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347 N 16TH Avenue Phoenix, AZ 85007
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Key Details
Sold Price $375,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Capitola Place
MLS Listing ID 6992517
Sold Date 10/02/26
Bedrooms 5
Year Built 1951
Annual Tax Amount $1,329
Tax Year 2025
Lot Dimensions 6754 total sq ft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Excellent opportunity to own a cash flowing, low maintenance triplex near downtown Phoenix. Two 2-bedroom, 1 bath units and one renovated 1-bedroom, 1 bath unit. On-site laundry. Corner lot with 2 buildings. Strong rents with consistent, stable tenants. Opportunity for value-add and rent increases.
Location
State AZ
County Maricopa
Community Capitola Place
Area Maricopa
Zoning R-5
Direction East on Van Buren from 19th Ave. North on 16th Ave.
Interior
Heating Varies by Unit, Central, Heat Pump, Electric
Cooling Central Air, Electric, Heat Pump, Varies by Unit
Flooring Tile, Laminate
Appliance Refrigerator, Free-Standing Gas Oven, W/D Hookup
Exterior
Parking Features >1 Space Per Unit
Community Features Other
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Capitol Elementary School
Middle Schools Capitol Elementary School
High Schools Metro Tech High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-26-028
Ownership Fee Simple
Acceptable Financing VA Loan, Cash, Conventional, 1031 Exchange, FHA
Disclosures Seller Prop Disc Stm
Listing Terms VA Loan, Cash, Conventional, 1031 Exchange, FHA
Financing FHA
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Bought with Epique Realty
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