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Roosevelt Bungalows 1545 W Roosevelt St

12 Unit Apartment Building $1,020,000 ($85,000/Unit) Phoenix, AZ 85007

Executive Summary

1545 W Roosevelt St consists of six multifamily buildings and has a total of 12 multifamily units (100% vacant – 1 bed / 1 bath), known as the Roosevelt Bungalows. The property is bank owned and in need of repairs, making it perfect for value-add investors looking for a medium sized multifamily property to fix up and put their touches on. The location being situated just west of Downtown Phoenix near the intersection of Grand Ave & Roosevelt St, places it in an area rich with history, restaurants, social hubs, and retail.

Property Facts Under Contract

Price $1,020,000
Price Per Unit $85,000
Sale Type Investment
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.34 AC
Building Size 3,680 SF
No. Stories 1
Year Built 1937

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - 400
Walk Score ®
Very Walkable (82)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 111-25-003A
  • 111-25-001A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$24,729

zoning

Zoning Code R-5, Phoenix
R-5, Phoenix
  • Listing ID: 33636350

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 1545 W Roosevelt St, Phoenix, AZ 85007

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