2013 W ADAMS Street, Phoenix, AZ 85009

$499,000

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 3 Status: Active

Current Price: $499,000 Last Modified: 9/27/2026

Overview

Description

Fully occupied tri-plex located near downtown Phoenix with stable tenants and great cash flow ($3400 per month)! The property consists of three 2 bedroom, 1 bathroom units; 2 of the units have been remodeled. Other updates/upgrades include: new roof (2022), new backyard fencing, new water heater and new windows for unit 2015; new electrical panel for unit 2013. The 3 units are located on a spacious 14,000 square foot lot with a gated yard for each unit. Tenants pay for electric; owner pays for water and trash. Property is a corner lot located near the state capitol with easy access to both I-10 and I-17. Come check out this great, cenrally located, income producing property!

Listing Details MLS# 7085899

Location, Tax & Legal

House Number: 2013
Compass: W
Street Name: ADAMS
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 5238
Country: US
County Code: Maricopa
Subdivision: CAPITOL ADDITION
Assessor Number: 109-31-030-A
Tax Year: 2025
Assessor's Map #: 31
Legal Description (Abbrev): CAPITOL MCR 2/13 LOTS 3 & 4
Assessor's Parcel #: 30
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114402
Taxes: 838
Legal: CAPITOL MCR 2/13 LOTS 3 & 4
Marketing Name: 22/002

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: total lot 14,000 square feet
Year Built: 1946
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: Yes
Zoning: R-3
Flood Zone: TBD
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Mary Mcleod Bethune School
Jr. High School: Mary Mcleod Bethune School
High School: Central High School

Remarks Misc

Cross Street: 19th Ave. and Adams
Directions: Go West on Adams past 19th Ave.. Property will be on the left. Street parking available on 20th Ave.

Legal Info

Township: 1N
Range: 2E
Section: 12
Lot Number: 4

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1133.33
Avg SqFt: 700
# Baths: Yes

More Information

Structure

Bedrooms Total: 6
Bathrooms Total: 3

Income Expenses

Gross Annual Sch Inc: 38760
Net Operating Income: 38147

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes
Phone Call: Yes

Project Type

Tri-Plex: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Block: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Trash Exp: 815
Annual Wtr/Swr Exp: 1000
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2653
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 36822
Total Monthly Rental Income: 3400

Pmt & Rate Info

Cap Rate: 7.64
Equity: 499000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Amenities

Fenced: Yes
Cable TV Available: Yes

Interior Features

Unfurnished: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Free-Standing Electric Oven: Yes
Refrigerator: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

1 Space/Unit: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Terms

Non Assumable: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Laminate; Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available Interior Features: Unfurnished Appliances Included: Free-Standing Electric Oven; Refrigerator Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS Gas: None Parking Features: 1 Space/Unit Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Non Assumable New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None

Listing Office: HomeSmart

Last Updated: September - 27 - 2026