Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,325,000

  • For Sale
  • Under Contract
  • Multi-Family
See This Home
Save This Home
See This Home
Save This Home
1249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.

Full Property Details for 1249 W Pierce St

General

  • Price: $1,325,000
  • Taxes: $1,404 (2025)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6955650
  • Updated: 12/29/2025
  • Added to Site: 39 day(s) ago

Interior

  • Appliances: Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
  • Flooring: Vinyl

Parking

  • Parking Features: >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: UNIVERSITY ADDITION

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, Individual
  • Heating Type: Individual, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Composition
  • Year Built: 1986

Lot Features

  • Lot Dimensions: 13350 sqft
  • Zoning: R-5

Financial Considerations

  • Tax Amount: $1,404
  • Tax Year: 2025
  • Terms: Conventional
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Legal Description: UNIVERSITY ADDITION MCR 1/7 LOT 12 BLK L
  • Property ID: 111-27-148-F
  • Range: 3E
  • Section: 6
  • Lot Number: 12

Listed by ABI Multifamily

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 1249 W Pierce St —

  • ABI Multifamily

  • ABI Multifamily

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1249 W Pierce St

School Districts:Phoenix Elementary District, Phoenix Union High School District
NameGradesDistance
Kenilworth Elementary School
1210 North 5th Avenue, Phoenix, AZ 85003
PK-80.7 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-123.4 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 1249 W Pierce St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/16/2025
Price Reduced
$1,325,000
-1.85%
MLS
12/08/2025
Listed
$1,350,000
—
MLS
Get Price Alerts and Save Property
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 for 1249 W Pierce St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,404
6%
$70,020
—
2024
$1,321
1%
$70,130
-20%
2023
$1,309
4%
$87,810
60%
2022
$1,262
—
$54,860
44%
2022
$1,262
1%
$38,020
23%
2021
$1,253
-1%
$30,800
5%
2020
$1,267
—
$29,380
17%
2019
$1,265
2%
$25,120
30%
2018
$1,244
2%
$19,320
4%
2017
$1,214
3%
$18,570
8%
2016
$1,180
8%
$17,150
59%
2015
$1,092
-2%
$10,760
28%
2014
$1,120
28%
$8,380
71%
2013
$874
—
$4,910
—
View All
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 for 1249 W Pierce St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by ABI Multifamily

Just Listed near 1249 W Pierce St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10508 S 48th Gln, Laveen, AZ 85339 - Photo 1 Just Listed
$665,000

10508 S 48th Gln  Laveen, AZ 85339

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Maritza Cortazar (602) 214-6206
6727 W Pedro Ln, Laveen, AZ 85339 - Photo 1 Just Listed
$444,999

6727 W Pedro Ln  Laveen, AZ 85339

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 2
    Total Baths
Listed by Diane Brennan (602) 620-2277
6736 S Wilson Street S, Tempe, AZ 85283 - Photo 1 Just Listed
$429,000

6736 S Wilson Street S  #22  Tempe, AZ 85283

  • Townhouse
  • Active
  • Updated 2 hours ago
  • 2
    Beds
  • 2
    Total Baths
8919 S 40th Dr, Laveen, AZ 85339 - Photo 1 Just Listed
$574,000

8919 S 40th Dr  Laveen, AZ 85339

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths

Price Reduced near 1249 W Pierce St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

414 E Westchester Dr, Tempe, AZ 85283 - Photo 1 Price Reduced
-$4,900 (-1.1%)
$440,000

414 E Westchester Dr  Tempe, AZ 85283

  • Single Family
  • Active
  • Updated 7 hours ago
  • 3
    Beds
  • 2
    Total Baths
1433 E Hudson Dr, Tempe, AZ 85281 - Photo 1 Price Reduced
-$25,000 (-3.85%)
$624,038

1433 E Hudson Dr  Tempe, AZ 85281

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
4901 S Calle Los Cerros Dr, Tempe, AZ 85282 - Photo 1 Price Reduced
-$9,000 (-3.61%)
$240,000

4901 S Calle Los Cerros Dr  #233  Tempe, AZ 85282

  • Apartment
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 1
    Total Bath
1653 N El Camino Dr, Tempe, AZ 85288 - Photo 1 Price Reduced
-$35,000 (-7.29%)
$445,000

1653 N El Camino Dr  Tempe, AZ 85288

  • Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 3
    Total Baths

Recent Sales near 1249 W Pierce St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1527 W Fillmore, Phoenix, AZ 85007 - Photo 1 Sold
$1,300,000

1527 W Fillmore  Phoenix, AZ 85007

  • Multi-Family
  • Closed
348 W Portland, Phoenix, AZ 85003 - Photo 1 Sold
$1,400,000

348 W Portland  Phoenix, AZ 85003

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
1614 Palmcroft Dr SW, Phoenix, AZ 85007 - Photo 1 Sold
$1,500,000

1614 Palmcroft Dr SW  Phoenix, AZ 85007

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
1603 Palmcroft Dr SE, Phoenix, AZ 85007 - Photo 1 Sold
$1,212,500

1603 Palmcroft Dr SE  Phoenix, AZ 85007

  • Single Family
  • Closed
  • Updated 13 days ago
  • 3
    Beds
  • 3
    Total Baths

1249 W Pierce Street, Phoenix, AZ 85007 (MLS# 6955650) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 1249 W Pierce Street is currently listed for $1,325,000 and was received on December 08, 2025. Want to learn more about 1249 W Pierce Street? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

Tour this property