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1545 W ROOSEVELT Street, Phoenix, AZ 85007

$1,615,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,615,000 Last Modified: 12/11/2025

Description

- Fully remodeled units (new HVACs, appliances, fixtures) - Additional pad included for duplex development - Currently in lease-up - Infill location near Roosevelt Arts District & Downtown employment hubs - Attractive unit mix for high $/SF rents - Potential for rent growth with interior upgrades - Walking distance to amenities and transit - New multifamily development directly adjacent UNIT MIX Studio - 7 1 Bed/1 Bath - 3 Total: 10 UNITS

More Information MLS# 6945660

Contract Info

Ownership: Fee Simple Current Price: $1,615,000 List Price: $1,615,000 Status: Active List Date: 2025-11-11

Location, Tax & Legal

Assessor's Map #: 25 Legal Description (Abbrev): PT OF SW4 SEC 6-T1N-3E & PT OF LTS 7 & 8 BLK 3 OF HOMESTEAD PL MCR 1-26 REFERRED TO AS LT 1 BLK 7 OF Assessor's Parcel #: 1 Assessor Parcel Ltr: A Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 112900 Taxes: 1514 Legal: PT OF SW4 SEC 6-T1N-3E & PT OF LTS 7 & 8 BLK 3 OF HOMESTEAD PL MCR 1-26 REFERRED TO AS LT 1 BLK 7 OF Marketing Name: 10 Units House Number: 1545 Compass: W Street Name: ROOSEVELT St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85007 Zip4: 2014 County Code: Maricopa Subdivision: HOMESTEAD PLACE Assessor Number: 111-25-001-A Tax Year: 2024

General Property Description

# of Buildings: 5 Uncvrd Parking Spcs: 10 Lot Size Dimensions: 148 FT X 48 FT Total # of Units: 10 Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Year Built: 1937 Zoning: R-5

Legal Info

Range: 3E Section: 6 Township: 1N Lot Number: 7,8

Project Type

5 - 12 Units: 1

Other Type

Other (See Remarks): 1

Construction

See Remarks: 1

Const - Finish

Other (See Remarks): 1

Roofing

See Remarks: 1

Floors

Other: 1

Sale Includes

Other (See Remarks): 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 1514 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 1800000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Community Features

See Remarks: 1

Heating

See Remarks: 1

Cooling

See Remarks: 1

Exterior Amenities

Other (See Remarks): 1

Interior Features

Other (See Remarks): 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

See Remarks: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Other (See Remarks): 1

Water Source

See Remarks: 1

Sewer

See Remarks: 1

Parking Features

See Remarks: 1

Electric

Other (See Remarks): 1

Gas

Other (See Remarks): 1

Owner Pays

See Remarks: 1

New Financing

Other (See Remarks): 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

Other (See Remarks): 1

Efficiency Units

# Efficiency Units: 7 Avg Rent: 0 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 3 Avg Rent: 0 # Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Geo Lat: 33.458339 Geo Lon: -112.093362

Property Features

Project Type: 5 - 12 Units Other Type: Other (See Remarks) Construction: See Remarks Const - Finish: Other (See Remarks) Roofing: See Remarks Floors: Other Sale Includes: Other (See Remarks) Community Features: See Remarks Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: See Remarks Heating: See Remarks Cooling: See Remarks Water Source: See Remarks Sewer: See Remarks Electric: Other (See Remarks) Gas: Other (See Remarks) Parking Features: See Remarks Road Surface Type: Asphalt Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: Orion Investment Real Estate
IDX
Last Updated: December - 11 - 2025
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