Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. 313 W Jones Ave - 20 units ($1,500,000)-(9) 2 bed / 1 bath & (11) 1 bed / 1 bath. 4012 S 3rd Ave (MLS: 6830702) - 2-unit duplex ($159,900) 4014 S 3rd Ave (Coming soon) - 2 additional units If acquired together, these properties offer a total of 24 multifamily units. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!
Foreclosure
Price cut: $151K (7/23)
Est. $1,299,000
313 W Jones Ave, Phoenix, AZ 85041
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Multi Family
Built in 1944
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$-- Zestimate®
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$-- HOA
Overview
- 150 days
- on Zillow |
- 158 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 05:32pm
Listed by:
Joseph P Mahoney 480-433-5792,
JM Realty
Source: ARMLS,MLS#: 6838625

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Included: See Remarks
Features
- Flooring: Other
Video & virtual tour
Property
Parking
- Total spaces: 30
- Parking features: Other
- Uncovered spaces: 30
Lot
- Size: 0.66 Acres
- Dimensions: 120 x 240
Details
- Parcel number: 11304018
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Other
Condition
- Year built: 1944
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: SOUTHGATE PARK
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $1,131,000
- Annual tax amount: $2,233
- Date on market: 3/20/2025
- Listing terms: Other (See Remarks)
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Dirt, Asphalt
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