Sold
Last Sold Price

1232 E Mountain View Rd, Phoenix, AZ 85020

Multi FamilyProperty Type
0.19 acresLot Size
1986Year Built
4 carsParking Spaces

Description

Not a short sale and not an reo. Quick response from a private seller. This remodeled steel studs construction (no termite issues ever), turnkey duplex features large over 1,100 sq.ft. units that feel very spacious. It includes roomy living rooms, attractive bathrooms, upper unit has two full bathrooms. This property is projected to generate total rents of $15,960 per year adjusted gross income. Then after projected expenses of $2,478 the net operating income is $13,482 per year. This is a 10.5%...Not a short sale and not an reo. Quick response from a private seller. This remodeled steel studs construction (no termite issues ever), turnkey duplex features large over 1,100 sq.ft. units that feel very spacious. It includes roomy living rooms, attractive bathrooms, upper unit has two full bathrooms. This property is projected to generate total rents of $15,960 per year adjusted gross income. Then after projected expenses of $2,478 the net operating income is $13,482 per year. This is a 10.5% CAP Rate (very attractive number for investors). Should take 9.5 years to pay it self, plus property appreciates each day.
  • Listed by: Alex Lek Kalaj 623.698.6724 alexsellsaz@live.com Brokerage DRE #LC506032000 • HomeSmart
Listing closed: 01/21/2014 12:00 AM • Source: ARMLS, MLS#: 5028549
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Recent comparable sales

Median sold price

$500,000

Avg days on market

102

Sale-to-list ratio

84.2%

Phoenix, AZ

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Location

Listing Courtesy of HomeSmart

Sold By Metro City Realty LLC

Add your commute
Payment Calculator

$971 per month

30 year fixed, 7.03% Interest

Principal and Interest

$641

Property Taxes

$31

HOA Dues

$300

The Payment Calculator is for illustrative purposes only.
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Property Information for 1232 East Mountain View Road

Property Details

  • Taxes: $369 / year
  • Condo/Co-op Fees: $300 / month
  • MLS Type: Multiple Dwellings
  • View YN: No
  • Zoning: R-3

Building Information

  • Residences: 2
  • Year Built: 1986
  • Lot Size: 0.19 AC / 8,313 SF

Summary

Location and General Information
  • Unparsed Address: 1232 E MOUNTAIN VIEW Road, Phoenix, AZ 85020
  • City: Phoenix
  • Coordinates: -112.05514, 33.575125
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: CAVE CREEK RD. AND MOUNTAIN VIEW RD.
  • Directions: From Peoria Ave. and Cave Creek Rd. Head south on Cave Creek Rd. to Mountain View Rd.left to property on north side of Mountain View Rd.
  • Latitude: 33.575125
  • Longitude: -112.05514
  • Map Coordinate: M34
  • Postal City: Phoenix
  • Postal Code: 85020
  • Postal Code Plus4: 6237
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,986
Taxes and HOA
  • Tax Annual Amount: $369.08
  • Tax Book Number: 159.00
  • Tax Legal Description: MOUNTAIN HOME TR LOTS 1-4,15,16,25-32,34,36-40
  • Tax Lot: 30
  • Tax Year: 2,013
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Paved Parking
  • Parking Total: 4
School Information
  • Elementary School: Washington Elementary School - Phoenix
  • Elementary School District: Washington Elementary District
  • High School: Glendale High School
  • High School District: Glendale Union High School District

Property

Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 8,313 Sq. Ft.
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 12-08-2013 08:52:56 AM
  • Documents Count: 3
  • Ownership: Fee Simple
  • Parcel Number: 15930034
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 28
  • Public Survey Township: 3N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $648.00
  • Water Sewer Expense: $672.00
  • Water Source: City Franchise

Interior and Exterior Features

Exterior Features
  • Community Features: No Pool
  • Construction Materials: Stucco, Frame - Metal
  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central A/C, Heat Pump
  • Cooling YN: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Central, Heat Pump, Electric
  • Heating YN: Yes

Multi Family

Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $15,960.00
  • Gross Scheduled Income: $15,960.00
  • Insurance Expense: $489.00
  • Maintenance Expense: $300.00
  • Net Operating Income: $13,482.00
  • Operating Expense: $2,478.08
  • Other Expense: $.00
  • Professional Management Expense: $.00

Rental

Rent Information
  • Tenant Pays: Electricity, Cable TV

Property History for 1232 East Mountain View Road

DateEvent & SourcePriceAppreciation
Jan 21, 2014

Sold

ARMLS #5028549

$120,000—
Jan 17, 2014

Sold (Public Record)

Public Record #398610085

$120,000

+32.3% / yr

Dec 10, 2013

Pending

ARMLS #5028549

—
DateEvent & SourcePrice
01/21/2014

Sold

ARMLS #5028549

$120,000
01/17/2014

Sold (Public Record)

Public Record #398610085

$120,000

+32.3% / yr

12/10/2013

Pending

ARMLS #5028549

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1232 East Mountain View Road

Taxable Value

Land

-

Additions

-
Total-

Tax Record

2025

$1,320 ($110 / month)

Home Facts

Total Finished SqFt

2,268 SqFt

Above Grade Finished SqFt

2,268 SqFt

Stories

2

Lot Size

8,313 SqFt

Style

Duplex

Year Built

1993

Zoning

R-3

County

MARICOPA

APN

159-30-034

Schools near 1232 East Mountain View Road

This home is within Washington Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Sunnyslope Elementary School
PublicK to 8

Sunnyslope High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.