2537 E SOUTHGATE Avenue, Phoenix, AZ 85040
$719,000
Property Type:
Multiple Dwellings
Bedrooms:
6
Baths:
6
Status:
Active
Current Price:
$719,000
Last Modified:
10/08/2026
Overview
Description
Listing Details MLS# 7071607
Location, Tax & Legal
- House Number
- 2537
- Compass
- E
- Street Name
- SOUTHGATE
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85040
- Zip4
- 1591
- Country
- US
- County Code
- Maricopa
- Subdivision
- PEILA HOMES LOTS 39-79 103-126
- Assessor Number
- 122-21-125
- Tax Year
- 2025
- Assessor's Map #
- 21
- Legal Description (Abbrev)
- LOT 83 PEILA HOMES LOTS 39-79 103-126 MCR 004312
- Assessor's Parcel #
- 125
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 115200
- Taxes
- 6084
- Legal
- LOT 83 PEILA HOMES LOTS 39-79 103-126 MCR 004312
- Marketing Name
- Piela Homes
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 63' x 125'
- Year Built
- 2024
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 2
- # of Buildings
- Yes
- Zoning
- R3
- Flood Zone
- No
- Elementary School District
- Roosevelt Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Percy L Julian School
- Jr. High School
- Percy L Julian School
- High School
- South Mountain High School
Remarks Misc
- Cross Street
- 24th st & Broadway
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 23
- Lot Number
- 83
3 Bedrooms Units
- # 3 Bedroom Units
- 2
- Avg Rent
- 2200
- Avg SqFt
- 2164
- # Baths
- 3
More Information
Structure
- Bedrooms Total
- 6
- Bathrooms Total
- 6
Income Expenses
- Gross Annual Sch Inc
- 52800
- Net Operating Income
- 41646
Showing Notification Methods
- Showing Service
- Aligned Showings
Project Type
- Duplex
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Rolled
- Yes
Floors
- Vinyl
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Ins Exp
- 1050
- Annual Wtr/Swr Exp
- 1380
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 8514
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 50160
Pmt & Rate Info
- Cap Rate
- 5.64
- Equity
- 739000
- Down Payment %
- 27.06
- Monthly Payments
- 3407
- 1st Interest Rate
- 6.5
- Total Owed
- 0
Lockbox Type
- Supra
- Yes
Community Features
- No Pool
- Yes
Heating
- Central
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
Tenant Pays
- Sewer
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- 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
Parking Features
- Carport
- Yes
- Attached Carport
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- Owner May Carry
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
Property Features
Project Type:
Duplex
Construction:
Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Rolled
Floors:
Vinyl
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping
Appliances Included:
Free-Standing Range; Refrigerator; Microwave; Washer/Dryer
Heating:
Central
Cooling:
Ceiling Fan(s); Central Air
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
Carport; Attached Carport
Road Access Type:
City Street
Road Surface Type:
Asphalt
Road Responsibility:
City Maintained Road
Owner Pays:
Water
Tenant Pays:
Sewer; Electricity; Cable TV
Source of Fincl Data:
Owner
Lockbox Type:
Supra
New Financing:
Cash; VA; FHA; Conventional; Owner May Carry
Environmental:
None
Listing Office:
West USA Realty
Office Phone: 602-942-4200
Office Email: Duane@westusarealty.com
Last Updated: October - 08 - 2026
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