1249 W Pierce St

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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...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.
  1. Listed by Bryce Neagle • Brokerage DRE #LC649639000 • ABI Multifamily
    P: (602)-714-8931 C: (602)-714-8931 bryce.neagle@abimultifamily.com
  2. Listed by Mitchell Drake • Brokerage DRE #LC649639000 • ABI Multifamily
    P: (602)-714-1289 mitchell.drake@abimultifamily.com

Property Details for 1249 West Pierce Street

Subdivision Name
UNIVERSITY ADDITION
View YN
No
Zoning
R-5
LISTING UPDATED: 02/02/2026 11:08 AM

Property Details for 1249 West Pierce Street

StatusActive
MLS #6955650
Days on Market77
Taxes$1,404 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1986
Lot Size0.31 AC / 13,350 SF
CountyMaricopa County

Location

Listing Courtesy of ABI Multifamily
Add your commute

Building Information for 1249 West Pierce Street

Stories-Residences8Year Built1986Building Size-Lot Size0.31 AC / 13,350 SF

Payment Calculator

$6,575 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,458

Property Taxes

$117

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1249 West Pierce Street

Summary
Location and General Information
  • Unparsed Address: 1249 W PIERCE Street, Phoenix, AZ 85007
  • City: Phoenix
  • Coordinates: -112.090282, 33.455737
  • Country: US
  • County Or Parish: Maricopa
  • Latitude: 33.455737
  • Longitude: -112.090282
  • Postal City: Phoenix
  • Postal Code: 85007
  • Postal Code Plus4: 2374
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,986
Taxes and HOA
  • Tax Annual Amount: $1,404.00
  • Tax Book Number: 111.00
  • Tax Legal Description: UNIVERSITY ADDITION MCR 1/7 LOT 12 BLK L
  • Tax Lot: 12
  • Tax Parcel Letter: F
  • Tax Year: 2,025
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 16
  • Open Parking YN: Yes
  • Parking Features: >1 Space Per Unit
  • Parking Total: 16
School Information
  • Elementary School District: Phoenix Elementary District
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 13350 sqft
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11127148F
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 6
  • Public Survey Township: 1N
  • Road Surface Type: Asphalt
Utilities
  • Electric: Individual Meter
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Other
  • Construction Materials: Wood Frame, Stucco
  • Number Of Buildings: 2
  • Number Of Units Total: 8
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Electric, Individual
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Individual, Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gardner Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $82,514.00
  • Operating Expense: $1,404.00
  • Other Expense: $.00
  • Professional Management Expense: $.00

Property History for 1249 West Pierce Street

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Listed (Active)

ARMLS #6955650

—
Dec 29, 2025

In Contract

ARMLS #6955650

—
Dec 16, 2025

Price Change

ARMLS #6955650

$1,325,000—
Dec 8, 2025

Listed (Active)

ARMLS #6955650

$1,350,000—
Jul 24, 2017

Sold

ARMLS #5584213

$286,000—
Jun 28, 2017

Sold (Public Record)

Public Record #601236534

$286,000

+0.5% / yr

Jun 13, 2017

Pending

ARMLS #5584213

—
Apr 1, 2017

Listed (Active)

ARMLS #5584213

$310,000—
Sep 11, 2006

Sold

ARMLS #2580219

$270,000—
Sep 7, 2006

Sold (Public Record)

Public Record #202042199

$270,000

+17.6% / yr

Aug 20, 2006

Pending

ARMLS #2580219

—
Jul 22, 2006

Listed (Active)

ARMLS #2580219

$290,000—
Jan 27, 2005

Sold (Public Record)

Public Record #150415138

$208,000—
Jan 12, 2005

Sold

ARMLS #2227732

$208,000—
Dec 16, 2004

Pending

ARMLS #2227732

—
Oct 26, 2004

Listed (Active)

ARMLS #2227732

$209,000—
DateEvent & SourcePrice
02/02/2026

Listed (Active)

ARMLS #6955650

—
12/29/2025

In Contract

ARMLS #6955650

—
12/16/2025

Price Change

ARMLS #6955650

$1,325,000
12/08/2025

Listed (Active)

ARMLS #6955650

$1,350,000
07/24/2017

Sold

ARMLS #5584213

$286,000
06/28/2017

Sold (Public Record)

Public Record #601236534

$286,000

+0.5% / yr

06/13/2017

Pending

ARMLS #5584213

—
04/01/2017

Listed (Active)

ARMLS #5584213

$310,000
09/11/2006

Sold

ARMLS #2580219

$270,000
09/07/2006

Sold (Public Record)

Public Record #202042199

$270,000

+17.6% / yr

08/20/2006

Pending

ARMLS #2580219

—
07/22/2006

Listed (Active)

ARMLS #2580219

$290,000
01/27/2005

Sold (Public Record)

Public Record #150415138

$208,000
01/12/2005

Sold

ARMLS #2227732

$208,000
12/16/2004

Pending

ARMLS #2227732

—
10/26/2004

Listed (Active)

ARMLS #2227732

$209,000

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

Public Records for 1249 West Pierce Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,404 ($117 / month)
Home Facts
Total Finished SqFt3,008 SqFtAbove Grade Finished SqFt3,008 SqFtStories2Lot Size6,675 SqFtStyleQuadraplexYear Built1986ZoningR-5CountyMARICOPAAPN111-27-148F

Schools near 1249 West Pierce Street

This home is within Phoenix Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kenilworth Elementary School
PublicPK to 8

Central High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

Franklin Police and Fire 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.

Similar Homes

Similar Sold Homes

1249 West Pierce Street is a multi-family home for sale in Phoenix, AZ 85007. This property was listed for sale on December 8, 2025 by ABI Multifamily, it's currently listed at $1,325,000. It has been on the market for a total of 77 days and was last sold on July 24, 2017. This listing's school districts are Phoenix Elementary District, Phoenix Union High School District. Nearby schools include Kenilworth Elementary School, Central High School and Phoenix Coding Academy. 1249 West Pierce Street is a 0-bed, 0-bath, multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ABI Multifamily

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.