3320 W Northern Ave

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Description

The Northern Ave fourplex is a great investment opportunity with an impressive 6.9% Cap Rate. The property has frontage on Northern Avenue, providing convenient access to multiple retail centers, restaurants, and nearby freeways. The property consists of three 2-bedroom, 1-bathroom units and a spacious 3-bedroom, 2-bathroom unit. Two units have received complete renovations within the past two years. There are two shared garages and on-site laundry facilities. The property currently has below-market...The Northern Ave fourplex is a great investment opportunity with an impressive 6.9% Cap Rate. The property has frontage on Northern Avenue, providing convenient access to multiple retail centers, restaurants, and nearby freeways. The property consists of three 2-bedroom, 1-bathroom units and a spacious 3-bedroom, 2-bathroom unit. Two units have received complete renovations within the past two years. There are two shared garages and on-site laundry facilities. The property currently has below-market rates, with the potential to increase the value of two units within the next two months.
  1. Listed by Zachary Coty • Brokerage DRE #LC541770000 • R.O.I. Properties
    P: (602)-319-1326 C: (602)-516-4767 zcoty@thecotygroup.com

Property Details for 3320 West Northern Avenue

Subdivision Name
NORTHERN LANAI UNIT 1
View YN
No
Zoning
Multi
LISTING UPDATED: 01/05/2024 02:39 PM

Property Details for 3320 West Northern Avenue

StatusClosed
MLS #6619662
Days on Market7
Taxes$2,035 / year
HOA Fees-
Condo/Co-op Fees$5,217 / month
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1974
Lot Size-
CountyMaricopa County

Location

Listing Courtesy of R.O.I. Properties

Sold By Berkshire Hathaway HomeServices Arizona Properties

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Building Information for 3320 West Northern Avenue

Stories-Residences4Year Built1974Building Size-Lot Size-

Payment Calculator

$8,944 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,558

Property Taxes

$170

HOA Dues

$5,217

The Payment Calculator is for illustrative purposes only.

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Property Information for 3320 West Northern Avenue

Summary
Location and General Information
  • Unparsed Address: 3320 W NORTHERN Avenue, Phoenix, AZ 85051
  • City: Phoenix
  • Coordinates: -112.131045, 33.553423
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Northern and 33rd Avenue
  • Directions: I-17 and Northern, west to property just prior to 35TH Ave on the North Side of the street
  • Latitude: 33.553423
  • Longitude: -112.131045
  • Postal City: Phoenix
  • Postal Code: 85051
  • Postal Code Plus4: 6552
  • State Or Province: AZ
  • Street Suffix: Avenue
  • Year Built: 1,974
Taxes and HOA
  • Tax Annual Amount: $2,035.00
  • Tax Book Number: 150.00
  • Tax Legal Description: LOT 2 NORTHERN LANAI UNIT 1 MCR 016924
  • Tax Lot: 2
  • Tax Year: 2,023
Parking
  • Covered Spaces: 4
  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Paved Parking, Add'l Parking Avail, >1 Space Per Unit
  • Parking Total: 8
School Information
  • Elementary School District: Washington Elementary District
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Palo Verde 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: IRR
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 15009869
  • Property Type: Multiple Dwellings
  • Public Survey Range: 2E
  • Public Survey Section: 35
  • Public Survey Township: 3N
  • Road Surface Type: Asphalt
Utilities
  • Electric: SRP
  • Electric Expense: $210.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $1,477.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Pool
  • Construction Materials: Painted, Stucco, Frame - Wood
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Flooring: Carpet, Ceramic Tile, Vinyl
Multi Family
Income & Expenses
  • Gross Income: $63,300.00
  • Gross Scheduled Income: $63,300.00
  • Maintenance Expense: $5,217.00
  • Net Operating Income: $49,510.00
  • Operating Expense: $11,274.00
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 3320 West Northern Avenue

DateEvent & SourcePriceAppreciation
Jan 13, 2026

Withdrawn

ARMLS #6916814

$925,000—
Sep 30, 2025

Listed (Active)

ARMLS #6916814

$811,000—
Nov 30, 2023

Sold

ARMLS #6619662

$730,000—
Oct 25, 2023

Pending

ARMLS #6619662

—
Oct 18, 2023

Listed (Active)

ARMLS #6619662

$715,000—
Oct 4, 2021

Sold

ARMLS #6290655

$545,000—
Sep 10, 2021

Pending

ARMLS #6290655

—
Sep 8, 2021

Listed (Active)

ARMLS #6290655

$545,000—
Jul 12, 2007

Withdrawn

ARMLS #2760630

$349,000—
May 7, 2007

Listed (Active)

ARMLS #2760630

$349,000—
DateEvent & SourcePrice
01/13/2026

Withdrawn

ARMLS #6916814

$925,000
09/30/2025

Listed (Active)

ARMLS #6916814

$811,000
11/30/2023

Sold

ARMLS #6619662

$730,000
10/25/2023

Pending

ARMLS #6619662

—
10/18/2023

Listed (Active)

ARMLS #6619662

$715,000
10/04/2021

Sold

ARMLS #6290655

$545,000
09/10/2021

Pending

ARMLS #6290655

—
09/08/2021

Listed (Active)

ARMLS #6290655

$545,000
07/12/2007

Withdrawn

ARMLS #2760630

$349,000
05/07/2007

Listed (Active)

ARMLS #2760630

$349,000

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

Schools near 3320 West Northern Avenue

This home is within Washington Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alta Vista Elementary School
PublicK to 6

Palo Verde Middle School
Public7 to 8

Cortez 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 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 R.O.I. Properties

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.