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$1,325,000

  • For Sale
  • Active
  • Multi-Family
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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: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6955650
  • Updated: 2/2/2026
  • Added to Site: 115 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
  • Frontage: Asphalt
  • 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

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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 ATTOM Data Solutions 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.

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

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NMLS#: 1598647

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Listed by ABI Multifamily

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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 Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.

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