Triplex With On-Site
For Sale
$375,000
Pending
347 N 16TH Avenue, Phoenix, AZ 85007
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Days on Market181
Property Features for 347 N 16TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1
Appliances
Refrigerator, Free-Standing Gas Oven, W/D Hookup
Subdivision
CAPITOLA PLACE
Elementary school
Capitol Elementary School
Middle school
Capitol Elementary School
High school
Metro Tech High School
Elementary school district
Phoenix Elementary District
Middle school district
Phoenix Union High School District
High school district
Phoenix Union High School District
Directions
East on Van Buren from 19th Ave. North on 16th Ave.
Standard status
Pending
APN
111-26-028
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 30 CAPITOLA PLACE MCR
Tax Annual Amount
1329
Legal Description
LOT 30 CAPITOLA PLACE MCR
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating), Central
Cooling system
Electric, Central Air, Heat Pump
Amenities
on-site laundry
Building Details
Year built
1951
Number of units
3
Flooring type
Laminate, Tile
Building materials
Wood Frame, Painted, Stucco
Roof type
Composition
Listing Agency:
McMath Realty LLC
(602) 340-1222
Listed By:
Tyler Nick · License #SA650467000
(480) 299-4132
Added: Mar 3
Changed: Aug 25
Last Checked: Aug 31 at 10:06AM
MLS# 6992517
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This R-5-zoned triplex comprises two 2-bedroom, 1-bath units and one renovated 1-bedroom, 1-bath unit across 2 buildings. On-site laundry and washer/dryer hookups support day-to-day resident convenience. Interior finishes include laminate and tile flooring, while the buildings use wood-frame and stucco construction with composition roofing.
Built in 1951, the property has central electric heating and cooling supplemented by heat-pump systems. Appliances include refrigerators and free-standing gas ovens, and the property is connected to public sewer. Positioned on a corner lot near downtown Phoenix, the asset is located at 347 N 16TH Avenue in the 85007 postal area.
Built in 1951, the property has central electric heating and cooling supplemented by heat-pump systems. Appliances include refrigerators and free-standing gas ovens, and the property is connected to public sewer. Positioned on a corner lot near downtown Phoenix, the asset is located at 347 N 16TH Avenue in the 85007 postal area.
Key Highlights
- Triplex with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- One 1‑bedroom, 1‑bath unit has been renovated
- 2 buildings positioned on a corner lot
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,595
Businesses Nearby
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - R-5-zoned multifamily property with two buildings on a corner lot near downtown Phoenix.
Where is this triplex located?
The property is located at 347 N 16TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Triplex with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; One 1‑bedroom, 1‑bath unit has been renovated; 2 buildings positioned on a corner lot
