Great opportunity for ongoing multiple-unit income stream. Beautiful park-like setting in sought after mid-town location has 18 well-maintained rental units of varying sizes to fit different needs of renters. Many long-term renters reside on the property. Apartments were completely remodeled in 2010 ceramic floors, electricity, air conditioning and plumbing, interior walls, roofing, insulation and new drywall.
EXCELLENT INVESTMENT OPPORTUNITY* WELL MAINTAINED* ZERO VACANCY* NEW PAINT, ALL NEW AIR CONDITIONING* NEW ROOF* MOST APARTMENTS HAVE NEW CERAMIC TILE & MUCH MORE! PLEASE DO NOT DISTURB TENANTS* CALL LISTING AGENT FOR INFORMATION.
Public Records
Mar 31, 2003
Sold
$570,000
ARMLS #1877520
Dec 26, 2002
Sold
$570,000
Nov 15, 2002
Listing Removed
—
Sep 4, 2002
Listed
$630,000
Public Records
Dec 6, 2000
Sold
$600,000
Public Records
Sep 21, 1999
Sold
$610,000
Public Records
Apr 15, 1999
Sold
$410,000
Public Records
May 2, 1997
Sold
$335,000
Public Records
Nov 12, 1996
Sold
$300,000
Public Records
Feb 28, 1992
Sold
$241,000
Public Records
Jan 27, 1992
Sold
$235,000
Public Records
Aug 7, 1987
Sold
$190,000
Public Records
Mar 1, 1982
Sold
$430,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,467 (+3.5%)
2024
$4,316 (+3.5%)
2023
$4,170 (+0.6%)
2022
$4,147 (−1.7%)
$38,330 + $153,340
$191,670
2021
$4,217 (+2.6%)
$29,660 + $118,640
$148,300
2020
$4,110 (+4.5%)
$25,650 + $102,620
$128,270
2019
$3,932 (+3.4%)
$19,510 + $78,060
$97,570
2018
$3,802 (+8.9%)
$19,510 + $78,060
$97,570
2017
$3,490 (+3.7%)
$14,320 + $57,300
$71,620
2016
$3,366 (+7.5%)
$9,850 + $39,430
$49,280
2015
$3,130 (−13.2%)
$8,210 + $32,860
$41,070
2014
$3,605 (+79.7%)
$7,770 + $31,090
$38,860
2013
$2,006 (−56.8%)
$2,770 + $11,090
$13,860
2012
$4,649 (−10.8%)
$6,750 + $27,000
$33,750
2011
$5,211 (−24.3%)
$8,260 + $33,050
$41,310
2010
$6,879 (+2.0%)
$12,870 + $51,500
$64,370
2009
$6,743
$15,530 + $62,130
$77,660
Tax history for 1525 W Indian School Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,467 (+3.5%)
2024
$4,316 (+3.5%)
2023
$4,170 (+0.6%)
2022
$4,147 (−1.7%)
$38,330 + $153,340
$191,670
2021
$4,217 (+2.6%)
$29,660 + $118,640
$148,300
2020
$4,110 (+4.5%)
$25,650 + $102,620
$128,270
2019
$3,932 (+3.4%)
$19,510 + $78,060
$97,570
2018
$3,802 (+8.9%)
$19,510 + $78,060
$97,570
2017
$3,490 (+3.7%)
$14,320 + $57,300
$71,620
2016
$3,366 (+7.5%)
$9,850 + $39,430
$49,280
2015
$3,130 (−13.2%)
$8,210 + $32,860
$41,070
2014
$3,605 (+79.7%)
$7,770 + $31,090
$38,860
2013
$2,006 (−56.8%)
$2,770 + $11,090
$13,860
2012
$4,649 (−10.8%)
$6,750 + $27,000
$33,750
2011
$5,211 (−24.3%)
$8,260 + $33,050
$41,310
2010
$6,879 (+2.0%)
$12,870 + $51,500
$64,370
2009
$6,743
$15,530 + $62,130
$77,660
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
1985
Sq. Ft.
6,710
Year built
1959
Style
Multi-Family (5+ Unit)
County
Maricopa County
APN
11008005D
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 2026.
R-5
Multifamily Residence-Restricted Commercial District
The purpose of the multi-family residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Educational / school
Fire house
Police station
Jul 15, 2020 • Final
Building permits
Electrical
Apr 24, 2020 • Final
Fire safety permits
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Total: 18
Open Parking Spaces: 18
Parking Features: 1 Space/Unit
Interior
Heating & Cooling
Has Heating
Cooling: Electric
Has Cooling
Heating: Individual, Heat Pump, Natural Gas
Interior Features
Appliances: Free-Standing Range, Refrigerator
Flooring: Carpet, Ceramic Tile
Unit Information
Unit Type Actual Rent: $500
Unit Type Baths Total: $1
Unit Type Description: 4 studio apt $500 EA
Unfurnished
Exterior
Exterior Features
Construction Materials: Stucco, Block
Roof: Rolled/Hot Mop
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: 16200
Building Information
Number Of Buildings: 3
Financial
Tax Information
Tax Annual Amount: $4,170
Tax Year: 2023
Location
School Information
High School District: Phoenix Union High School District
Elementary School District: Osborn Elementary District
Location Information
Directions: I-10 west to 7th Avenue, north to Thomas Rd, west to property.
Community Information
Community Features: No Pool
Utility Information
Electric: APS
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,710
Stories: 2.0
Lot Size: 0.37 acres
Style: Multi-Family (5+ Unit)
Year Built: 1959
Year Renovated: 1985
County: Maricopa County
APN: 11008005D
Home facts updated by county records on Sep 24, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
K - 12
Preschool & daycare
Clarendon School
Public PreK-8 • Assigned • 0.4mi
4/10
Central High School
Public 9-12 • Assigned • 1.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 112° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Phoenix, AZ • 85015
Average low and high temperatures (°F)
69
42
78
49
85
55
86
59
95
68
106
77
107
83
108
83
99
76
88
62
77
50
74
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.5 hours in
June and 7.8 hours in December, placing it above the
U.S. average for solar exposure.