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$1,050,000 Just Listed
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Property Description
940 E Rose Ln in Phoenix, AZ (85014) is a 4-unit multifamily property located in a highly desirable, quiet residential pocket near the Biltmore area. The 1957 property (approx. 2,450 sqft) features tiled and carpeted flooring, forced air gas heating, electric cooling, and 5 total parking spaces (4 covered, 1 open), offering investors a, well-located, multi-unit opportunity. PROXIMITY TO LIFESTYLE: Nearby popular restaurants and shopping at Biltmore Fashion Park and Uptown Plaza. SCHOOLS: Located within the Madison Elementary School District (Madison Rose Lane School). INVESTMENT APPEAL: Located in a rapidly developing, desirable part of Phoenix. PLEASE DO NOT DISTURB TENANTS.
Full Property Details
Full Property Details for 940 E Rose Ln
General
- Price: $1,050,000
- Taxes: $2,772 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7031945
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: See Remarks
- Flooring: Carpet, Vinyl
Parking
- Parking Features: Detached Carport, Add'l Parking Avail, >1 Space Per Unit, On Street
Location
- County: Maricopa
- Township: 2N
- Subdivision: TWIN PALMS LOTS 1 THRU 10
- Cross Streets: 7th Street / Bethany Home Road
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block, Brick, Slump Block
- Roof: Composition
- Year Built: 1957
Lot Features
- Lot Dimensions: 159' x 62'
- Frontage: Asphalt
- Zoning: R1-6, Phoenix
Financial Considerations
- Tax Amount: $2,772
- Tax Year: 2025
- Terms: No Carry, Conventional, 1031 Exchange
- Owner Pays: See Remarks, Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: LOT 10 TWIN PALMS LOTS 1 THRU 10 MCR 003929
- Property ID: 161-15-061
- Range: 3E
- Section: 9
- Lot Number: 10
Listed by ABI Multifamily
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Schools
Schools serving 940 E Rose Ln
School Districts:Madison Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Madison Rose Lane School 1155 East Rose Lane, Phoenix, AZ 85014 | PK-4 | 0.2 mi |
Madison #1 Elementary School 5525 North 16th Street, Phoenix, AZ 85016 | 5-8 | 1.1 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 3.3 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 940 E Rose Ln
Date
Details
Price
Change
Source
5/28/2026
Listed
$1,050,000
—
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 940 E Rose Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,772
—
$21,281
-73%
2025
$2,772
8%
$78,060
-9%
2023
$2,572
3%
$85,970
41%
2022
$2,496
—
$60,870
27%
2022
$2,496
-1%
$47,910
18%
2021
$2,517
2%
$40,770
23%
2020
$2,478
2%
$33,200
20%
2019
$2,423
2%
$27,780
13%
2018
$2,364
5%
$24,630
8%
2017
$2,253
4%
$22,730
17%
2016
$2,175
8%
$19,400
3%
2015
$2,020
—
$18,780
17%
2014
$2,023
19%
$16,010
40%
2013
$1,702
—
$11,460
—
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 940 E Rose Ln
940 E Rose Lane, Phoenix, AZ 85014 (MLS# 7031945) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 940 E Rose Lane is currently listed for $1,050,000 and was received on May 28, 2026. Want to learn more about 940 E Rose Lane? Do you have questions about finding other Multi-Family real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.

