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$539,000
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Property Description
Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo) Cap Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades. 2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.
Full Property Details
Full Property Details for 2002 W Jefferson St
General
- Price: $539,000
- HOA FEE: $4,000
- Taxes: $906 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7039118
- Updated: 6/9/2026
- Added to Site: 33 day(s) ago
Interior
- Appliances: See Remarks
- Flooring: Other
Parking
- Parking Features: Add'l Parking Avail, On Street
Location
- County: Maricopa
- Township: 1N
- Subdivision: CAPITOL ADDITION
- Cross Streets: 20th Avenue & Jefferson Street
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 3
- Exterior Const.: See Remarks
- Roof: Other
- Year Built: 1935
Unit Information
- Vacancy %: .04
Lot Features
- Lot Dimensions: 7000
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Maint. Fee/Month: $4,000
- Tax Amount: $906
- Tax Year: 2025
- Terms: No Carry, Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: CAPITOL
- Property ID: 109-49-120
- Range: 2E
- Section: 12
- Lot Number: 24
Listed by Compass
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Schools
Schools serving 2002 W Jefferson St
School Districts:Phoenix Union High School District, Phoenix Elementary District
| Name | Grades | Distance |
|---|---|---|
Mary Mcleod Bethune School 1310 South 15th Avenue, Phoenix, AZ 85007 | PK-8 | 1.1 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 4.2 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 2002 W Jefferson St
Date
Details
Price
Change
Source
6/08/2026
Listed
$539,000
6.73%
MLS
10/17/2023
Sold
$505,000
—
Public Record
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 2002 W Jefferson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$906
—
$6,379
-84%
2025
$906
11%
$39,330
-15%
2022
$815
—
$46,020
44%
2022
$815
—
$31,960
51%
2022
$815
1%
$21,210
15%
2021
$809
-1%
$18,500
23%
2020
$818
—
$15,050
14%
2019
$817
2%
$13,230
21%
2018
$803
2%
$10,900
11%
2017
$784
3%
$9,820
39%
2016
$762
8%
$7,080
12%
2015
$705
—
$6,300
24%
2014
$706
21%
$5,080
55%
2013
$584
—
$3,280
—
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 2002 W Jefferson St
2002 W Jefferson Street, Phoenix, AZ 85009 (MLS# 7039118) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 2002 W Jefferson Street is currently listed for $539,000 and was received on June 08, 2026. Want to learn more about 2002 W Jefferson 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.

