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Sold for $685,000 on 11/15/23
  • $685,000

    2231 E Taylor St, Phoenix, AZ 85006

    6beds
    5baths
    2,240sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $798,700 Zestimate®
    $306/sqft
    $1,989 Estimated rent

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    $1,989/mo

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    $1,989/mo

    Rent Zestimate®

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    $3,784/mo

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    $3,784/mo

    Est. payment

    What's special

    This upgraded 5-unit property offers day one cash-flow and nearly a 7% cap rate on actuals! Major upgrades have been done to the bones of the property, including a recent replacement of the main sewer line. Cosmetic upgrades include but are not limited to new flooring, interior & exterior paint, kitchen cabinets & countertops, and bathroom tiles & vanities. The property is well managed with government-assisted tenants on annual leases at market rates. Individually metered for electric. Located in an Opportunity Zone near Phoenix Sky Harbor Airport, downtown Phoenix, and I-10 & Loop 202 freeways. To learn more about City of Phoenix Opportunity Zones go to https://www.phoenix.gov/econdev/opportunity-zones. Drive-by only. Please do not disturb tenants.

    Zillow last checked: 9 hours ago

    Listing updated: July 01, 2025 at 03:30pm

    Listed by:

    Colin Kreager 602-714-1353,

    ABI Multifamily

    Bought with:

    Sonya Buerger, SA638787000

    HomeSmart

    Source: ARMLS,MLS#: 6597018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: None
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 2,240
    • Total interior livable area: 2,240 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: 1 Space/Unit, On Street
    • Uncovered spaces: 6
    Details
    • Parcel number: 11601073
    • Zoning: Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Stucco, Block
    • Roof: Composition
    Condition
    • Year built: 1958

    Utilities & green energy

    • Electric: City Electric, Individual Meter
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: AVIATION HOMESITES

    Other

    Other facts
    • Listing terms: Conventional,1031 Exchange
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $798,700
    2% more+$15,974
    With Zillow Showcase(estimated)$814,674