3224 W Madison Street, Phoenix, AZ
$ 2,600,000
Property Attributes
  • MLS#6390979
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodWormsers Addition Block 4
  • Zip85009
  • Style
  • Year Built1963
  • Taxes$ 2810
  • Price$ 2,600,000
  • Bedrooms40
  • Full Bathrooms400
  • Half Bathrooms0
  • Sqr Footage11460
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

iLOW INTEREST (2%) ASSUMABLE FINANCING FOR QUALIFIED BUYERS.Well maintained, cash-flowing portfolio of (5) fourplexes in Phoenix. Located 4 miles west of downtown Phoenix, the property features (20) 2 bed / 1 bath units that average 573sf.Inside, the units were extensively remodeled in 2008 with all new kitchen cabinets, marble counter tops and all new copper plumbing.iiOn the exterior, the roof and air conditioning units were replaced. Fenced courtyards provide a private and secure area for the tenants to use. Each unit has 1 parking space.The property is individually metered for electricity. Gas and water/sewer/trash are master metered.

Price History
4/28/2022 Listed $2,600,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 714.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
City Phoenix
Construction Block
Cooling Ceiling Fan(s), Central A/C, Electric, Individual
County Maricopa
Directions Head south on 33rd Ave until you reach Madison St. Turn east on Madison St, property on the north west corner of Madison St and 32nd Dr.
Electric APS, Individual Meter
Exterior Features Desert Landscaping, Partially Fenced
Features No Pool
Gas Y/N Master Meter, SW Gas
Geo Lat 33.446084
Geo Lon -112.129241
Heating Electric, Individual
Interior Features Unfurnished
Map Code/Grid Q33
Net Income 0.00
New Financing Affordable Housing, Other (See Remarks)
Owner Pays Gas, Landscaping, Sewer, Trash Collection, Water
Parking 1 Space/Unit, Street Parking
Property Type F
Public Remarks iLOW INTEREST (2%) ASSUMABLE FINANCING FOR QUALIFIED BUYERS.Well maintained, cash-flowing portfolio of (5) fourplexes in Phoenix. Located 4 miles west of downtown Phoenix
Roof Other (See Remarks)
School District 021 - Murphy Elementary District
Sewer Sewer - Public
Status Active
Street Name MADISON
Tax Municipality Phoenix
Taxes 2810.00
Tenant Pays Cable TV, Electric
Water City Franchise, Master Meter
Year Built 1963
Zoning R-5

Interior Features

2 Bedroom Units: # 2 Bedroom Units 20
2 Bedroom Units: # Baths 20
2 Bedroom Units: Avg Sqft 573
Appliances Included F/S Oven/Range, Refrigerator
Floors Concrete, Other
Street Suffix Street
Total Number of Units 20.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Lot Size Dimensions Unknown
Total Parking Spcs 20.00


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85009

AVG $900K
AVG $1,085
AVG 37
Year Built
AVG 1948
AVG 53
Data Provided by Walkscore ® not using MLS data

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