2316 E Roosevelt Street, Phoenix, AZ 85006

$1,900,000

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Sold Price
$1,900,000
List Price
$2,200,000
Closing Date
Dec 26, 2023
Days on Market
41
Status
CLOSED
MLS#
6599818
City
Phoenix
Subdivision
The Franklin
Year Built
1949

Property Description

Great Opportunity To Purchase This 14 Unit Apartment Community Consisting of 10 Two Bedroom One Bath Units and 4 One Bedroom One Bath Units Located Just East of Downtown Phoenix. Updates Include Newer Roofs, Windows, Evap Coolers, Mini-Splits, Flooring, Interior Paint & Some Replaced Cabinets In A Few of The Units. Property Is Comprised of 8 Buildings & Situated on 2 Parcels of Land Totaling Over 1 Acre. All Units Have Their Own Electric Meters. Located At 24th Street & Roosevelt This Property Is Conveniently Located Near Several Major Employers, Major Freeways & Sky Harbor Airport.

Additional Information

School District
Phoenix Union High School District
Community Features
No Pool
Construction
Stucco, Block
Cooling
Ceiling Fan(s), Evaporative Cooling, Window/Wall Unit, Individual
Electric
APS, Individual Meter
Flooring
Vinyl
Heating
Individual
New Financing
No Carry, Conventional
Parking Features
<1 Space Per Unit
Roofing
Composition
Sewer
Sewer-In & Connected, Public Sewer
Subdivision
The Franklin
Taxes
$3,266
Tax Year
2023
Units
14
Water
Master Meter, City Franchise
Zoning
R-5 & C-1

Mortgage Calculator

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass. Selling Office: ABI Multifamily.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.