1305 E Madison St

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Description

Brand new construction. All units are 2 bedroom 2 bath/ High end finishes throughout. This is a perfect turnkey property that is the first in a growing area with gentrification happening. Upside investment. The property is near the light rail into downtown, Bank One Ballpark, Roosevelt Row, and light rail to the airport. IECC efficient appliances and A/CBrand new construction. All units are 2 bedroom 2 bath/ High end finishes throughout. This is a perfect turnkey property that is the first in a growing area with gentrification happening. Upside investment. The property is near the light rail into downtown, Bank One Ballpark, Roosevelt Row, and light rail to the airport. IECC efficient appliances and A/C
  1. Listed by Morgan Shipley • Brokerage DRE #CO578024003 • Realty ONE Group
    P: (602)-618-5380 C: (602)-618-5380 morgan@budwigteam.com

Property Details for 1305 East Madison Street

Subdivision Name
COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
View YN
No
Zoning
R-3
LISTING UPDATED: 11/24/2025 11:03 PM

Property Details for 1305 East Madison Street

StatusActive
MLS #6948798
Days on Market97
Taxes$1,220 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built2025
Lot Size0.16 AC / 7,000 SF
CountyMaricopa County

Location

Listing Courtesy of Realty ONE Group
Add your commute

Building Information for 1305 East Madison Street

Stories-Residences4Year Built2025Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$7,534 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,433

Property Taxes

$102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1305 East Madison Street

Summary
Location and General Information
  • Unparsed Address: 1305 E MADISON Street, Phoenix, AZ 85034
  • City: Phoenix
  • Coordinates: -112.053888, 33.445866
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Madison and 13th St.
  • Directions: Take Jefferson to 13th St. Go south on 13th St. Turn Left on Madison Property is second lot on the right
  • Latitude: 33.445866
  • Longitude: -112.053888
  • Postal City: Phoenix
  • Postal Code: 85034
  • Postal Code Plus4: 2320
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 2,025
Taxes and HOA
  • Tax Annual Amount: $1,220.00
  • Tax Book Number: 116.00
  • Tax Legal Description: COLLINS
  • Tax Lot: 11
  • Tax Year: 2,024
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Free
  • Parking Total: 8
School Information
  • Elementary School: Garfield School
  • Elementary School District: Phoenix Elementary District
  • High School: North High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Garfield School
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: 7000 sq feet
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: Other (See Remarks)
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11649029
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 9
  • Public Survey Township: 1N
Utilities
  • Electric: APS
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $300.00
  • Water Sewer Expense: $1,500.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Wood Frame, Painted, Stucco, Stone
  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Ceiling Fan(s), Electric
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gardner Expense: $1,500.00
  • Gross Income: $88,800.00
  • Gross Scheduled Income: $88,800.00
  • Insurance Expense: $2,000.00
  • Net Operating Income: $82,280.00
  • Operating Expense: $6,520.00

Property History for 1305 East Madison Street

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Listed (Active)

ARMLS #6948798

$1,525,000—
Jul 29, 2025

Sold (Public Record)

Public Record #1906875288

$1,250,000

+59.6% / yr

Jul 15, 2025

Sold

ARMLS #6802310

$1,250,000—
Jun 13, 2025

Pending

ARMLS #6802310

—
May 23, 2025

Price Change

ARMLS #6802310

$1,375,000—
May 5, 2025

Price Change

ARMLS #6802310

$1,399,000—
Apr 17, 2025

Price Change

ARMLS #6802310

$1,449,000—
Apr 4, 2025

Price Change

ARMLS #6802310

$1,495,000—
Apr 4, 2025

Price Change

ARMLS #6802310

$149,500—
Jan 9, 2025

Listed (Active)

ARMLS #6802310

$1,499,000—
Oct 29, 2021

Sold

ARMLS #6304552

$215,000—
Oct 22, 2021

Sold (Public Record)

Public Record #1475239697

$215,000—
Oct 17, 2021

Pending

ARMLS #6304552

—
Oct 8, 2021

Listed (Active)

ARMLS #6304552

$199,000—
DateEvent & SourcePrice
11/17/2025

Listed (Active)

ARMLS #6948798

$1,525,000
07/29/2025

Sold (Public Record)

Public Record #1906875288

$1,250,000

+59.6% / yr

07/15/2025

Sold

ARMLS #6802310

$1,250,000
06/13/2025

Pending

ARMLS #6802310

—
05/23/2025

Price Change

ARMLS #6802310

$1,375,000
05/05/2025

Price Change

ARMLS #6802310

$1,399,000
04/17/2025

Price Change

ARMLS #6802310

$1,449,000
04/04/2025

Price Change

ARMLS #6802310

$1,495,000
04/04/2025

Price Change

ARMLS #6802310

$149,500
01/09/2025

Listed (Active)

ARMLS #6802310

$1,499,000
10/29/2021

Sold

ARMLS #6304552

$215,000
10/22/2021

Sold (Public Record)

Public Record #1475239697

$215,000
10/17/2021

Pending

ARMLS #6304552

—
10/08/2021

Listed (Active)

ARMLS #6304552

$199,000

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

Public Records for 1305 East Madison Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,565 ($214 / month)
Home Facts
Total Finished SqFt1,062 SqFtAbove Grade Finished SqFt1,062 SqFtStories1Lot Size7,000 SqFtStyleDuplexYear Built1925ZoningR-5CountyMARICOPAAPN116-49-029

Schools near 1305 East Madison 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 - PK to 8
Rating
School
Distance
Garfield School
PublicPK to 8

Phoenix Coding Academy
Public9 to 12

North High School
Public9 to 12

Augustus H. Shaw Montessori
PublicPK to 8

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

1305 East Madison Street is a multi-family home for sale in Phoenix, AZ 85034. This property was listed for sale on November 17, 2025 by Realty ONE Group, it's currently listed at $1,525,000. It has been on the market for a total of 97 days and was last sold on July 29, 2025. This listing's school districts are Phoenix Elementary District, Phoenix Union High School District. Nearby schools include Garfield School, Phoenix Coding Academy and North High School. 1305 East Madison Street is a 0-bed, 0-bath, multi-family home built in 2025.

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 Realty ONE Group

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.