Sold
Last Sold Price
513 E Hatcher Rd, Phoenix, AZ 85020
Multi FamilyProperty Type
1972Year Built
16 carsParking Spaces

Description

513 East Hatcher Road is of block construction and was originally built in 1958 with phase II being completed in 1972, the community features (9) 1-Bed / 1-Bath units along with (1) 2-bed / 1-bath unit. Of the (10) total units, (6) have been extensively renovated with the other (4) units providing the additional upside for the investor. All units feature a private patio and ample parking. The utilities on-site are master metered where an additional utility recapture can be implemented at the property....513 East Hatcher Road is of block construction and was originally built in 1958 with phase II being completed in 1972, the community features (9) 1-Bed / 1-Bath units along with (1) 2-bed / 1-bath unit. Of the (10) total units, (6) have been extensively renovated with the other (4) units providing the additional upside for the investor. All units feature a private patio and ample parking. The utilities on-site are master metered where an additional utility recapture can be implemented at the property. The renovated units feature shaker style cabinetry, kitchen backsplashes, quartz countertops, stainless steel appliance packages, vinyl-plank flooring, updated bathrooms, new plumbing, roof, ac units, windows and more.
  • Listed by: Carson P Griesemer 602.714.1370 carson.griesemer@abimultifamily.com Brokerage DRE #LC649639000 • ABI Multifamily
  • Listed by: Dallin J Hammond 602.714.1794 dallin.hammond@abimf.com Brokerage DRE #LC649639000 • ABI Multifamily
Listing closed: 12/12/2023 12:00 AM • Source: ARMLS, MLS#: 6589716

Recent comparable sales

Median sold price

$1,050,000

Avg days on market

90

Sale-to-list ratio

92.1%

Phoenix, AZ

9 comparable properties found

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Location

Listing Courtesy of ABI Multifamily

Sold By ABI Multifamily

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$6,657 per month

30 year fixed, 6.71% Interest

Principal and Interest

$6,459

Property Taxes

$198

HOA Dues

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Property Information for 513 East Hatcher Road

Property Details
  • Taxes: $2,373 / year
  • MLS Type: Multiple Dwellings
  • Subdivision Name: GLOBA
  • View YN: No
  • Zoning: R-5
Building Information
  • Residences: 10
  • Year Built: 1972
Summary
Location and General Information
  • Unparsed Address: 513 E HATCHER Road, Phoenix, AZ 85020
  • City: Phoenix
  • Coordinates: -112.066604, 33.571106
  • Country: US
  • County Or Parish: Maricopa
  • Latitude: 33.571106
  • Longitude: -112.066604
  • Postal City: Phoenix
  • Postal Code: 85020
  • Postal Code Plus4: 5737
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,972
Taxes and HOA
  • Tax Annual Amount: $2,373.00
  • Tax Block: 2
  • Tax Book Number: 159.00
  • Tax Legal Description: LOT 1 BLOCK 2 GLOBA MCR 003434
  • Tax Lot: 1
  • Tax Year: 2,022
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 16
  • Open Parking YN: Yes
  • Parking Features: >1 Space Per Unit
  • Parking Total: 16
School Information
  • Elementary School District: Washington Elementary District
  • High School District: Glendale 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: 138.71x150.74x138.70x150.31
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 15946051
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 29
  • Public Survey Township: 3N
  • Road Surface Type: Asphalt
Utilities
  • Electric: Master Meter
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 3
  • Number Of Units Total: 10
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Electric, Ceiling Fan(s)
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $156,028.00
  • Gross Scheduled Income: $152,400.00
  • Net Operating Income: $91,202.00
  • Operating Expense: $2,373.00
Rental
Rent Information
  • Tenant Pays: None

Property History for 513 East Hatcher Road

DateEvent & SourcePriceAppreciation
Dec 12, 2023

Sold

ARMLS #6589716

$1,250,000
Dec 11, 2023

Sold (Public Record)

Public Record #1523216410

$1,250,000

+8.4% / yr

Oct 4, 2023

Pending

ARMLS #6589716

DateEvent & SourcePrice
12/12/2023

Sold

ARMLS #6589716

$1,250,000
12/11/2023

Sold (Public Record)

Public Record #1523216410

$1,250,000

+8.4% / yr

10/04/2023

Pending

ARMLS #6589716

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

Public Records for 513 East Hatcher Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,664 ($222 / month)
Home Facts
Total Finished SqFt5,328 SqFtAbove Grade Finished SqFt5,328 SqFtStories1Lot Size20,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1972Year Renovated1972ZoningM-HCountyMARICOPAAPN159-46-051

Schools near 513 East Hatcher Road

This home is within Washington Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Sunnyslope Elementary School
PublicK to 8

Sunnyslope High School
Public9 to 12

Abraham Lincoln Traditional School
PublicPK 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 513 East Hatcher Road, Phoenix, AZ 85020
$1,250,000
$600,000
6,412
27,760
$390,000
4,286
13,809
$21,500
2
1
808
6,865
5,720
$135,000
2
1
1,131
6,534

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 ABI Multifamily

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.