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Street View
$699,900
Monthly Est:$3,484
-- Bed
-- Bath
--sqft
1015 S 1st Avenue, Phoenix, AZ 85003
$699,900
$3,484/moEst:
Get Pre-Approved
Townhouse
Built in 1936
$-- HOA
-- sqft lot
--/sqft
Description
Exceptional 3-unit, garden-style investment opportunity offering a 9.23% gross CAP rate. The property features a thoughtfully reimagined front residence originally built in 1936 and fully renovated in 2024, along with a newly constructed rear ADU completed in 2024. The unit mix includes one (1) 3-bed/2-bath unit, (1) 2-bed/2bath unit, and (1) 2-bed/1-bath unit. Each residence offers fully upgraded interiors with white quartz countertops, luxury vinyl plank flooring, subway tile showers, stainless steel appliances, and in-unit washer and dryer. Recent exterior improvements include new stucco, dual-pane windows, new HVAC systems, a new roof, and ample on-site storage. Tenants also enjoy access to a spacious shared backyard area, creating a comfortable outdoor setting for residents. designed for shared outdoor living.
Ideally situated in the Roosevelt Arts District, the property offers convenient access to Downtown Phoenix's thriving cultural venues, acclaimed dining, and premier entertainment destinations.
- Houzeo last checked: 4 hours ago
- Listing updated: August 1, 2026 at 2:13 pm
- Listing Provided by: Robert Babineau (708) 268-8125 , Alexandra Endaya (480) 522-7699 | Jason Mitchell Real Estate (480) 522-1030
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 6992945
Property Details
Status
Active Under Contract
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1936
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
6992945
MLS Status
UCB (Under Contract-Backups)
Days on Market
218
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Ceramic Tile
Appliances
Refrigerator, Dishwasher, Disposal, Microwave, Washer/dryer, Free Standing Gas Oven
Heating
Central, Forced Air
Cooling
Electric, Ceiling Fan(s)
Construction
Year Built
Year Built: 1936
Home type
Townhouse
Construction Materials
Block, Stucco
Roof
Built Up
Utilities & Energy
Water Source
City Franchise
Parking Features
>1 Space Per Unit
Electric
Aps
Other Features
Subdivision Name
Montgomery
Disclosures
None
Tenant Pays
Electricity
Community Features
Other
Price History
| Date | Event | Price |
|---|---|---|
08/01/2026 Source: | Sold | $699,900 $0/sqft |
08/01/2026 Source: | Contingent (Active Under Contract) | $699,900 $0/sqft |
05/06/2026 Source: | Off Market | $699,900 -2.10% $0/sqft |
03/04/2026 Source: | Price Decreased | $714,900 -0.56% $0/sqft |
02/20/2026 Source: | Price Decreased | $718,900 -0.01% $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 09, 2026, 02:30PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services