325 N 17th Drive, Phoenix, AZ 85007
- $499,900
- List Price
- $499,900
- Status
- ACTIVE
- Price Change
- ▼ $5,700 1786758324
- Days on Market
- 335
- MLS#
- 6920059
- City
- Phoenix
- Year Built
- 1932
Property Description
Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.
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Additional Information
- Taxes
- $1,568
- Net Operating Income
- $50,661
- Cap Rate
- 9.94
- Units
- 3
- Parking Features
- >1 Space Per Unit
- Construction
- Block, Wood Frame, Stucco
- Roofing
- Composition
- Cooling
- Central Air, Electric
- Heating
- Electric, Heat Pump
- Zoning
- R-5
- Subdivision
- Oakland
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Tenant Pays
- Water, Sewer, Electricity
- New Financing
- VA Loan, FHA, Conventional, Cash
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Listing courtesy of Gentry Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.