Sold
Last Sold Price
49 E Riverside St, Phoenix, AZ 85040
Multi FamilyProperty Type
0.74 acresLot Size
1936Year Built

Description

Seller is motivated bring your offer now. This property is great value add property. Huge lot 32,120 sq foot lot. This property has a single apartment duplex apartments and 2 houses. Property is need of rehab and one tenant lives on property with family on a month to month lease for $500 a month. All units are very poor and need full rehab. Property is being sold as is. All facts and figuers are approximate buyer verify MLS information.Seller is motivated bring your offer now. This property is great value add property. Huge lot 32,120 sq foot lot. This property has a single apartment duplex apartments and 2 houses. Property is need of rehab and one tenant lives on property with family on a month to month lease for $500 a month. All units are very poor and need full rehab. Property is being sold as is. All facts and figuers are approximate buyer verify MLS information.
  • Listed by: Sophia J Baron 480.287.5200 sophia@gracecre.com Brokerage DRE #LC646682009 • Russ Lyon Sotheby's International Realty
  • Listed by: Braxton B McGregor 480.287.5200 bret.lamberson@russlyon.com Brokerage DRE #LC646682009 • Russ Lyon Sotheby's International Realty
Listing closed: 05/31/2018 12:00 AM • Source: ARMLS, MLS#: 5756384

Location

Listing Courtesy of Russ Lyon Sotheby's International Realty

Sold By Better Homes & Gardens Real Estate SJ Fowler; Russ Lyon Sotheby's International Realty

Add your commute

Payment Calculator

$3,505 per month

30 year fixed, 6.55% Interest

Principal and Interest

$940

Property Taxes

$65

HOA Dues

$2,500

The Payment Calculator is for illustrative purposes only.

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Property Information for 49 East Riverside Street

Property Details
  • Taxes: $779 / year
  • Condo/Co-op Fees: $2,500 / month
  • MLS Type: Multiple Dwellings
  • Subdivision Name: BOWLES SUB
  • View YN: No
  • Zoning: R4
Building Information
  • Residences: 5
  • Year Built: 1936
  • Lot Size: 0.74 AC / 32,130 SF
Summary
Location and General Information
  • Unparsed Address: 49 E RIVERSIDE Street, Phoenix, AZ 85040
  • City: Phoenix
  • Coordinates: -112.071259, 33.408096
  • Country: US
  • County Or Parish: Maricopa
  • Latitude: 33.408096
  • Longitude: -112.071259
  • Map Coordinate: R34
  • Postal City: Phoenix
  • Postal Code: 85040
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,936
Taxes and HOA
  • Tax Annual Amount: $779.00
  • Tax Book Number: 113.00
  • Tax Legal Description: LOT 3 BOWLES SUB MCR 000921
  • Tax Lot: 3
  • Tax Year: 2,017
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 0
  • Parking Features: Street Parking
  • Parking Total: 0
School Information
  • Elementary School: Roosevelt Elementary School
  • Elementary School District: Roosevelt Elementary District
  • High School: South Mountain High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: South Mountain High 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: 32130
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11313008
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 20
  • Public Survey Township: 1N
  • Road Surface Type: Gravel, Dirt, Asphalt
Utilities
  • Electric: SRP, Individual Meter
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $1,000.00
  • Water Sewer Expense: $1,200.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Other, See Remarks, No Pool
  • Construction Materials: See Remarks, Painted, Block, Frame - Wood
  • Number Of Buildings: 3
  • Number Of Units Total: 5
  • Roof: See Remarks
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling YN: Yes
  • Heating: Natural Gas
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $480.00
  • Gardner Expense: $500.00
  • Gross Income: $29,070.00
  • Gross Scheduled Income: $30,600.00
  • Insurance Expense: $1,250.00
  • Maintenance Expense: $2,500.00
  • Net Operating Income: $21,361.00
  • Operating Expense: $8,488.00
  • Other Expense: $779.00
  • Professional Management Expense: $.00
Rental
Rent Information
  • Tenant Pays: Gas, Electricity, Cable TV

Property History for 49 East Riverside Street

DateEvent & SourcePriceAppreciation
May 31, 2018

Sold

ARMLS #5756384

$185,000—
May 16, 2018

Sold (Public Record)

Public Record #622791334

$175,000—
May 10, 2018

Pending

ARMLS #5756384

—
DateEvent & SourcePrice
05/31/2018

Sold

ARMLS #5756384

$185,000
05/16/2018

Sold (Public Record)

Public Record #622791334

$175,000
05/10/2018

Pending

ARMLS #5756384

—

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

Public Records for 49 East Riverside Street

Taxable ValueLand-Additions-Total-
Tax Record2025$928 ($77 / month)
Home Facts
Total Finished SqFt3,492 SqFtAbove Grade Finished SqFt3,492 SqFtStories1Lot Size32,130 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936Year Renovated1936ZoningM-HCountyMARICOPAAPN113-13-008

Schools near 49 East Riverside Street

This home is within Roosevelt Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Cesar E Chavez Community School
PublicPK to 8

Phoenix Coding Academy
Public9 to 12

South Mountain High School
Public9 to 12

Iamrsdonline Academy
PublicK to 8

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 Russ Lyon Sotheby's International Realty

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.