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$718,900 -$100 (-0.01%) Price Reduced
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Property Description
*Gross 9.23% CAP Rate*. 3 Units, Garden-Style Property, Built front building built in 1936/renovated 2024 and back ADU built in 2024. Unit Mix Consists of (1) 3-Bed / 2-Bath Units,(1) 2-Bed / 2-Bath & (1) 2-Bed / 1-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.
Full Property Details
Full Property Details for 1015 S 1st Ave
General
- Price: $718,900
- Taxes: $523 (2025)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6979757
- Updated: 2/20/2026
- Added to Site: 16 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Gas Oven, Microwave, Washer/Dryer
- Flooring: Laminate
Parking
- Parking Features: >1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
- Cross Streets: 7th Avenue & Buckeye Road
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Forced Air, Central
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Stucco, Block
- Roof: Built-Up
- Year Built: 1936
Lot Features
- Lot Dimensions: 134' x 50'
- Frontage: Asphalt
- Zoning: R5
Financial Considerations
- Tax Amount: $523
- Tax Year: 2025
- Terms: No Carry, Conventional, FHA, VA Loan
- Owner Pays: Water, Sewer
Disclosures and Reports
- Legal Description: MONTGOMERY LOTS 7 & 8 BLK 35
- Property ID: 112-24-105
- Range: 3E
- Section: 8
- Lot Number: 7
Listed by Gentry Real Estate
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Schools
Schools serving 1015 S 1st Ave
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Lowell School, Phoenix, AZ 1121 South 3rd Avenue, Phoenix, AZ 85003 | PK-8 | 0.1 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1015 S 1st Ave
Date
Details
Price
Change
Source
2/20/2026
Price Reduced
$718,900
-0.01%
MLS
2/16/2026
Price Reduced
$719,000
-0.65%
MLS
2/13/2026
Price Reduced
$723,700
-0.01%
MLS
2/09/2026
Price Reduced
$723,800
-0.01%
MLS
2/05/2026
Listed
$723,900
145.39%
MLS
6/14/2024
Sold
$295,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1015 S 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$523
7%
$27,670
14%
2024
$491
5%
$24,300
-4%
2022
$467
—
$25,360
23%
2022
$467
—
$20,660
34%
2022
$467
—
$15,420
25%
2021
$468
-1%
$12,300
13%
2020
$474
—
$10,860
28%
2019
$475
2%
$8,460
-4%
2018
$466
4%
$8,850
34%
2017
$450
3%
$6,610
5%
2016
$437
10%
$6,270
41%
2015
$398
-2%
$4,460
39%
2014
$408
25%
$3,200
48%
2013
$326
—
$2,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1015 S 1st Ave
1015 S 1st Avenue, Phoenix, AZ 85003 (MLS# 6979757) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1015 S 1st Avenue is currently listed for $718,900 and was received on February 05, 2026. Want to learn more about 1015 S 1st Avenue? Do you have questions about finding other Triplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

