1618 E Wood Street, Phoenix, AZ 85040 (MLS# 6906218)

$550,000

1618 E Wood Street
Phoenix, AZ 85040
MLS# 6906218
Status: Closed

1 / 9

Property Description
Both buildings demoed down to studs. Permits in the process. Current buildings can be turned into 9 units with existing plans or a total of 14 units if adding a second story. Can also be turned into a community residence facility (plans can be provided). East building 2,490 sq ft. West building 3,109 sq ft.

Details

Maps

Contract Info

Ownership: Fee Simple

Current Price: $550,000

Sold Price: $550,000

Status: Closed

List Date: 2025-08-14

Location, Tax & Legal

Assessor's Map #: 39

Assessor's Parcel #: 11

Assessor Parcel Ltr: D

Add'l Parcels: No

Tax Municipality: Phoenix

Taxes: 5150

Legal: E 146F FOL DESC PROP THAT PT SW4 SW4 SEC 22 T1N R3E DAF COM SW COR SD SEC 22 TH N 653.44F TO TPOB TH E 376.68F TH N 22

Marketing Name: Wood St

House Number: 1618

Compass: E

Street Name: Wood

St Suffix: Street

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85040

Country: US

County Code: Maricopa

Assessor Number: 122-39-011-D

Tax Year: 2024

General Property Description

# of Buildings: 2

Uncvrd Parking Spcs: 0

Lot Size Dimensions: 22,466

Flood Zone: No

Total # of Units: 9

Year Built: 1982

Zoning: R-5 multifamily

Project Type

5 - 12 Units: 1

Construction

Block: 1

Wood Frame: 1

Const - Finish

Other (See Remarks): 1

Roofing

Tile: 1

Floors

Concrete: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No

Annual Ownr Asoc Fee: 0

Operating Exp: 5150

Other Income: 0

Vacancy Allowance: 0

Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 500000

Down Payment %: 0

Monthly Payments: 0

Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Other: 1

Community Features

No Pool: 1

Heating

Other: 1

Cooling

Central Air: 1

Electric: 1

Tenant Pays

None: 1

Appliances Included

None: 1

Road Surface Type

Dirt: 1

Gravel: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Other: 1

Electric

APS: 1

Gas

SW Gas: 1

Owner Pays

Water: 1

Sewer: 1

Electric: 1

Trash Collection: 1

Landscaping: 1

New Financing

Other (See Remarks): 1

Existing 1st Loan

Private: 1

Existing 1st Loan Type

Fixed: 1

Existing 1st Loan Terms

Non Assumable: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

Other (See Remarks): 1

Efficiency Units

# Efficiency Units: 1

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 1

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 7

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Cash

Closing Cost Split: Normal - N

Payment Type: Other

Buyer Concession to Seller: 0

Buyer Concession $/%: %

Seller Concession to Buyer: 0

Seller Concession $/%: %

Remarks Misc

Geo Lat: 33.408848

Geo Lon: -112.046248

Status Change Info

Off Market Date: 2026-03-26

Under Contract Date: 2026-03-23

Close of Escrow Date: 2026-04-30

Sold Price: $550,000

Legal Info

Lot Number: none

Property Features

Project Type: 5 - 12 Units

Construction: Block; Wood Frame

Const - Finish: Other (See Remarks)

Roofing: Tile

Floors: Concrete

Sale Includes: Land & Building

Community Features: No Pool

Appliances Included: None

Heating: Other

Cooling: Electric; Central Air

Water Source: City Franchise

Sewer: Sewer - Public

Electric: APS

Gas: SW Gas

Parking Features: Other

Road Surface Type: Gravel; Dirt

Owner Pays: Water; Electric; Trash Collection; Landscaping

Tenant Pays: None

Source of Fincl Data: Owner

Lockbox Type: Other

Existing 1st Loan: Private

Existing 1st Loan Type: Fixed

Existing 1st Loan Terms: Non Assumable

Existing 2nd Loan Type: Not Applicable

Existing 2nd Loan Terms: Not Applicable

New Financing: Other (See Remarks)

Environmental: Other (See Remarks)

Listing Office: HomeSmart

Last Updated: May - 01 - 2026