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Foreclosure
  • Price cut: $151K (7/23)
    Est. $1,299,000

    313 W Jones Ave, Phoenix, AZ 85041

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    Overview

    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!
    150 days
    on Zillow
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    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#: 6838625MLS Logo

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 313 W Jones Ave.

    Next available tour time:Today at 12:30pm

    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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