$360,000
$375,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
2615 W MORTEN Avenue Phoenix, AZ 85051
Key Details
Sold Price $360,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Vista Income Estates 5
MLS Listing ID 5952283
Sold Date 02/21/20
Maintenance Fees $1,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1955
Annual Tax Amount $1,363
Tax Year 2018
Lot Dimensions 180X64.66
Property Description
Great income producing 3-plex located in Vista Income Estates, a well established income producing area in Phoenix with no HOA. This property is zoned R-3 and 4-Units are allowed per zoning department. Currently priced BELOW market value. Updates and/or additions have been performed to each unit by past owner. An efficiency unit was converted to a one bedroom with new AC, roof and water heater all roughly 4-years old. The two and three bedroom units have washer/dryer hook-ups. Also has a great owner-occupy opportunity with the two and three bedroom units being month to month leases. All tenants have expressed their desire to stay. Unit D in very back permitted as storage space however it has a kitchen, bathroom, and 1-bedroom and can be converted by new owner to permitted livable unit. as storage space however it can be converted by new owner to permitted livable unit.
Location
State AZ
County Maricopa
Community Vista Income Estates 5
Zoning Multi-Family
Direction From I-17 go west on Northern to 27th Ave. Then go South (Left) to Morten then go East (Left) on right side.
Interior
Heating Natural Gas
Cooling Electric
Flooring Ceramic Tile
Appliance Other (See Remarks)
Exterior
Parking Features 1 Space/Unit
Community Features Other, See Remarks, No Pool
Roof Type Composition
Total Parking Spaces 5
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Washington Elementary School
Middle Schools Palo Verde Elementary School
High Schools Cortez High School
School District Glendale Union High School District
Others
Senior Community No
Tax ID 157-30-032
Acceptable Financing Other (See Remarks), CTL, Conventional, FHA, VA Loan
Listing Terms Other (See Remarks), CTL, Conventional, FHA, VA Loan
Financing Other
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with West USA Realty