A true must see in the heart of Phoenix!! This new build multifamily compound is a new custom build with a modern touch. The modern neutral colors inside and out make these units extremely desirable. The open and well designed floor-plans of all units make this multi family compound a one of a kind property. The property has 2-2 bedroom and 1 bath units and 2-1 bedroom and 1 bath units for a total of 4 units. Market rent is $7,282 per month. This investment opportunity is one you DO NOT want to miss!
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 51st percentile of that active group. The comparison uses 698 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $465,000, and the median is $225 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1224 E GLASS Lane, Phoenix, AZ 85042 | Aug 13, 2026 | 5 bd · 1,968 sqft | $455,000 | 0.2 mi |
| 7028 S 12th Place, Phoenix, AZ 85042 | Jul 1, 2026 | 5 bd · 2,904 sqft | $539,900 | 0.2 mi |
| 1232 E IRWIN Avenue, Phoenix, AZ 85042 | Sep 25, 2026 | 4 bd · 1,924 sqft | $497,500 | 0.3 mi |
| 7206 S 12TH Way, Phoenix, AZ 85042 | Jul 2, 2026 | 4 bd · 1,776 sqft | $415,000 | 0.3 mi |
| 1331 E APOLLO Road, Phoenix, AZ 85042 | Aug 28, 2026 | 4 bd · 1,392 sqft | $305,000 | 0.3 mi |
| 1329 E IRWIN Avenue, Phoenix, AZ 85042 | May 6, 2026 | 4 bd · 1,946 sqft | $475,000 | 0.3 mi |
| 913 E FREMONT Road 1, Phoenix, AZ 85042 | Apr 17, 2026 | 4 bd · 2,761 sqft | $549,900 | 0.4 mi |
| 718 E CARTER Road E, Phoenix, AZ 85042 | Jun 5, 2026 | 3 bd · 1,364 sqft | $222,000 | 0.4 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
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