Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,685,000
Last Modified:
10/27/2025
Search
1421 E ROOSEVELT Street, Phoenix, AZ 85006
$1,685,000
Description
This 8-unit garden-style property, built in 1983, offers a mix of (4) one-bedroom, one-bath units and (4) two-bedroom, one-bath units, each featuring a private backyard patio. With a light value-add opportunity through interior and exterior renovations, the property presents strong potential for appreciation. Individually metered for electricity, it ensures efficient utility management. Ideally situated in the sought-after Garfield Historic District, residents enjoy close proximity to Downtown Phoenix's vibrant dining and entertainment scene. Additionally, the property is less than a 10-minute drive from Phoenix Sky Harbor International Airport, making it a highly desirable investment opportunity.
More Information MLS# 6929671
Contract Info
Ownership: Fee Simple
Current Price: $1,685,000
List Price: $1,685,000
Status: Active
List Date: 2025-10-06
Location, Tax & Legal
Assessor's Map #: 19
Legal Description (Abbrev): KLECK TR PT LOT 6 EX E 3' & EX N 16' OF W47
Assessor's Parcel #: 120
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 113201
Taxes: 1072
Legal: KLECK TR PT LOT 6 EX E 3' & EX N 16' OF W47
Marketing Name: Roosevelt 8
House Number: 1421
Compass: E
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3529
County Code: Maricopa
Subdivision: KLECK TRACT
Assessor Number: 116-19-120
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 8
Lot Size Dimensions: *
Total # of Units: 8
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Year Built: 1983
Zoning: R-5
Legal Info
Range: 3E
Section: 4
Township: 1N
Lot Number: 6
Project Type
5 - 12 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Concrete: 1
Other: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1072
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 1750000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Central Air: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Electric Oven: 1
Refrigerator: 1
Road Access Type
Alley: 1
Road Surface Type
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
<1 Space Per Unit: 1
Electric
Individual Meter: 1
Gas
Other (See Remarks): 1
Owner Pays
Water: 1
Trash Collection: 1
Landscaping: 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1050
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1250
Avg SqFt: 670
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.458419
Geo Lon: -112.051072
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Concrete; Other
Sale Includes: Other (See Remarks)
Community Features: No Pool
Appliances Included: Free-Standing Electric Oven; Refrigerator
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Individual Meter
Gas: Other (See Remarks)
Parking Features: <1 Space Per Unit
Road Access Type: Alley
Road Surface Type: Gravel
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: Combo
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office:
ABI Multifamily
Last Updated: October - 27 - 2025
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