$1,176,000
$1,325,000
11.2%For more information regarding the value of a property, please contact us for a free consultation.
1249 W PIERCE Street Phoenix, AZ 85007
Key Details
Sold Price $1,176,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Addition
MLS Listing ID 6955650
Sold Date 05/12/26
Year Built 1986
Annual Tax Amount $1,404
Tax Year 2025
Lot Dimensions 13350 sqft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
1249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.
Location
State AZ
County Maricopa
Community University Addition
Area Maricopa
Zoning R-5
Interior
Heating Individual, Electric
Cooling Central Air, Electric, Individual
Flooring Vinyl
Appliance Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
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
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-27-148-F
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
Financing Other
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Bought with ABI Multifamily
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