Properties

Phoenix, AZ 85009 2045 W WASHINGTON Street

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Presented By: Fathom Realty Elite; 480-681-1233
  • MLS# 7008464
  • 04/03/2026
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Home Details

Great opportunity in a central Phoenix location! This property is fully rented out and offers strong potential for investors or buyers looking to add value. Situated on a generously sized lot with easy access to downtown, freeways, and employment hubs. With the right vision, this property can be transformed into a solid income-producing asset or primary residence. Perfect for Section 8. There can be a 4th unit which is a studio but currently down to the studs. Phoenix allows ADU's for a great added value. Priced to sell--don't miss this opportunity! See Private Remarks.
Presented By: Fathom Realty Elite; 480-681-1233

Interior Features for 2045 W WASHINGTON Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes

General for 2045 W WASHINGTON Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.0
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco, Block
CoolingCentral Air, Electric
CountyMaricopa
DirectionsFrom the i17 head east on Jefferson. Turn left on 21st and the property is on the right.
DisclosuresSeller Prop Disc Stm
ElectricAPS
Electric Expense0.0
Elementary SchoolMary Mcleod Bethune School
Elementary School DistrictPhoenix Elementary District
Garage Y/NNo
Gross Income47880.0
HeatingCentral, Electric
High SchoolCentral High School
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolMary Mcleod Bethune School
MobileHomeRemainsYNNo
Net Operating Income42000.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total3
Occupancy TypeTenant
Open Parking Spaces0.0
Operating Expense6677.48
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofBuilt-Up
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCAPITOL ADDITION
Tax Annual Amount1577.48
Tax Lot12
Tax Year2025
Township1N
Water Sewer Expense3600.0
Year Built1948
ZoningMultiple

Exterior for 2045 W WASHINGTON Street

Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50 x 140, Corner lot
Number of Buildings1
Parking FeaturesOn Street
Road Surface TypeAsphalt
SpaNo
Total Parking0.0
Water SourceMaster Meter, City Franchise

Additional Details

Price History

Schools

High School Central High School
Middle School Mary Mcleod Bethune School Middle School
Elementary School Mary Mcleod Bethune School Elementary School

Connect Realty

Price $599,900
MLS#7008464
List Date 04/03/2026
Property Type Multi-Family
Phone 888.795.6274
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