1602 West McDowell Road
Description
- Listed by: Patrick W O'Sullivan 480.409.1429 inquiry@getMULTIfamily.com • Cap Core Real Estate
Location
Sold By Cap Core Real Estate
$7,200 per month
30 year fixed, 7.03% Interest
$2,803
$397
$4,000
1Property Information for 1602 West McDowell Road
Property Details
- Taxes: $4,769 / year
- Condo/Co-op Fees: $4,000 / month
- MLS Type: Multiple Dwellings
- County: Maricopa County
- Subdivision Name: FAIRVIEW PLACE BLKS 5-8
- View YN: No
- Zoning: R-5
Building Information
- Residences: 10
- Year Built: 1950
- Lot Size: 0.43 AC / 18,880 SF
Summary
- Unparsed Address: 1602 W MCDOWELL Road, Phoenix, AZ 85007
- City: Phoenix
- Coordinates: -112.094048, 33.466116
- Country: US
- County Or Parish: Maricopa
- Cross Street: W 15th Ave and N McDowell Rd
- Directions: From W 15th Ave and N McDowell Rd, head west to 16th Ave, property is on the north west corner of 16th Ave and McDowell Rd.
- Latitude: 33.466116
- Longitude: -112.094048
- Map Coordinate: P34
- Postal City: Phoenix
- Postal Code: 85007
- Postal Code Plus4: 1608
- State Or Province: AZ
- Street Suffix: Road
- Year Built: 1,950
- Tax Annual Amount: $4,768.80
- Tax Block: 6
- Tax Book Number: 111.00
- Tax Legal Description: FAIRVIEW PL LOTS 91,92,93 & 94 BLK 6 EX TRI- ANGLE IN SE COR LOT 91 & EX S 7' LOTS 91,92,93&94 PER
- Tax Lot: 91
- Tax Parcel Letter: A
- Tax Year: 2,015
- Covered Spaces: 0
- Garage YN: No
- Open Parking Spaces: 6
- Open Parking YN: Yes
- Parking Features: Paved Parking, <1 Space Per Unit
- Parking Total: 6
- Elementary School: Kenilworth Elementary School
- Elementary School District: Phoenix Elementary District
- High School: Central High School
- High School District: Phoenix Union High School District
- Middle Or Junior School: Phoenix Prep Academy
Property
- Building Area Units: Square Feet
- Living Area Units: Square Feet
- Lot Size Acres: 0.0
- Lot Size Area: 0.0
- Lot Size Dimensions: 118 x 160
- Lot Size Square Feet: 0.0
- Disclosures: None
- Documents Count: 0
- Ownership: Fee Simple
- Parcel Number: 11107072A
- Property Type: Multiple Dwellings
- Public Survey Range: 3E
- Public Survey Section: 31
- Public Survey Township: 2N
- Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
- Electric: APS, Master Meter
- Electric Expense: $.00
- Electric On Property YN: Yes
- Sewer: Public Sewer
- Trash Expense: $2,000.00
- Water Sewer Expense: $5,000.00
- Water Source: City Franchise, Master Meter
Interior and Exterior Features
- Community Features: No Pool
- Construction Materials: Painted, Block, Brick
- Number Of Buildings: 3
- Number Of Units Total: 10
- Roof: Composition
- Bathrooms Total Decimal: 0.0
- Bathrooms Total Integer: 0
- Cooling: Electric
- Cooling YN: Yes
- Flooring: Carpet, Concrete
- Heating: Heat Pump, 2 or More Units, Natural Gas
- Heating YN: Yes
Multi Family
- Fuel Expense: $.00
- Gardner Expense: $.00
- Gross Income: $82,080.00
- Gross Scheduled Income: $86,400.00
- Insurance Expense: $3,000.00
- Maintenance Expense: $4,000.00
- Net Operating Income: $51,745.00
- Operating Expense: $30,334.80
- Other Expense: $5,000.00
- Professional Management Expense: $6,566.00
Rental
- Tenant Pays: None
Property History for 1602 West McDowell Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 28, 2015 | Sold ARMLS #5355031 | $525,000 | — |
| Nov 13, 2015 | Pending ARMLS #5355031 | — | |
| Nov 11, 2015 | Sold (Public Record) Public Record #560810427 | $525,000 | — |
| Nov 11, 2015 | Sold (Public Record) Public Record #560810427 | $525,000 | — |
| Oct 28, 2015 | Listed (Active) ARMLS #5355031 | $525,000 | — |
