3320 W NORTHERN Avenue, Phoenix, AZ 85051 (MLS# 6916814)

3320 W NORTHERN Avenue, Phoenix, AZ 85051

$925,000

Property Type: Multiple Dwellings Status: Active

Current Price: $925,000 List Date: 9/30/2025 Last Modified: 12/29/2025

Description

Charming 4-Plex near the I17. Access to central Phoenix but not too close for congestion. All units rented. 1 Tenant has been at the property for over ten years, and another for over 5 years. All units are in good repair and clean. Four car garage for parking and storage, tenants have garage door openers. Coin op laundry is located on the bottom floor in a private room. Parking spots available on street near unit, and uncovered spaces by unit. Rebuilt balcony main balcony in front, 17k total rebuild. New water heaters for several units, and updated rents in all units. Good income producing property. Priced to sell. Live in one unit, keep the others rented, and have tenants pay the mortgage and utilities.

More Information MLS# 6916814

Contract Info

Ownership: Fee Simple Current Price: $925,000 List Price: $925,000 Status: Active List Date: 2025-09-08

Location, Tax & Legal

Assessor's Map #: 9 Legal Description (Abbrev): LOT 2 NORTHERN LANAI UNIT 1 MCR 016924 Assessor's Parcel #: 869 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 105602 Taxes: 2073 Legal: LOT 2 NORTHERN LANAI UNIT 1 MCR 016924 Marketing Name: NORTHERN LANAI UNIT 1 House Number: 3320 Compass: W Street Name: NORTHERN St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85051 Zip4: 6552 County Code: Maricopa Subdivision: NORTHERN LANAI UNIT 1 Assessor Number: 150-09-869 Tax Year: 2024

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 4 Lot Size Dimensions: 0.18 acres / 7,832 sqft Flood Zone: No Total # of Units: 4 Elementary School District: Washington Elementary School District High School District: Glendale Union High School District Elementary School: Washington Elementary School Jr. High School: Washington Elementary School District Online Learning Academ High School: Glendale High School Year Built: 1974 Zoning: R-5

Legal Info

Range: 2E Section: 35 Township: 3N Lot Number: 2

Project Type

Four Plex: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1

Floors

Concrete: 1 Vinyl: 1 Ceramic Tile: 1 Carpet: 1

Sale Includes

Building(s) Only: 1 Land & Building: 1 Personal Property: 1 Laundry Equipment: 1

Income & Expenses

Annual Elec Exp: 420 Annual Ins Exp: 1500 Annual Wtr/Swr Exp: 7400 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 11393 Other Income: 2400 Vacancy Allowance: 0 Adjusted Gross Inc: 69400

Pmt & Rate Info

Cap Rate: 7.4 Equity: 811000 Down Payment %: 50 Monthly Payments: 2800 Total Owed: 0

Payment Includes

Principal: 1 Interest: 1 Taxes: 1 Insurance: 1

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Ceiling Fan(s): 1 Electric: 1

Exterior Amenities

Landscape Water System: 1 Green Landscaping: 1 Partially Fenced: 1 Curb(s) & Gutter(s): 1 Cable TV Available: 1 Sidewalk(s): 1 Patio/Balcony: 1 Security Light(s): 1

Tenant Pays

Gas: 1 Electricity: 1 Cable TV: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Free-Standing Electric Oven: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer: 1

Road Access Type

Alley: 1 Dedicated Street: 1 Private Road: 1

Road Surface Type

Asphalt: 1 Concrete: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Garage: 1 Free: 1 Garage Door Opener: 1 See Remarks: 1

Electric

SRP: 1

Gas

SW Gas: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1 Trade: 1

Existing 1st Loan

Conventional: 1

Existing 1st Loan Type

Fixed: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 1400 Avg SqFt: 900 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 1500 Avg SqFt: 1500 # Baths: 2

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: 33rd and Northern Ave Directions: Off street parking on northern side of Northern Ave. Walk through Iron gate and 4-plex is second one from the West. Alternatively, drive into subdivision. Geo Lat: 33.553421 Geo Lon: -112.131029

Income Expenses

Gross Annual Sch Inc: 67000 Net Operating Income: 60000

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Concrete; Vinyl; Ceramic Tile; Carpet Sale Includes: Building(s) Only; Land & Building; Personal Property; Laundry Equipment Payment Includes: Principal; Interest; Taxes; Insurance Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Partially Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Patio/Balcony; Security Light(s) Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Garage; Garage Door Opener; Free; See Remarks Road Access Type: Alley; Dedicated Street; Private Road Road Surface Type: Asphalt; Concrete Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed New Financing: Cash; VA; FHA; Conventional; 1031 Exchange; Trade Environmental: None

Listing Office: West USA Realty

Last Updated: December - 29 - 2025