ParkingOther (See Remarks), Street Parking, Common
Year Built1953
HeatingOther, Central, Natural Gas
CoolingCentral Air, Other, Ceiling Fan(s)
MLS #6756497
StatusActive
About 1538 W Osborn Rd
Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area. Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix's most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown's vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.
Property Details
Property Features
Property Information:
Year Built: 1953
Listing Office:
Office Name: My Home Group Real Estate
Office Phone: (480) 685-2760
Listing Agent: Arman Shields
Interior Features
Interior Information:
Flooring Type: Other, Ceramic Tile, Concrete
Exterior Features
Parking Information:
Parking: Other (See Remarks), Street Parking, Common
Utilities
Utilities Information:
Heating: Other, Central, Natural Gas
Cooling: Central Air, Other, Ceiling Fan(s)
Price Information
Listing Price Info
Price Summary:
List Price: $3,295,000
Tax Information:
Annual Amount: $1,407
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
4
/10
Encanto Elementary School
1426 W Osborn Rd
Distance between this listing and this school0.18 miles
Public District Grades KG-3
4
/10
Clarendon Elementary School
1225 W Clarendon Ave
Distance between this listing and this school0.31 miles
Public District Grades 4-6
7
/10
Basis Phoenix Central Primary School
201 E Indianola Ave
Distance between this listing and this school1.28 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Heard School
2301 W Thomas Rd
Distance between this listing and this school1.09 miles
Public District Grades KG-8
8
/10
Magnet Traditional School
2602 N 23rd Ave
Distance between this listing and this school1.18 miles
Public Magnet Grades KG-8
4
/10
Osborn Middle School
1102 W Highland Ave
Distance between this listing and this school1.37 miles
Public District Grades 7-8
Nearby Schools
8
/10
Phoenix College Preparatory Academy
3310 N 10th Ave
Distance between this listing and this school0.40 miles
Public Charter Grades 9-12
1
/10
Linda Abril Educational Academy
3000 N 19th Ave
Distance between this listing and this school0.54 miles
Public District Grades 10-12
5
/10
Metro Tech High School
1900 W Thomas Rd
Distance between this listing and this school0.63 miles
The neighbors living near this home have an average income of $42,342. Residents of Phoenix, AZ typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1538 W Osborn Rd
What is the listing price of this property?
The listing price of 1538 W Osborn Rd property is $3,295,000.
What type of property is this?
The property 1538 W Osborn Rd is a house located in Phoenix, Arizona, 85015.
Is this property for sale now?
Active Listing: 1538 W Osborn Rd 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 $1,407 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 14, 2021 for $575,500. (source: MLS/tax record).
Which year was this property built?
The year of construction for 1538 W Osborn Rd is 1953.
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This home is located at 1538 W Osborn Rd in Phoenix, AZ and zip code 85015 in the Westwood Terrace neighborhood. This home was built in 1953. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $3,295,000.
Phoenix, AZ housing market in October 2024 saw over 250 listings sold above listed price, more than 344 sold at listed price and over 697 sold below. The number of listings in Phoenix, AZ increased by 7.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $450,977, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
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