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Sold for $1,120,000 on 06/28/23
  • $1,120,000

    502 E Willetta St, Phoenix, AZ 85004

    4beds
    2baths
    3,400sqft
    Multi Family
    Built in 1951
    -- sqft lot
    $1,256,300 Zestimate®
    $329/sqft
    $1,943 Estimated rent

    Owner options

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    $1,943/mo

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    $1,943/mo

    Rent Zestimate®

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    $6,463/mo

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    $6,463/mo

    Est. payment

    What's special

    Highly sought after Central Phoenix multifamily property consisting of 2 duplexes each with its own water line for a total of 3500 sqft on a 13,000 sqft lot with unobstructed views of the City Skyline, this property offers entry into one of the valley's top tier rental submarket. Each unit just over 800 sqft HVAC system approx 3 years old, upgrades to electrical, kitchens and baths, each unit comes with a 1 car garage. Within walking distance to Banner Medical Center and a bike ride away from ASU Downtown this property offers a multitude of opportunities, property has a mix use zoning and has the potential to be a development project. Six new midrise and high rise multi-family projects already under construction all within 2 miles of the property. The lot across the street at 340 E Willetta is under contract for over 900k, with plans to build a 25 unit complex.

    Zillow last checked: 8 hours ago

    Listing updated: February 21, 2025 at 08:41am

    Listed by:

    Daniel Feld 602-230-7600,

    HomeSmart

    Bought with:

    Bruno Arapovic, SA547460000

    HomeSmart

    Source: ARMLS,MLS#: 6536537MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Refrigerator, Washer/Dryer
    Features
    • Flooring: Concrete
    Interior area
    • Total structure area: 3,400
    • Total interior livable area: 3,400 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved
    • Covered spaces: 4
    • Uncovered spaces: 2
    Details
    • Parcel number: 11137051
    • Zoning: mix use

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Tile
    Condition
    • Year built: 1951

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: EAST EVERGREEN ADDN BLKS 13 14 19 20

    Other

    Other facts
    • Listing terms: Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
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    Estimated market value
    $1,256,300