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$925,000
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Property Description
1545 W Roosevelt St consists of six multifamily buildings and has a total of 12 multifamily units (100% vacant - 1 bed / 1 bath), known as the Roosevelt Bungalows. The property is bank owned and in need of repairs, making it perfect for value-add investors looking for a medium sized multifamily property to fix up and put their touches on. The location being situated just west of Downtown Phoenix near the intersection of Grand Ave & Roosevelt St, places it in an area rich with history, restaurants, social hubs, and retail. Please contact broker for additional details.
Full Property Details
Full Property Details for 1545 W Roosevelt St
General
- Sold For: $925,000
- Taxes: (2024)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6775516
- Added to Site: 483 day(s) ago
Interior
- Flooring: Vinyl
Parking
- Total Spaces: 12
- Parking Features: >1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
- Subdivision: HOMESTEAD PLACE
- Cross Streets: 16th Ave & Roosevelt
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Individual
- Heating Type: Ceiling
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 6
- Exterior Const.: Wood Frame, Stucco
- Roof: Composition
- Year Built: 1937
Lot Features
- Lot Dimensions: 98.23 x 146.68 x 97.97 x 148.84
- Frontage: Asphalt
- Zoning: R-5
Financial Considerations
- Tax Year: 2024
- Terms: Conventional
- Owner Pays: See Remarks
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: PT OF SW4 SEC 6-T1N-3E & PT OF LTS 7 & 8 BLK 3 OF HOMESTEAD PL MCR 1-26 REFERRED TO AS LT 1 BLK 7 OF
- Property ID: 111-25-001-A
- Range: 3E
- Section: 6
- Lot Number: 78
Listed by R.O.I. Properties
Sold by Non-MLS Office
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Schools
Schools serving 1545 W Roosevelt St
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Capitol Elementary School 330 North 16th Avenue, Phoenix, AZ 85007 | PK-8 | 0.4 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3.3 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 1545 W Roosevelt St
Date
Details
Price
Change
Source
1/08/2025
Sold
$925,000
-9.31%
MLS
10/24/2024
Listed
$1,020,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1545 W Roosevelt Street, Phoenix, AZ 85007 (MLS# 6775516) is a Multi-Family property that was sold at $925,000 on January 08, 2025. Want to learn more about 1545 W Roosevelt 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.

