741 E APACHE Street, Phoenix, AZ 85034 (MLS# 6617846)

$399,900

741 E APACHE Street
Phoenix, AZ 85034
MLS# 6617846
Status: Closed

1 / 32

Property Description
Welcome to 741 E. Apache! This property offers a fantastic opportunity for income generation. It features a multiple dwelling with a two-bedroom, one-bath home in the front and a two-bedroom, two-bath home in the back. Both units have been completely renovated, including updates to the roof, interior, and exterior. With month-to-month rentals, you have flexibility. Don't miss out on this great potential for under $400,000! The home is centrally located in Phoenix, just a stone's throw away from downtown. This prime location offers easy access to all the vibrant attractions, restaurants, and entertainment that downtown Phoenix has to offer. With the ongoing growth and development in the area, there's tremendous potential for future appreciation and increased demand for rental properties.

Details

Maps

Contract Info

Ownership: Fee Simple

Current Price: $399,900

Sold Price: $399,900

Status: Closed

List Date: 2023-10-12

Location, Tax & Legal

Assessor's Map #: 45

Legal Description (Abbrev): LOT 29 BLOCK 2 ADORABLE HOMES MCR 002821

Assessor's Parcel #: 69

Add'l Parcels: No

Tax Municipality: Phoenix

Census Tract: 117200

Taxes: 571

Legal: LOT 29 BLOCK 2 ADORABLE HOMES MCR 002821

Marketing Name: ADORABLE HOMES

House Number: 741

Compass: E

Street Name: APACHE

St Suffix: Street

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85034

Zip4: 5146

County Code: Maricopa

Subdivision: ADORABLE HOMES

Assessor Number: 115-45-069

Tax Year: 2022

General Property Description

# of Buildings: 2

Uncvrd Parking Spcs: 4

Lot Size Dimensions: 0

Total # of Units: 2

Elementary School District: Phoenix Elementary District

High School District: Phoenix Union High School District

Year Built: 1951

Zoning: R3

Legal Info

Range: 3E

Section: 16

Township: 1N

Block: 2

Lot Number: 29

Project Type

Other (See Remarks): 1

Other Type

House + Rental Units: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1

Stucco: 1

Roofing

Composition: 1

Floors

Vinyl: 1

Wood: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No

Annual Ownr Asoc Fee: 0

Operating Exp: 571

Other Income: 0

Vacancy Allowance: 0

Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 399900

Down Payment %: 0

Monthly Payments: 0

Total Owed: 0

Showing Notification Methods

Text: 1

Email: 1

Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Window/Wall Unit(s): 1

Cooling

Ceiling Fan(s): 1

Window/Wall Unit: 1

Exterior Amenities

Desert Landscaping: 1

Sidewalk(s): 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

Free-Standing Range: 1

Road Access Type

Dedicated Street: 1

Source of Fincl Data

Other (See Remarks): 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Carport: 1

Paved: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

Water: 1

Electric: 1

Trash Collection: 1

New Financing

Cash to Loan: 1

VA: 1

Conventional: 1

FHA: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 1st Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Conventional

Loan Years: 30

Closing Cost Split: Seller Assist - A

Payment Type: Fixed

Buyer Concession to Seller: 0

Buyer Concession $/%: %

Seller Concession to Buyer: 2

Seller Concession $/%: %

Remarks Misc

Cross Street: 7th St and 1-17

Directions: North on 7th St to Apache, East on Apache to 741 E Apache!

Geo Lat: 33.430183

Geo Lon: -112.063295

Status Change Info

Off Market Date: 2023-12-27

Under Contract Date: 2023-11-01

Close of Escrow Date: 2024-01-10

Sold Price: $399,900

Property Features

Project Type: Other (See Remarks)

Other Type: House + Rental Units

Construction: Wood Frame

Const - Finish: Painted; Stucco

Roofing: Composition

Floors: Vinyl; Wood

Sale Includes: Land & Building

Community Features: No Pool

Exterior Amenities: Desert Landscaping; Sidewalk(s)

Appliances Included: Free-Standing Range

Heating: Window/Wall Unit(s)

Cooling: Ceiling Fan(s); Window/Wall Unit

Water Source: City Franchise

Sewer: Sewer - Public

Electric: APS

Gas: None

Parking Features: Carport; Paved

Road Access Type: Dedicated Street

Owner Pays: Water; Electric; Trash Collection

Tenant Pays: Other (See Remarks)

Source of Fincl Data: Other (See Remarks)

Showing Notification Methods: Text; Email; Phone Call

Lockbox Type: None

Existing 1st Loan: Treat as Free&Clear

Existing 1st Loan Type: Not Applicable

New Financing: Cash to Loan; VA; FHA; Conventional

Environmental: None

Listing Office: HomeSmart

Last Updated: May - 12 - 2025