Monthly Principal & Interest
$9,390
Monthly Property Taxes
$102
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
4327267 Elementary School
4327047 Middle School
North High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/18/2025$1,525,000 Listed Price

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1305 E MADISON Street, Phoenix, AZ, 85034 is a Multi-Family Home for sale at $1,525,000. 1305 E MADISON Street is a studio with 0.0 baths and was built in 2025. The property's zip code is 85034 which is in Phoenix, AZ

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