2036 East Osborn Road, Unit 2

Closed 9/29/15
Closed 9/29/15
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Last Sold Price
$230,000
2036 E Osborn Rd, Unit 2, Phoenix, AZ 85016

Description

A terrific investment opportunity in the heart of Phoenix at Osborn Rd and the 51. Four units for $225,000 is a bargain! Act now, because this one will sell fast. It’s virtually maintenance free – block construction, new roof, new hvac units, new doors and new windows. Each unit has its own meter for gas and electric. Three units are one bed, one bath, 650 square feet and rent for $550.00. The fourth unit is a 300 square foot studio that rents for $400.00. Rents in the area are substantially higher...A terrific investment opportunity in the heart of Phoenix at Osborn Rd and the 51. Four units for $225,000 is a bargain! Act now, because this one will sell fast. It’s virtually maintenance free – block construction, new roof, new hvac units, new doors and new windows. Each unit has its own meter for gas and electric. Three units are one bed, one bath, 650 square feet and rent for $550.00. The fourth unit is a 300 square foot studio that rents for $400.00. Rents in the area are substantially higher averaging $600-$650 for comparable units. There are month-to-month tenants in three units. The owner occupies one unit but will vacate upon COE.
LISTING CLOSED: 09/29/2015 12:00 AM

  1. Listed by Haines Meyer • Brokerage DRE #LC506032003 • HomeSmart
    P: (602)-889-2135 C: (480)-789-1735 hlmrealtor@gmail.com

Property Details for 2036 East Osborn Road, Unit 2

Status
Closed
MLS #
5329547
Days on Market
3
Taxes
$787 / year
HOA Fees
-
Condo/Co-op Fees
$1,500 / month
Property Type
Multi Family
MLS Type
Multiple Dwellings
Year Built
1961
Lot Size
0.19 AC / 8,125 SF
County
Maricopa County
View YN
No
Zoning
R-4
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Location

Listing Courtesy of HomeSmart

Sold By RE/MAX Fine Properties

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Building Information for 2036 East Osborn Road, Unit 2

Stories-Residences4Year Built1961Building Size-Lot Size0.19 AC / 8,125 SF

Payment Calculator

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$2,735 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,169

Property Taxes

$66

HOA Dues

$1,500

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Property Information for 2036 East Osborn Road, Unit 2

Summary
Location and General Information
  • Unparsed Address: 2036 E OSBORN Road, 2, Phoenix, AZ 85016
  • City: Phoenix
  • Coordinates: -112.037381, 33.487803
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 20th Street and Osborn Road
  • Directions: 51 Freeway East on Indian School, South on 20th St, East on Osborn to property
  • Latitude: 33.487803
  • Longitude: -112.037381
  • Map Coordinate: P35
  • Postal City: Phoenix
  • Postal Code: 85016
  • Postal Code Plus4: 7238
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,961
Taxes and HOA
  • Tax Annual Amount: $787.00
  • Tax Book Number: 119.00
  • Tax Legal Description: E 65' OF S2 W2 E2 S2 SW4 SW4 NE4 EX S 40' RD .19 AC
  • Tax Lot: n/a
  • Tax Parcel Letter: D
  • Tax Year: 2,013
Parking
  • Covered Spaces: 3
  • Garage YN: No
  • Open Parking Spaces: 1
  • Open Parking YN: Yes
  • Parking Features: Common
  • Parking Total: 4
School Information
  • Elementary School District: Creighton 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 Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 8125
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11922126D
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 27
  • Public Survey Township: 2N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $1,300.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Individual, Electric
  • Cooling YN: Yes
  • Heating: Natural Gas
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $25,080.00
  • Gross Scheduled Income: $26,400.00
  • Insurance Expense: $787.00
  • Maintenance Expense: $1,500.00
  • Net Operating Income: $22,280.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
Rental
Rent Information
  • Tenant Pays: Gas, Electricity, Cable TV

Property History for 2036 East Osborn Road, Unit 2

DateEvent & SourcePriceAppreciation
Sep 29, 2015

Sold

ARMLS #5329547

$230,000—
Sep 6, 2015

Pending

ARMLS #5329547

—
Sep 3, 2015

Listed (Active)

ARMLS #5329547

$225,000—
DateEvent & SourcePrice
09/29/2015

Sold

ARMLS #5329547

$230,000
09/06/2015

Pending

ARMLS #5329547

—
09/03/2015

Listed (Active)

ARMLS #5329547

$225,000

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

Schools near 2036 East Osborn Road, Unit 2

This home is within Phoenix Union High School District.
Rating
School
Type
Grades
Distance
Loma Linda Elementary School
Public - PK to 8
Camelback High School
Public - 9 to 12
Phoenix Coding Academy
Public - 9 to 12
PXU Digital Academy
Public - 9 to 12
Rating
School
Distance
Loma Linda Elementary School
PublicPK to 8

Camelback High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

PXU Digital Academy
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2036 East Osborn Road, Unit 2, Phoenix, AZ 85016
$230,000
–
–
–
8,125
2036 East Osborn Road, Phoenix, AZ 85016
$230,000
–
–
1,933
8,125
2030 East Osborn Road, Phoenix, AZ 85016
–
–
–
3,360
13,634
2050 East Osborn Road, Phoenix, AZ 85016
–
–
1
1,260
19,274
2031 East Mitchell Drive, Phoenix, AZ 85016
$530,000
4
3
1,773
11,596
2020 East Osborn Road, Phoenix, AZ 85016
–
–
–
2,108
8,930

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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.