| Oct 22, 2015 | Sold ARMLS #5328980 | $450,000 | — |
| Sep 18, 2015 | Pending ARMLS #5328980 | — | |
| Aug 31, 2015 | Listed (Active) ARMLS #5328980 | $545,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/28/2015 | Sold ARMLS #5355031 | $525,000 |
| 11/13/2015 | Pending ARMLS #5355031 | — |
| 11/11/2015 | Sold (Public Record) Public Record #560810427 | $525,000 |
| 11/11/2015 | Sold (Public Record) Public Record #560810427 | $525,000 |
| 10/28/2015 | Listed (Active) ARMLS #5355031 | $525,000 |
| 10/22/2015 | Sold ARMLS #5328980 | $450,000 |
| 09/18/2015 | Pending ARMLS #5328980 | — |
| 08/31/2015 | Listed (Active) ARMLS #5328980 | $545,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1602 West McDowell Road
Taxable Value
Land
-Additions
-Tax Record
2025
$8,399 ($700 / month)Home Facts
Total Finished SqFt
6,158 SqFtAbove Grade Finished SqFt
6,158 SqFtStories
2Lot Size
13,750 SqFtStyle
Multi-Family Res (5+ Units)Year Built
1950Year Renovated
1988Zoning
M-HCounty
MARICOPAAPN
111-07-072-ASchools near 1602 West McDowell Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Maie Bartlett Heard 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
New listings in 85007
$619,000
- Unavailable
- Bedrooms
- Unavailable
- Bathrooms
- Unavailable
- Square Feet
- 0.15
- Acres
$1,200,000
- 3
- Bedrooms
- 2
- Bathrooms
- 2,981
- Square Feet
- 0.25
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 1602 West McDowell Road, Phoenix, AZ 85007 | $525,000 | – | – | – | 18,880 |
$155,000 | 2 | 2 | 1,301 | 6,250 | |
$515,000 | 3 | 2 | 1,705 | 7,728 | |
$80,000 | – | – | – | – | |
– | – | – | 3,037 | 6,250 | |
$134,900 | – | 1 | 794 | 6,983 | |
– | – | 2 | 1,258 | 7,340 | |
$450,000 | – | – | 1,116 | 6,250 | |
$189,385 | – | – | – | 3,389 | |
$133,000 | – | – | – | 7,507 | |
$164,334 | – | – | 2,015 | 7,507 | |
$175,731 | 3 | 1 | 1,250 | – | |
$105,000 | – | – | 1,016 | 6,250 | |
– | – | – | 2,954 | 14,413 | |
$133,000 | – | – | – | 7,507 | |
$185,000 | – | – | – | 7,507 |
Explore Nearby Homes
- Campus Vista Historic District Homes for Sale
- Central Avenue Corridor Homes for Sale
- Central City South Homes for Sale
- Del Norte Place Historic District Homes for Sale
- Downtown Phoenix Homes for Sale
- Encanto Manor Historic District Homes for Sale
- Encanto-Palmcroft Historic District Homes for Sale
- Encanto Vista Historic District Homes for Sale
- Fairview Place Historic District Homes for Sale
- F.Q. Story Historic District Homes for Sale
- Governmental Mall Homes for Sale
- Government District Homes for Sale
- Lou Mar Vista Homes for Sale
- Margarita Place Historic District Homes for Sale
- Oakland Historic District Homes for Sale
- Phoenix Homes for Sale
- Laveen Homes for Sale
- Glendale Homes for Sale
- Paradise Valley Homes for Sale
- Tempe Homes for Sale
- Tolleson Homes for Sale
- Scottsdale Homes for Sale
- Peoria Homes for Sale
- Chandler Homes for Sale
- Palo Verde Homes for Sale
- Avondale Homes for Sale
- Mesa Homes for Sale
- Cashion Homes for Sale
- Sun City Homes for Sale
- Youngtown Homes for Sale
- 85041 Homes for Sale
- 85003 Homes for Sale
- 85004 Homes for Sale
- 85009 Homes for Sale
- 85013 Homes for Sale
- 85015 Homes for Sale
- 85040 Homes for Sale
- 85034 Homes for Sale
- 85012 Homes for Sale
- 85017 Homes for Sale
- 85006 Homes for Sale
- 85014 Homes for Sale
- 85042 Homes for Sale
- 85016 Homes for Sale
- 85019 Homes for Sale
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 Cap Core Real Estate
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.
