1305 E MADISON Street, Phoenix, AZ 85034
$1,525,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,525,000
Last Modified:
4/17/2026
Description
Brand new construction. All units are 2 bedroom 2 bath/ High end finishes throughout. This is a perfect turnkey property that is the first in a growing area with gentrification happening. Upside investment. The property is near the light rail into downtown, Bank One Ballpark, Roosevelt Row, and light rail to the airport. IECC efficient appliances and A/C. Visit my YouTube channel at MorganShipleyAZ for videos.
More Information MLS# 6948798
Contract Info
Current Price: $1,525,000
List Price: $1,525,000
Status: Active
List Date: 2025-11-17
Ownership: Fee Simple
Location Tax Legal
House Number: 1305
Compass: E
Street Name: MADISON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85034
Zip4: 2320
County Code: Maricopa
Subdivision: COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
Assessor Number: 116-49-029
Tax Year: 2024
General Property Description
Lot Size Dimensions: 7000 sq feet
Year Built: 2025
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Garfield School
Jr. High School: Garfield School
High School: North High School
Remarks Misc
Cross Street: Madison and 13th St.
Directions: Take Jefferson to 13th St. Go south on 13th St. Turn Left on Madison Property is second lot on the right
Geo Lat: 33.445866
Geo Lon: -112.053888
Legal Info
Township: 1N
Range: 3E
Section: 9
Lot Number: 11
Income Expenses
Gross Annual Sch Inc: 88800
Net Operating Income: 82280
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1900
Avg SqFt: 941
# Baths: 2
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco; Stone
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Free
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection; Landscaping; See Remarks
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: Combo
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: Other (See Remarks)
Listing Office: Realty ONE Group
Last Updated: April - 17 - 2026
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