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.
Sold for $1,900,000 on 12/26/23
$1,900,000
2316 E Roosevelt St, Phoenix, AZ 85006
24beds
2baths
9,700sqft
Multi Family
Built in 1949
-- sqft lot
$2,282,200 Zestimate®
$196/sqft
$1,626 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 04, 2025 at 07:04pm
Listed by:
Daniel Schaffler 480-340-6246,
Compass
Bought with:
Mitchell Drake, SA675761000
ABI Multifamily
Source: ARMLS,MLS#: 6599818

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 2
Heating
- Individual
Cooling
- Ceiling Fan(s), Evaporative Cooling, Wall/Window Unit(s), Individual
Appliances
- Included: Free-Standing Range, Other, Refrigerator
Features
- Flooring: Vinyl
Interior area
- Total structure area: 9,700
- Total interior livable area: 9,700 sqft
Property
Parking
- Total spaces: 32
- Parking features: <1 Space Per Unit
- Uncovered spaces: 32
Lot
- Size: 1.06 Acres
- Dimensions: 297 x 155
Details
- Parcel number: 11604114C
- Zoning: R-5 & C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Block
- Roof: Composition
Condition
- Year built: 1949
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Master Meter, City Franchise
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: The Franklin
Other
Other facts
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$2,282,200
2% more+$45,644
With Zillow Showcase(estimated)$2,327,844