3818 W PORTLAND Street, Phoenix, AZ 85009

$385,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $385,000 List Date: 7/19/2024 Last Modified: 5/08/2025

Description

Discover the allure of urban living with this centrally located multi-unit property, just minutes from downtown Phoenix. Featuring three meticulously maintained units, each offers modern kitchens with ample storage, spacious living areas, and updated bathrooms. Recent upgrades include fresh paint, new electrical systems, and high-quality tile flooring for low-maintenance living. Enjoy private outdoor spaces, secure parking, and common areas. Nestled in a vibrant neighborhood close to top dining and shopping, this property blends suburban tranquility with urban excitement. A prime investment with strong rental history, it promises substantial income potential near key downtown attractions.

More Information MLS# 6729547

Contract Info

Current Price: $385,000 Sold Price: $385,000 Status: Closed List Date: 2024-07-10 Ownership: Fee Simple

Location Tax Legal

House Number: 3818 Compass: W Street Name: PORTLAND St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85009 Zip4: 3267 Country: US County Code: Maricopa Subdivision: WEST PHOENIX NO 4 Assessor Number: 106-09-133 Tax Year: 2023

General Property Description

Lot Size Dimensions: 6460 Year Built: 1946 Uncvrd Parking Spcs: 3 Total # of Units: 3 # of Buildings: 2 Zoning: [R-6] Elementary School District: Isaac Elementary District High School District: Phoenix Union High School District Jr. High School: Isaac Middle School

Remarks Misc

Cross Street: 39th ave and McDowell Directions: From I-10 West: Take the 35th Ave exit and head south. Continue on 35th Ave: Drive south until you reach Portland Street. Turn East on Portland Street: Travel east until you reach the destination Geo Lat: 33.459837 Geo Lon: -112.141809

Status Change Info

Status Change Date: 2025-05-08 Off Market Date: 2025-04-14 Under Contract Date: 2025-04-14 Close of Escrow Date: 2025-05-07 Sold Price: $385,000

Legal Info

Township: 1N Range: 2E Section: 3 Block: 30 Lot Number: 10

Income Expenses

Gross Annual Sch Inc: 33599 Net Operating Income: 23527

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 1 Avg Rent: 675 Avg SqFt: 300 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 750 Avg SqFt: 589 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 975 Avg SqFt: 803 # Baths: 2

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Green Landscaping; Desert Landscaping; Fenced Interior Amenities: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Window/Wall Unit Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS Gas: None Parking Features: On Street; 1 Space/Unit Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Ln Type: Fixed New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None

Listing Office: Real Broker

Last Updated: May - 08 - 2025

3818 W PORTLAND Street, Phoenix, AZ 85009 (MLS# 6729547)