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4323 N 13TH Place, Phoenix, AZ 85014

$1,599,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,599,000 Last Modified: 6/18/2026

Description

The Chadley at Madison Park is a 5-unit multifamily community originally built in 1958 and comprehensively renovated in 2026.Interior upgrades include updated electrical panels, new plumbing, full cosmetic renovations, and new in-unit washers and dryers. Exterior improvements include a new roof, new sewer lines, new water lines, new HVAC systems, and new water tanks. The unit mix consists of (4) two-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom home, appealing to families and long-term tenants alike. Each residence features a large private backyard and a dedicated carport and outdoor space that is increasingly rare in the submarket. Ideally positioned directly across from Madison Park and Madison Park Middle School and just minutes from shopping, dining, and entertainment

More Information MLS# 7035981

Contract Info

Ownership: Fee Simple Current Price: $1,599,000 List Price: $1,599,000 Status: Active List Date: 2026-06-01

Location, Tax & Legal

Assessor's Map #: 8 Legal Description (Abbrev): MEADOWBROOK TR LOT 10 BLK 4 EX TH W 5F Assessor's Parcel #: 66 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 108602 Taxes: 1730 Legal: MEADOWBROOK TR LOT 10 BLK 4 EX TH W 5F Marketing Name: The Chadley at Madison pa House Number: 4323 Compass: N Street Name: 13TH St Suffix: Place City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Zip4: 4554 Country: US County Code: Maricopa Subdivision: MEADOWBROOK TRACT BLK 1 Assessor Number: 155-08-066-A Tax Year: 2025

General Property Description

# of Buildings: 5 Uncvrd Parking Spcs: 6 Lot Size Dimensions: 223.37x100.38x223/26x100.38 Total # of Units: 5 Elementary School District: Madison Elementary District High School District: Phoenix Union High School District Year Built: 1958 Zoning: R-3

Legal Info

Range: 3E Section: 21 Township: 2N Lot Number: 10

Project Type

5 - 12 Units: 1

Construction

Block: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Vinyl: 1

Sale Includes

Building(s) Only: 1 Laundry Equipment: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 1730 Other Income: 5750 Vacancy Allowance: 0.06 Adjusted Gross Inc: 111437

Pmt & Rate Info

Cap Rate: 5.49 Equity: 1650000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Email: 1 Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1 Individual: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Individual: 1

Exterior Amenities

Landscape Water System: 1 Desert Landscaping: 1 Fenced: 1

Tenant Pays

Gas: 1 Electricity: 1

Appliances Included

Built-In Electric Oven: 1 Built-In Gas Oven: 1 Dishwasher: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer: 1 W/D Hookup: 1

Road Access Type

City Street: 1

Road Surface Type

Treated: 1

Source of Fincl Data

Owner: 1 Projected Proforma: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

1 Space/Unit: 1 Assigned: 1 Attached Carport: 1

Electric

APS: 1

Gas

SW Gas: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 1800 Avg SqFt: 795 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 2200 Avg SqFt: 1300 # Baths: 2

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Geo Lat: 33.499274 Geo Lon: -112.052317

Income Expenses

Gross Annual Sch Inc: 112800 Net Operating Income: 90574

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Vinyl Sale Includes: Building(s) Only; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced Appliances Included: Built-In Electric Oven; Built-In Gas Oven; Refrigerator; Dishwasher; Microwave; Washer/Dryer; W/D Hookup Heating: Individual Cooling: Ceiling Fan(s); Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit; Assigned; Attached Carport Road Access Type: City Street Road Surface Type: Treated Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Email; Phone Call Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None
Listing Office: ABI Multifamily
IDX
Last Updated: June - 18 - 2026
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