2019 Turney Ave, Unit 2025 Phoenix, AZ 85016-5538
Property Lookup
Property profile & analytics
2019 Turney Ave, Unit 2025 Phoenix, AZ 85016-5538
- Apartment buildings
- 0.00 lot acres
Property ID
US07-0148090
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 2019 Turney Ave
- Lot size
- 0.00 lot acres
- Property type
- Apartment buildings
- APN
- 163-31-043C
- APU
- 16331043C
Description
This Phoenix, Arizona multifamily investment property presents a compelling value-add opportunity. The 4-unit apartment building, constructed in 1957 and extensively renovated between 2021 and 2022, boasts 2,346 square feet of net rentable space situated on a 12,364 square foot lot. Currently operating at 100% occupancy, the property offers a pro-forma NOI of $43,503 and a pro-forma cap rate of 5.88%. Each of the four units features a private patio, a highly desirable amenity. The property includes six parking spaces and benefits from solar-powered carports and rooftop solar hot water systems, contributing to lower utility costs for tenants. The R-3 zoning permits a variety of uses. The asking price is $740,000, translating to $185,000 per unit and $315.43 per square foot. Further income potential exists through the implementation of a RUBS (renters utility billing system). This fee-simple ownership offers a strong return on investment in a desirable Phoenix neighborhood. The property's address is 2019 W Turney Ave, Phoenix, AZ 85015, and the APN is 154-30-004-C. This is a rare opportunity to acquire a well-maintained, updated multifamily property with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,245,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.038
- Latitude
- 33.4999
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43
$0.00
$0.00
$900
-
$6,000
$0.00
$6,000
