$790,000
Phoenix, AZ 85013
MLS# 6155948
Status: Closed
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Property Description
A private oasis in an ultra convenient central location, Osborn Grove is a four unit property in one well-maintained building. Large units, on-site laundry, and lush landscaping tucked behind a privacy wall ensure tenant desirability. Walking distance to Sprouts grocery, coffee shops, dog park, gyms, and hospital.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $790,000
Sold Price: $790,000
Status: Closed
List Date: 2020-11-03
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): LOT 8 NORTH PARK CENTRAL UNIT 4 MCR 005236
Assessor's Parcel #: 138
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 110400
Taxes: 1978
Legal: LOT 8 NORTH PARK CENTRAL UNIT 4 MCR 005236
Marketing Name: Osborn Grove
Map Code/Grid: P34
House Number: 834
Compass: W
Street Name: OSBORN
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 3681
County Code: Maricopa
Subdivision: NORTH PARK CENTRAL UNIT 4
Assessor Number: 110-13-138
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 13.924 sf
Total # of Units: 4
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Year Built: 1954
Zoning: R-4
Legal Info
Range: 3E
Section: 30
Township: 2N
Lot Number: 8
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Siding: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Ins Exp: 1200
Annual Landscape Exp: 1800
Annual Maint Exp: 1200
Annual Wtr/Swr Exp: 3516
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 9694
Other Income: 1380
Vacancy Allowance: 0.05
Adjusted Gross Inc: 65151
Total Monthly Rental Income: 5600
Pmt & Rate Info
Cap Rate: 7.12
Equity: 780000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Individual: 1
Cooling
Central Air: 1
Individual: 1
Exterior Amenities
Green Landscaping: 1
Fenced: 1
Interior Features
Unfurnished: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Trash Collection: 1
Landscaping: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1250
Avg SqFt: 750
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1450
Avg SqFt: 1000
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Osborn and 7th Ave
Directions: North on 7th Ave, West on Osborn, Property is on right
Geo Lat: 33.488065
Geo Lon: -112.0855
Status Change Info
Off Market Date: 2020-12-15
Under Contract Date: 2020-11-05
Close of Escrow Date: 2020-12-22
Sold Price: $790,000
Income Expenses
Gross Annual Sch Inc: 67200
Net Operating Income: 55526
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Siding
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Green Landscaping; Fenced
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator
Heating: Individual
Cooling: Individual; Central Air
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; 1 Space/Unit
Road Access Type: Alley
Road Surface Type: Asphalt
Owner Pays: Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Grace CRE
Last Updated: February - 02 - 2026
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