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Sold for $525,000
Sold for $525,000
3231 W Madison St Phoenix, AZ 85009
$525,000
CLOSEDBeds
Baths
0
Sqft
Year
1985
Close Date
Apr 6, 2021
Property Type
Multiple Dwellings
Sub Type
Date Listed
Feb 22, 2021
Description of 3231 W Madison St, Phoenix, AZ 85009
Listing details for 3231 W Madison St, Phoenix, AZ 85009 : Professionally managed, renovated 4-plex that is 100% occupied at $4,000 per month gross or $48,000 per year at a 7.77% CAP. All units are 2 bedroom 1 bath with large courtyards. Individually metered for electric with tenants paying for electricity while the owner pays water, sewer, and trash. New roof, R-38 insulation, new dual pane windows, new exterior paint, and new AC has been installed. Each unit features stainless steel appliances, new interior doors, fresh interior paint, new shaker cabinets, and new Quartz counters.
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Listing Updated : 04-29-2026 at 8:48 AM MST
Listing Provided By : Keith Grayson, 602-418-0350, Grayson & Grayson
Properties displayed may be listed or sold by various participants in the MLS
Source :
ARMLS, MLS#: 6197651
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$525,000
MLS #ID
6197651
Close Price
$525,000
Close Date
Apr 6, 2021
Bedrooms
Bathrooms
0
Square Footage
Year
1985
Days on Site
170 Days
Property Type
Multiple Dwellings
Property Sub Type
Price per Sq Ft
$0
Date Listed
Feb 22, 2021
Location
Street Address
3231 W Madison St
City
State
Arizona
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From I-10 and 35th Avenue South on 35th Avenue, East on Washington, South on 33rd Avenue, East on Madison to property.
Schools
Elementary School
Middle School
High School
Construction / Architecture
Year Built
1985
Construction Materials
Painted and Block
Roof
Composition
New Construction
No
Price per Sq Ft
$0
Lot Dimensions
59 x 135
Interior Details
Fireplace
No
Heating
Individual, Central, 2 or More Units and Electric
Cooling
2 or More Units, Central A/C, Individual and Electric
Exterior Details
Garage
No
Parking Features
1 Space/Unit
Fencing
None
Water Source
Master Meter
Sewer
Public Sewer
Community Features
No Pool
Taxes, HOA & Financing
HOA Fee Includes
None
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Property History
DateEventPrice
4/6/2021
Sold
$525,000 0%
Source:ARMLS #6197651
ARMLS #6197651 2/22/2021
Listed for sale
$525,000 +108.3%
Source:ARMLS #6197651
ARMLS #6197651 5/15/2020
Sold
$252,000 -10.6%
Source:ARMLS #6058181
ARMLS #6058181 3/27/2020
Listed for sale
$282,000 +464%
Source:ARMLS #6058181
ARMLS #6058181 8/1/2012
Sold
$50,000 -54.5%
Source:ARMLS #4691357
ARMLS #4691357 12/20/2011
Listed for sale
$110,000
Source:ARMLS #4691357
ARMLS #4691357Location of 3231 W Madison St, Phoenix, AZ 85009
Streetview of 3231 W Madison St, Phoenix, AZ 85009
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