Properties

Phoenix, AZ 85020 316 E VOGEL Avenue

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Presented By: Gerchick Real Estate; 602-688-9279
  • MLS# 6935184
  • 10/17/2025
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Home Details

Fully upgraded triplex in Central Phoenix! Two 3BR units + studio, new appliances, paint, flooring & landscaping. BBQ area & rentable storage add income. Turnkey with $24K in recent updates! Welcome to 316 E Vogel, a meticulously maintained triplex offering an incredible investment opportunity with its blend of modern amenities and classic charm. This unique property consists of two spacious three-bedroom units and a cozy studio, all designed to cater to a variety of living needs. With recent upgrades, a beautiful common BBQ area, and potential for additional income from rentable storage space, this property is a standout choice for investors. Property Highlights: Two-Story House: Appliances: Enjoy the convenience of a brand new Kitchen Aid dishwasher, GE microwave, stove, and refrigerator, all replaced in mid-July 2024. Please note that no warranties are provided. Laundry: Equipped with a gas washer and dryer for added convenience. Recent Upgrades: Interior repainted, enhancing the home's fresh appeal ($2,000). Stair carpet and baseboards have been updated with stylish laminate flooring ($1,800). New blinds installed throughout for added privacy and style ($500). Exterior freshly painted to boost curb appeal ($1,800). Modern appliances replaced ($1,200). One-Story House: Appliances: Features the same high-quality Kitchen Aid and GE appliances, updated in mid-July 2024, with no warranties. Laundry: Includes a gas washer and dryer. Recent Upgrades: Newly repainted interior ($1,800). Updated blinds throughout ($800). Exterior painting completed to ensure a welcoming exterior ($1,800). Appliances replaced for tenant comfort ($1,200). Casita: Appliances: Outfitted with a new Kitchen Aid dishwasher, GE gas stove, microwave, and refrigerator, all installed in mid-July 2024, with no warranties. Recent Upgrades: Interior repainted to refresh the space ($1,200). New blinds throughout for an elegant touch ($200). All flooring and baseboards replaced for a modern look ($4,200). Cabinets repaired and repainted for a like-new appearance ($800). Appliances replaced to ensure reliability and functionality ($1,200). On-Site Features: Storage Options: Two large grey storage sheds behind the Casita and one large permanent shed, offering the opportunity to rent for additional income. All contents will be cleared before closing. Beautiful Common BBQ Area: Perfect for entertaining and enjoying Arizona's sunny weather. Site Improvements: Brick and walkway repairs completed for safety and aesthetics ($1,000). Landscaping and trimming enhance the property's natural beauty ($2,500). Financial Summary: Total Capital Expenditures (Last 3 Months): $24,000 Two-Story House: $7,300 One-Story House: $5,600 Casita: $7,600 On-Site Improvements: $3,500 316 E Vogel offers a unique combination of comfort, convenience, and income potential, making it an excellent choice for investors seeking a property with minimal upkeep and maximum returns. With its strategic location and recent enhancements, this triplex is ready to deliver a great living experience for tenants and a profitable investment for its new owner. Don't miss this opportunity to own a versatile property in a thriving community! Buyer to verify all facts and figures.
Presented By: Gerchick Real Estate; 602-688-9279

Interior Features for 316 E VOGEL Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringOther, Ceramic Tile
Heating Y/NYes

General for 316 E VOGEL Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.94
Carport Y/NNo
CityPhoenix
Community FeaturesBarbecue, No Pool
Construction MaterialsWood Frame, Siding, Painted, Brick
CoolingCeiling Fan(s), Heat Pump, Individual
CountyMaricopa
DirectionsFrom E Mountain View Rd Turn left onto N 7th St Turn right onto E Vogel Property is on the North side of the Street. Drive by only
DisclosuresSeller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
ElectricAPS, Individual Meter
Electric Expense0.0
Fuel Expense0.0
Garage Y/NNo
Gross Income66639.0
HeatingIndividual, Heat Pump
High School DistrictGlendale Union High School District
Insurance Expense3285.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense750.0
MobileHomeRemainsYNNo
Net Operating Income48191.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total3
Open Parking Spaces7.0
Operating Expense18529.0
OwnerPaysGas, Trash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTENGEN PLACE ADDITION
Tax Annual Amount6958.0
Tax Lot4
Tax Year2025
Township3N
Virtual TourClick here
Water Sewer Expense3600.0
Year Built1939
Zoning[R-3] Multiple

Exterior for 316 E VOGEL Avenue

Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensionsirr
Number of Buildings3
Parking FeaturesPaved, Free, Add'l Parking Avail, >1 Space Per Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking7.0
Water SourceIndividual Meter, City Franchise

Additional Details

Price History

Connect Realty

Price $875,000
MLS#6935184
List Date 10/17/2025
Property Type Multi-Family
Phone 888.795.6274
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