4-Plex investment opportunity in the heart of the Oakland Historic District of Downtown Phoenix. Property consists of two 2 story buildings set to the back of the property with parking lot right off the street. All 4 units are identical 2 bed, 1 bath, 642 sq ft with washer and dryer's. 1 of the 4 units just went through a full renovation in 2023. All units have sub metered water and is billed back to tenants. Only expense is city sewer and trash. Grand Ave corridor has many local shops, restaurants, cafes, brewery, etc. within a block of property. Priced $50/ft or $50K/unit below recently sold renovated complex in neighborhood.
Property Details
Property Features
Property Information:
Year Built: 1983
Listing Office:
Office Name: RETSY
Office Phone: (602) 842-0000
Listing Agent: Todd Morris
Interior Features
Interior Information:
Flooring Type: Carpet, Ceramic Tile, Vinyl
Exterior Features
Parking Information:
Parking: Paved Parking, Free, >1 Space Per Unit, Street Parking
Virtual/3D Tour
3D Tour: 1509 W Pierce St
3D Tour
Utilities
Utilities Information:
Heating: Central, Heat Pump, Electric
Cooling: Central Air, Heat Pump, Electric, Ceiling Fan(s)
Other
Directions Information:
Directions: Take 7th St exit off the I-10. Head south on 7th St, take a right on Roosevelt, take left on 15th Ave, right on Pierce, and 4plex is 3rd property on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $775,000
Tax Information:
Annual Amount: $1,099
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Vista College Preparatory
812 S 6th Ave
Distance between this listing and this school1.25 miles
Public Charter Grades KG-5
4
/10
Asu Preparatory Academy- Phoenix Elementary School
735 E Fillmore St
Distance between this listing and this school1.59 miles
Public Charter Grades KG-4
2
/10
J. B. Sutton Elementary School
1001 N 31st Ave
Distance between this listing and this school1.96 miles
Public District Grades KG-5
Nearby Schools
4
/10
Capitol School
330 N 16th Ave
Distance between this listing and this school0.33 miles
Public District Grades PK-8
4
/10
Kenilworth School
1210 N 5th Ave
Distance between this listing and this school0.78 miles
Public District Grades PK-8
3
/10
Dunbar School
707 W Grant St
Distance between this listing and this school1.12 miles
Public District Grades KG-8
Nearby Schools
2
/10
City View High School
649 N 6th Ave
Distance between this listing and this school0.61 miles
Public Charter Grades 9-12
6
/10
Franklin Police and Fire High School
1645 W McDowell Rd
Distance between this listing and this school0.70 miles
Public District Grades 9-12
8
/10
Metropolitan Arts Institute
1700 N 7th Ave
Distance between this listing and this school0.91 miles
The neighbors living near this home have an average income of $39,071. Residents of Phoenix, AZ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1509 W Pierce St
What is the listing price of this property?
The listing price of 1509 W Pierce St property is $775,000.
What type of property is this?
The property 1509 W Pierce St is a house located in Phoenix, Arizona, 85007.
Is this property for sale now?
Active Listing: 1509 W Pierce St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,099 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 16, 2018 for $297,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 1509 W Pierce St is 1983.
This home is located at 1509 W Pierce St in Phoenix, AZ and zip code 85007 in the Central City neighborhood. This home was built in 1983. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $775,000.
In November 2024 more than 201 listings in Phoenix, AZ were sold above the asking price. During the same period more than 301 listings were sold at asking price, while more than 636 were sold below. Between October 2024 and November 2024, Phoenix, AZ real estate market has seen decrease in the number of listings by 1.4%. The median list price of listings available in November 2024 was $452,345, while the average time on the real estate market was 63 days.
From Rocket Homes Real Estate and based on county public records data.