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$505,000
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Property Description
1217 E Hess Ave offers an exceptional investment opportunity with an assumable FHA loan at 5.25%. This property is minutes from Downtown Phoenix, Sky Harbor Airport, and major freeways (I-10, Loop 202). The property is surrounded by major employment hubs including ASU's Downtown campus, Phoenix Biomedical Campus, Maricopa County and City of Phoenix government centers, and top corporate employers like Freeport-McMoRan, Honeywell, Wells Fargo, Chase, and APS. Ongoing redevelopment in the Warehouse District and Central City neighborhoods is fueling rental demand from young professionals, students, and healthcare workers. With excellent access to transit, entertainment, and a strong, diverse job market, this property is well-positioned for steady cash flow and long-term appreciation.
Full Property Details
Full Property Details for 1217 E Hess
General
- Sold For: $505,000
- HOA FEE: $1,500
- Taxes: $681 (2024)
- Status: Closed
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6880768
- Added to Site: 213 day(s) ago
Interior
- Flooring: Vinyl
Parking
- Parking Features: 1 Space/Unit, On Street
Location
- County: Maricopa
- Township: 1N
- Subdivision: HILTON PLACE
- Cross Streets: 12th Street and East Hess Ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 3
- Exterior Const.: Wood Frame, Painted, Stucco, Block
- Roof: Composition
- Year Built: 1946
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: 6900
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Maint. Fee/Month: $1,500
- Tax Amount: $681
- Tax Year: 2024
- Terms: No Carry, Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: HILTON PLACE 22-33 W 24F OF LOT 17 & E 45F LOT 19 BLK 2
- Property ID: 115-37-078-B
- Range: 3E
- Section: 16
- Lot Number: 17
Listed by Compass
Sold by Conflux
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Schools
Schools serving 1217 E Hess
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Silvestre S Herrera School 1350 South 11th Street, Phoenix, AZ 85034 | PK-8 | 0.5 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 3.6 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 1217 E Hess
Date
Details
Price
Change
Source
9/22/2025
Sold
$525,000
—
MLS
6/16/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1217 E Hess, Phoenix, AZ 85034 (MLS# 6880768) is a Triplex property that was sold at $505,000 on September 22, 2025. Want to learn more about 1217 E Hess? 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.

