2 months on rocket

338 E Portland St, Phoenix, AZ, 85004

$3,380,000

0 Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingPaved Parking, Fee, Assigned, Auto Door Opener, Street Parking
Year Built1948
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #6754543
StatusActive

About 338 E Portland St

This fully remodeled, 9-unit multi-family property is situated in the heart of the Roosevelt Arts District, offering immediate rental income while you plan a redevelopment project with high ROI potential. Zoned DTC-E-EV, this prime lot allows for up to 98 residential units or a mix of retail and boutique hotel space, with building heights up to 250 feet. Located in one of Phoenix's fastest-growing areas, close to public transit, dining, and entertainment, this property is perfect for investors looking to capitalize on the city's rapid development. Don't miss out on this rare opportunity to maximize your returns!

Property Details

Property Features

Property Information:

  • Year Built: 1948

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Thomas Chung, Ada Yap Chan

Interior Features

Interior Information:

  • Flooring Type: Wood, Concrete

Exterior Features

Parking Information:

  • Parking: Paved Parking, Fee, Assigned, Auto Door Opener, Street Parking

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,380,000

Tax Information:

  • Annual Amount: $2,049
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

338 E Portland St vs Phoenix

70 DAYS ON ROCKET

+8 Days

$3,380,000

+$2.9M More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6754543

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Thomas Chung, Ada Yap Chan

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 27, 2012Home Sold
$380,641
Jan 28, 2000Home Sold
$193,000
Dec 26, 1997Home Sold
$19,377
Nov 04, 1996Home Sold
$137,000
May 18, 1995Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,049$45,880
2020$2,072$44,920
2019$2,033$40,750
2017$1,987$32,280

History based on county public records data.

Payment Calculator

$16.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.2K

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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.

Nearby Schools

school-card-donut-671635
4
/10
  • Asu Preparatory Academy- Phoenix Elementary School

  • 735 E Fillmore St

  • 0.50 miles

  • Public Charter Grades KG-4

school-card-donut-671636
8
/10
  • Vista College Preparatory

  • 812 S 6th Ave

  • 1.65 miles

  • Public Charter Grades KG-5

school-card-donut-671637
7
/10
  • Basis Phoenix Central Primary School

  • 201 E Indianola Ave

  • 2.20 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,225. Most Phoenix, AZ residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 338 E Portland St

What is the listing price of this property?

The listing price of 338 E Portland St property is $3,380,000.

What type of property is this?

The property 338 E Portland St is a house located in Phoenix, Arizona, 85004.

Is this property for sale now?

Active Listing: 338 E Portland 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 $2,049 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 27, 2012 for $380,641. (source: MLS/tax record).

Which year was this property built?

The year of construction for 338 E Portland St is 1948.
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Rocket Homes›Arizona›Maricopa County›Phoenix›85004›338 E Portland St

This home is located at 338 E Portland St in Phoenix, AZ and zip code 85004 in the East Evergreen neighborhood. This home was built in 1948. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $3,380,000.

While more than 250 listings in Phoenix, AZ in October 2024 were sold above asking price, there were more than 344 listings sold at asking price, and more than 697 were sold below. In October 2024 in Phoenix, AZ there were 7.5% more homes for sale than in September 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $450,977.

From Rocket Homes Real Estate and based on county public records data.

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