Phoenix, AZ 85003,525 W PORTLAND Street
Phoenix, AZ 85003,525 W PORTLAND Street
Phoenix, AZ 85003,525 W PORTLAND Street
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$1,500,000
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525 W PORTLAND Street Phoenix, AZ 85003

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Kenilworth Blocks 1-6

MLS Listing ID 6902823

Year Built 1930

Annual Tax Amount $2,411

Tax Year 2024

Lot Dimensions 10150

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

When Arizona achieved statehood, Roosevelt Historic District, the 'street car subdivision' was home to the Phoenix elite. Today it remains as ''Phoenix's finest example of residential preservation and architectural diversity.'' Tucked on a palm tree lined street, 525 W Portland is a rare opportunity to acquire the premier multi-family asset in this thriving arts district. Described in the National Register for Historic Places as 'a noteworthy example of a one-story Spanish Colonial Revival house' the property includes four distinct units, the centerpiece being a fully restored 1921 duplex. Behind that lives a charming 1930 1 bedroom house, a highly functional studio, and a two car garage. Three units will convey fully furnished for continued midterm or STR opportunity.

Location

State AZ

County Maricopa

Community Kenilworth Blocks 1-6

Zoning DTC-ROOS

Direction North on 7th Ave, Right on Portland, property on south side of street.

Interior

Heating Heat Pump, Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Wood, Concrete

Appliance Free-Standing Range, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer

Exterior

Community Features No Pool

Roof Type Tile,Built-Up,Foam

Garage Yes

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Kenilworth Elementary School

Middle Schools Kenilworth Elementary School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-32-014

Acceptable Financing Owner May Carry, Conventional, VA Loan

Listing Terms Owner May Carry, Conventional, VA Loan


Arizona Regional MLS (ARMLS)
Listed by Compass

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agent

Jennifer Burgess

Agent | License ID: SA671871000

+1(602) 999-5988

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525 W PORTLAND Street