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$2,875,000
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Property Description
314 West Roosevelt Street is a 12-unit apartment community on a rare half-acre double lot that offers expansion potential under DTC-S-ROO zoning. Situated in the heart of Roosevelt Row and located within Phoenix's first-ever historic district, this is one of the earliest apartment buildings in Phoenix. Built in 1913 and fully modernized in the mid-1990s (all new; plumbing/sewer, electrical, roof trusses & structural improvements) full blueprints are available. The property features (12) 1-Bed / 1-Bath units (~650 SF Avg), on-site laundry, ample parking, and a community terrace. Residents are sure to appreciate being in Downtown Phoenix's premier arts, dining, and culture corridor. The property provides immediate access to the light-rail & I-10. Drive By Only, Do Not Disturb Tenants!
Full Property Details
Full Property Details for 314 W Roosevelt St
General
- Price: $2,875,000
- Taxes: $8,456 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7007952
- Updated: 8/25/2026
- Added to Site: 145 day(s) ago
Interior
- Appliances: Built-In Range, Other, Dishwasher, Refrigerator, Microwave
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 12
Parking
- Parking Features: Paved, Add'l Parking Avail, >1 Space Per Unit, On Street
Location
- County: Maricopa
- Township: 1N
- Subdivision: KENILWORTH BLKS 7-14
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Individual
- Heating Type: Individual, Central, Heat Pump
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Stucco, Block, Brick
- Roof: Composition
- Year Built: 1924
Unit Information
- Vacancy %: .06
Lot Features
- Lot Dimensions: 149ft x 146ft
- Frontage: Concrete, Asphalt
- Zoning: DTC-S-ROO
Financial Considerations
- Tax Amount: $8,456
- Tax Year: 2025
- Terms: Other (See Remarks)
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: LOT 7 2 KENILWORTH BLKS 7-14 MCR 000839
- Property ID: 111-32-026
- Range: 3E
- Section: 5
- Lot Number: 7 2
Listed by ABI Multifamily
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Schools
Schools serving 314 W Roosevelt St
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Kenilworth Elementary School 1210 North 5th Avenue, Phoenix, AZ 85003 | PK-8 | 0.3 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3 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 314 W Roosevelt St
Date
Details
Price
Change
Source
4/02/2026
Listed
$2,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 314 W Roosevelt St
314 W Roosevelt Street, Phoenix, AZ 85003 (MLS# 7007952) is a Multi-Family property with 12 units containing 12 bedrooms and 0 full bathrooms. 314 W Roosevelt Street is currently listed for $2,875,000 and was received on April 02, 2026. Want to learn more about 314 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.

