Properties
Phoenix, AZ 85003 314 W ROOSEVELT Street
$2,875,000
20 more
Presented By: ABI Multifamily; 602-714-1400
Home Details
314 West Roosevelt Street is a 12-unit apartment community on a rare half-acre double lot that offers expansion potential under DTC-S-ROO zoning. Situated in the heart of Roosevelt Row and located within Phoenix's first-ever historic district, this is one of the earliest apartment buildings in Phoenix. Built in 1913 and fully modernized in the mid-1990s (all new; plumbing/sewer, electrical, roof trusses & structural improvements) full blueprints are available. The property features (12) 1-Bed / 1-Bath units (~650 SF Avg), on-site laundry, ample parking, and a community terrace. Residents are sure to appreciate being in Downtown Phoenix's premier arts, dining, and culture corridor. The property provides immediate access to the light-rail & I-10. Drive By Only, Do Not Disturb Tenants!
Presented By: ABI Multifamily; 602-714-1400
Interior Features for 314 W ROOSEVELT Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringWood
Heating Y/NYes
General for 314 W ROOSEVELT Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.14
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Stucco, Block, Brick
CoolingCentral Air, Individual
CountyMaricopa
DisclosuresOther (See Remarks)
ElectricAPS
Elementary School DistrictPhoenix Elementary District
Garage Y/NNo
Gross Income205183.2
HeatingIndividual, Central, Heat Pump
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income147893.0
New ConstructionNo
Number Of Units Total12
Open Parking Spaces20.0
Operating Expense8456.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameKENILWORTH BLKS 7-14
Tax Annual Amount8456.0
Tax Lot7 2
Tax Year2025
Township1N
Year Built1924
ZoningDTC-S-ROO
Exterior for 314 W ROOSEVELT Street
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions149ft x 146ft
Number of Buildings1
Parking FeaturesPaved, Add'l Parking Avail, >1 Space Per Unit, On Street
Road Surface TypeConcrete, Asphalt
SpaNo
Total Parking20.0
Water SourceCity Franchise
Additional Details
Price History
