Ground-Floor Residential
For Sale
$164,900
3434 E BASELINE Road 141, Phoenix, AZ 85042
Updated interior, covered patio, and community recreation amenities add practical appeal to this one-bedroom home.
Property Size624 SF
Price / SF$264.26
Days on Market84
Property Features for 3434 E BASELINE Road 141
General Information
Standard status
Active
Size
624 SF
Property subtype
Apartment
Site & Location
Neighborhood
South Mountain
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Furnished
No
Taxes and HOA fees
Annual Taxes
$794
Amenities
sparkling heated pool
fitness facility
gated community
Building Details
Building Size
624 SF
Year Built
1999
Listing Agency:
Canam Realty Group
Listed By:
Rick Metcalfe
(480) 759-2242
Source:
Inspiredrealestatelife
Added: Aug 7
Changed: Oct 26
Last Checked: Oct 26 at 3:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Canam Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 624-square-foot, ground-floor condo in Phoenix has one bedroom and one bathroom. Interior improvements include fresh paint, new countertops, a water heater, stove, and dishwasher. The kitchen also offers stainless steel appliances and cabinetry, while the bedroom includes a vanity area. A shower-and-tub combination, ceiling fans, covered private patio, and storage closet round out the unit. Built in 1999, the condo is in a gated community with a heated pool and fitness facility, with mountain views noted on site.
Restaurants, shopping, parks, hiking and biking trails, and Raven Golf Club are among the nearby destinations. Sky Harbor International Airport is a short drive away. Furniture may be purchased separately.
Restaurants, shopping, parks, hiking and biking trails, and Raven Golf Club are among the nearby destinations. Sky Harbor International Airport is a short drive away. Furniture may be purchased separately.
Key Highlights
- 624‑square‑foot, one‑bedroom, one‑bathroom ground‑floor condo
- Recent improvements include countertops, water heater, stove, and dishwasher
- Private covered patio and storage closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,278
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,560
$145.6K
Cap Rate 7%
$103,971
$104.0K
Cap Rate 9%
$80,867
$80.9K
Market Conditions
NOI Build-Up for 624 SF
Gross rent
$14.1K $22.56/SF
− Vacancy
−$845 −$1.35/SF
EGI
$13.2K $21.21/SF
− OpEx
−$6.0K −$9.54/SF
NOI
$7.3K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,560
Cap Rate 7%
$103,971
Cap Rate 9%
$80,867
Alternative Uses
Best Use
Apartment 5plus
$104.0K
$91.0K – $121.3K
NOI $7,278 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$189.0K
$165.4K – $220.5K
NOI $13,231 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 85042, AZ
45,433
Population
16,139
Households
2.8
Avg Household Size
35
Median Age
32%
College-Educated
82%
High-School Grad
19.4 sq mi
ZIP Area
2,342
Density / Sq Mi
$86,837
Median Household Income
$46,897
Median Earnings
$1,495
Median Rent
$353,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Updated interior, covered patio, and community recreation amenities add practical appeal to this one-bedroom home.
Where is this residential income property located?
The property is located at 3434 E BASELINE Road 141 Phoenix, AZ.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 624‑square‑foot, one‑bedroom, one‑bathroom ground‑floor condo; Recent improvements include countertops, water heater, stove, and dishwasher; Private covered patio and storage closet
