317 W McDowell Rd

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Description

Laird is a 12-unit garden-style apartment community located in a dynamic downtown Phoenix location in the path of development. The community is situated on McDowell Road just west of Central Avenue in a very trendy, revitalized part of downtown phoenix. Built in 1941, the property is made of brick construction with new built-up foam roofs and is individually-metered for electricity. It has recently been renovated but still maintains the unique mid-century modern character of the community. The unit...Laird is a 12-unit garden-style apartment community located in a dynamic downtown Phoenix location in the path of development. The community is situated on McDowell Road just west of Central Avenue in a very trendy, revitalized part of downtown phoenix. Built in 1941, the property is made of brick construction with new built-up foam roofs and is individually-metered for electricity. It has recently been renovated but still maintains the unique mid-century modern character of the community. The unit mix consists of studios and one-bedroom floor plans that are spacious and very well designed and average approximately 633 square feet. Interior unit features include fully appointed kitchens with electric appliances, hardwood flooring, crown molding, ceramic tile shower surrounds, brushed nickel fixtures and ceiling fans. Laird is situated on approximately 0.25 acres and has attractive landscaping lined with mature trees and lush turf. Community amenities include secured access, a recently renovated card-operated on-site laundry facility, BBQ and outdoor sitting area. Laird offers an investor the opportunity to acquire a pride of ownership garden-style apartment community located in a strong downtown Phoenix submarket with in-place yield and additional value-add potential. In the fourth quarter of 2014, the submarket rents average $1.20 per square foot as compared to $0.95 per square foot for the metropolitan Phoenix average, and has experienced consistent increases in occupancy levels above those of the metro Phoenix area as well.
  1. Listed by Jeffrey Seaman • Brokerage DRE #CO000525000 • CBRE, Inc
    P: (602)-735-5634 jeff.seaman@cbre.com

Property Details for 317 West McDowell Road

Subdivision Name
KENILWORTH BLKS 1-6
View YN
No
Zoning
DTC-MCD-1
LISTING CLOSED: 08/07/2015 12:00 AM

Property Details for 317 West McDowell Road

StatusClosed
MLS #5256407
Days on Market40
Taxes$4,607 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1927
Lot Size0.17 AC / 7,600 SF
CountyMaricopa County

Location

Listing Courtesy of CBRE, Inc

Sold By CBRE, Inc

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Building Information for 317 West McDowell Road

Stories-Residences12Year Built1927Building Size-Lot Size0.17 AC / 7,600 SF

Payment Calculator

$6,026 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,642

Property Taxes

$384

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 317 West McDowell Road

Summary
Location and General Information
  • Unparsed Address: 317 W MCDOWELL Road, Phoenix, AZ 85003
  • City: Phoenix
  • Coordinates: -112.079122, 33.465485
  • Country: US
  • County Or Parish: Maricopa
  • Latitude: 33.465485
  • Longitude: -112.079122
  • Map Coordinate: P33
  • Postal City: Phoenix
  • Postal Code: 85003
  • Postal Code Plus4: 1273
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,927
Taxes and HOA
  • Tax Annual Amount: $4,607.22
  • Tax Block: 14
  • Tax Book Number: 111.00
  • Tax Legal Description: KENILWORTH MCR 8/39 LOT 12 BLK 14 EX N 9F & EX P/F 94-159147
  • Tax Lot: 12
  • Tax Parcel Letter: A
  • Tax Year: 2,014
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 12
  • Open Parking YN: Yes
  • Parking Features: Paved Parking
  • Parking Total: 12
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 Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 7600
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11131120A
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 5
  • Public Survey Township: 1N
  • Road Surface Type: Gravel, Dirt, Dedicated Street
Utilities
  • Electric: APS, 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: See Remarks
  • Construction Materials: Brick Veneer, Brick
  • Number Of Buildings: 1
  • Number Of Units Total: 12
  • Roof: Built-Up
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Individual
  • Cooling YN: Yes
  • Heating: Natural Gas
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $98,692.80
  • Gross Scheduled Income: $102,805.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $72,690.00
  • Other Expense: $30,115.00
  • Professional Management Expense: $.00
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 317 West McDowell Road

DateEvent & SourcePriceAppreciation
Aug 7, 2015

Sold

ARMLS #5256407

$1,110,000—
Jul 23, 2015

Sold (Public Record)

Public Record #1053347015

$1,110,000—
May 6, 2015

Pending

ARMLS #5256407

—
DateEvent & SourcePrice
08/07/2015

Sold

ARMLS #5256407

$1,110,000
07/23/2015

Sold (Public Record)

Public Record #1053347015

$1,110,000
05/06/2015

Pending

ARMLS #5256407

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

Public Records for 317 West McDowell Road

Taxable ValueLand-Additions-Total-
Tax Record2025$5,754 ($480 / month)
Home Facts
Total Finished SqFt6,816 SqFtAbove Grade Finished SqFt6,816 SqFtStories2Lot Size9,662 SqFtStyleMulti-Family Dwelling (2-4)Year Built1927ZoningDTC-MCD-1CountyMARICOPAAPN111-31-120A

Schools near 317 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
–
–
–
2,133
9,668
–
–
–
7,285
8,985
–
–
–
1,588
7,434
–
–
3
2,758
10,150
–
–
3
2,907
10,150

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 CBRE, Inc

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.