316 W McDowell Rd

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Sq. Ft.
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Description

Reduced from $409,000. Owner says sell--Cannot take the time to manage--terrific deal for owner/user or investor. Currently about 55% occupied. Mixed use building, almost totally rehabbed. 10% down! New roof, new second floor units, new first floor improvements. Recently painted. This building is priced at $30/ft! Call the office for current breakdown of units and rentals.Reduced from $409,000. Owner says sell--Cannot take the time to manage--terrific deal for owner/user or investor. Currently about 55% occupied. Mixed use building, almost totally rehabbed. 10% down! New roof, new second floor units, new first floor improvements. Recently painted. This building is priced at $30/ft! Call the office for current breakdown of units and rentals.
  1. Listed by Alan J Kovin • Benefit Realty and Mortgage
    P: (602)-477-9562

Property Details for 316 West McDowell Road

View YN
No
Zoning
C2
LISTING CLOSED: 06/30/2002 06:30 AM

Property Details for 316 West McDowell Road

StatusClosed
MLS #1821445
Days on Market41
Taxes$6,000 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1940
Lot Size-
CountyMaricopa County

Location

Listing Courtesy of Benefit Realty and Mortgage

Sold By Benefit Realty and Mortgage

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Building Information for 316 West McDowell Road

Stories-Residences15Year Built1940Building Size-Lot Size-

Payment Calculator

$2,330 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,830

Property Taxes

$500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 316 West McDowell Road

Summary
Location and General Information
  • Unparsed Address: 316 W McDowell Avenue, Phoenix, AZ 85003
  • City: Phoenix
  • Coordinates: -112.078965, 33.466075
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 3rd Ave & McDowell
  • Directions: 2nd Building W of 3rd Ave and Mcdowell-on N side. Take 3rd Ave N of McDowell to first alley, West to 2nd building.
  • Latitude: 33.466075
  • Longitude: -112.078965
  • Map Coordinate: P34
  • Postal City: Phoenix
  • Postal Code: 85003
  • State Or Province: AZ
  • Street Suffix: Avenue
  • Year Built: 1,940
Taxes and HOA
  • Tax Annual Amount: $6,000.00
  • Tax Book Number: 118.00
  • Tax Lot: 0
  • Tax Parcel Letter: a
  • Tax Year: 2,001
Parking
  • Covered Spaces: 10
  • Garage YN: No
  • Open Parking Spaces: 10
  • Open Parking YN: Yes
  • Parking Features: Paved Parking, >1 Space Per Unit
  • Parking Total: 20
School Information
  • Elementary School District: Creighton Elementary 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: IRR
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11857146a
  • Property Type: Multiple Dwellings
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $10,000.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $500.00
  • Water Sewer Expense: $900.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: See Remarks
  • Construction Materials: Stucco, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 15
  • Roof: Built-Up
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Cooling: Individual
  • Cooling YN: Yes
  • Heating: Individual
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $10,200.00
  • Gross Scheduled Income: $10,200.00
  • Insurance Expense: $3,600.00
  • Maintenance Expense: $.00
  • Net Operating Income: $.00
  • Operating Expense: $21,000.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
Rental
Rent Information
  • Tenant Pays: See Remarks

Property History for 316 West McDowell Road

DateEvent & SourcePriceAppreciation
Jun 30, 2002

Sold

ARMLS #1821445

—
Jun 30, 2002

Pending

ARMLS #1821445

—
Jun 15, 2002

Sold

ARMLS #1821445

$360,000—
DateEvent & SourcePrice
06/30/2002

Sold

ARMLS #1821445

—
06/30/2002

Pending

ARMLS #1821445

—
06/15/2002

Sold

ARMLS #1821445

$360,000

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

Public Records for 316 West McDowell Road

Taxable ValueLand-Additions-Total-
Tax Record2025$10,383 ($865 / month)
Home Facts
Total Finished SqFt12,408 SqFtAbove Grade Finished SqFt12,408 SqFtStories2Lot Size15,794 SqFtStyleStoresYear Built1940ZoningC-DTCountyMARICOPAAPN118-57-146A

Schools near 316 West McDowell Road

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.

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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 Benefit Realty and Mortgage

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.