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$659,000
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Property Description
An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss
Full Property Details
Full Property Details for 1529 E Adams St
General
- Price: $659,000
- Taxes: $980 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7033470
- Updated: 6/4/2026
- Added to Site: 37 day(s) ago
Interior
- Appliances: Refrigerator
- Flooring: Tile, Laminate
Parking
- Parking Features: 1 Space/Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
- Cross Streets: 15TH ST & WASHINGTON
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Water: Other
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Rolled/Hot Mop
- Year Built: 1983
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: IRR
- Frontage: Asphalt
- Zoning: R-5
Financial Considerations
- Tax Amount: $980
- Tax Year: 2025
- Terms: Conventional
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: COLLINS
- Property ID: 116-46-103
- Range: 3E
- Section: 9
- Lot Number: 5
Listed by SRL Group
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Schools
Schools serving 1529 E Adams St
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Garfield School 811 North 13th Street, Phoenix, AZ 85006 | PK-8 | 0.6 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 2.2 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 1529 E Adams St
Date
Details
Price
Change
Source
6/04/2026
Listed
$659,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1529 E Adams St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$980
—
$6,898
-86%
2025
$980
7%
$49,935
7%
2023
$914
4%
$46,776
41%
2022
$881
—
$33,130
45%
2022
$881
1%
$22,920
18%
2021
$874
-1%
$19,350
7%
2020
$885
—
$18,120
40%
2019
$883
2%
$12,920
25%
2018
$868
2%
$10,310
11%
2017
$848
3%
$9,300
17%
2016
$824
8%
$7,970
10%
2015
$762
-5%
$7,260
17%
2014
$800
26%
$6,210
47%
2013
$636
—
$4,230
—
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 1529 E Adams St
1529 E Adams Street, Phoenix, AZ 85034 (MLS# 7033470) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1529 E Adams Street is currently listed for $659,000 and was received on June 04, 2026. Want to learn more about 1529 E Adams 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.

