This is an excellent opportunity to own a solid performer with great cash flow and a 7% Cap rate. Always stays fully occupied. 2 separate houses on a large lot. The front house has 4 bedrooms, 2 bathrooms, 1300 square feet. The back house is a 2 bedroom, 1 bath, 700 square feet. Fully tiled interiors, newer stucco exterior, recently remodeled bathrooms and interior and exterior paint. Separate electrical meters and 1 master water meter. The owner pays water and the tenants reimburse. Large lot and yard with ample parking in the front and access with an RV gate from the back of the lot. DRIVE BY ONLY. DO NOT DISTURB TENANTS.
Sold for $390,000 on 09/23/25
$390,000
753 W Riverside St, Phoenix, AZ 85041
6beds
3baths
2,000sqft
Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$195/sqft
$2,535 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,535/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 23, 2025 at 03:50pm
Listed by:
Daniel Hollowell 602-348-6420,
Trade Realty LLC,
Doreen Hollowell 602-369-8072,
Trade Realty LLC
Bought with:
Karla Rosales, SA685020000
A.Z. & Associates
Source: ARMLS,MLS#: 6764981
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Free-Standing Range
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 3
- Parking features: Add'l Parking Avail, Carport
- Has carport: Yes
- Covered spaces: 1
- Uncovered spaces: 2
Details
- Parcel number: 10556067
- Zoning: MULTI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Adobe, Slump Block
- Roof: Composition
Condition
- Year built: 1941
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: RIVERVIEW
Other
Other facts
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2025 | Sold | $390,000-1.7%$195/sqft |
Source:  ARMLS #6764981 | ||
| 9/12/2025 | Pending sale | $396,900$198/sqft |
Source: ARMLS #6764981 | ||
| 8/7/2025 | Price change | $396,900-5.5%$198/sqft |
Source: ARMLS #6764981 | ||
| 6/30/2025 | Price change | $420,000-1.2%$210/sqft |
Source: ARMLS #6764981 | ||
| 6/17/2025 | Price change | $425,000-10.1%$213/sqft |
Source: ARMLS #6764981 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $451 +2.6% | $21,450 +3.6% |
| 2024 | $439 +2.9% | $20,710 +663.9% |
| 2023 | $427 +2% | $2,711 -73.2% |
Find assessor info on the county website
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- 8/10Cesar E Chavez Community SchoolGrades: PK-8Distance: 1 mi
- 2/10Cesar Chavez High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Cesar E Chavez Community School
- Middle: Cesar E Chavez Community School
- High: South Mountain High School
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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