OFF MARKET

Off market dec 2012 for $475K

$2,160,995

Est. refi paymentEst. refi $2,384/mo

•

2 ba

•

—

sq ft

240 E Ruth Ave, Phoenix, AZ 85020

About this home

Angel Apartments is a two-story, 14-unit apartment complex located in North Central Phoenix just east of Central Avenue.this apartment building offers concrete construction, individual electric metering, pitched roofs and concrete stairs and walkways.All have been updated but 3 units. 4 1 bedrooms rented at $425, 52 bedrooms rented at $450, and 1 2 bedroom rented at $525, 4 2 bedroom units are vacant! Email for Pro forma

Multi-familyProperty Type

1983Year Built

19 spacesParking

Listed by Tanya Marchiol • Team Investments

Bought with Tanya Marchiol • Team Investments

Redfin checked: 4 minutes ago

•Source:ARMLS #4804408

Redfin Estimate

$2,160,995

$1.7M since sold in December 2012$41K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 165.7% higher than the average sale price ($813K) of 6 comparable homes.

SOLD SEP 8, 2026
$680,000
A
3 beds2 baths1,825 sq ft
116 W Las Palmaritas Dr, Phoenix, AZ 85021
SOLD SEP 8, 2026
$890,000
B
4 beds2 baths2,774 sq ft
8219 N 3rd Ave, Phoenix, AZ 85021
SOLD MAY 7, 2026
$763,000
C
3 beds2 baths2,195 sq ft
110 W Las Palmaritas Dr, Phoenix, AZ 85021
SOLD MAY 1, 2026
$817,000
D
3 beds2 baths2,178 sq ft
221 W Butler Dr, Phoenix, AZ 85021
SOLD JUN 9, 2026
$915,000
E
4 beds2 baths2,489 sq ft
102 W Echo Ln, Phoenix, AZ 85021
SOLD OCT 30, 2026
$815,000
F
3 beds2 baths1,744 sq ft
140 W Harmont Dr, Phoenix, AZ 85021

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 85020, AZ

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.8%

+0.9% MoM

Median sale price

$385K

$4K MoM

Avg. days on market

65d

0 days MoM

Recently sold homes

113

18 MoM

New listings for sale

OPEN TODAY, 12PM TO 3PM
$500,000
3 beds2 baths1,660 sq ft
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$450,000
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934 E Becker Ln, Phoenix, AZ 85020
OPEN TODAY, 11:30AM TO 2:30PM
$1,000,000
3 beds2 baths1,887 sq ft
7822 N 8th St, Phoenix, AZ 85020
$299,999
2 beds2 baths1,013 sq ft
750 E Northern Ave #2048, Phoenix, AZ 85020
3D WALKTHROUGH
$415,000
3 beds1 bath1,027 sq ft
1523 E Sunnyslope Ln, Phoenix, AZ 85020
$335,000
2 beds1.5 baths1,060 sq ft
10413 N 10th Pl #3, Phoenix, AZ 85020
OPEN NOV 9, 3PM TO 6PM
$470,000
3 beds2 baths1,608 sq ft
10449 N 9th St, Phoenix, AZ 85020
$2,195,000
6 beds4 baths3,832 sq ft
7319 N 6th Pl, Phoenix, AZ 85020
3D WALKTHROUGH
$350,000
2 beds2.5 baths1,440 sq ft
10228 N 12th Pl #1, Phoenix, AZ 85020
$365,000
3 beds2 baths1,220 sq ft
750 E Northern Ave #1077, Phoenix, AZ 85020
See all

Provided by Redfin

Sale history for 240 E Ruth Ave

Date

Event

Price

ARMLS #5191809

Jan 31, 2015

Listing Removed

—

Oct 28, 2014

Listed

$669,888

ARMLS #5073494

Sep 2, 2014

Listing Removed

—

Feb 21, 2014

Price Changed

$669,888

Feb 21, 2014

Listed

$699,888

Public Records

Jan 11, 2013

Sold

$425,000

ARMLS #4804408

Dec 31, 2012

Sold

$475,000

Dec 10, 2012

Contingent

—

Aug 15, 2012

Listed

$475,000

Public Records

Dec 13, 2011

Sold

$400,000

Public Records

Dec 2, 2011

Sold

$320,000

ARMLS #4642289

Dec 2, 2011

Sold

$315,000

Oct 26, 2011

Relisted

—

Oct 10, 2011

Pending

—

Sep 6, 2011

Listed

$359,000

ARMLS #2788655

Dec 31, 2007

Listing Removed

—

Jun 19, 2007

Listed

$875,000

Public Records

Jan 13, 1998

Sold

$336,000

Public Records

Aug 9, 1983

Sold

$350,000

Public Records

Dec 1, 1982

Sold

$52,500

Year

Property tax

Land + Additions

Assessment*

2025

$4,797 (+3.9%)

2024

$4,617 (+1.9%)

2023

$4,533 (+3.4%)

2022

$4,386 (−1.3%)

$21,310 + $85,260

$106,570

2021

$4,442 (+2.6%)

$21,230 + $84,950

$106,180

2020

$4,331 (+1.9%)

$14,800 + $59,220

$74,020

2019

$4,252 (+2.7%)

$12,600 + $50,400

$63,000

2018

$4,141 (+0.5%)

$12,600 + $50,400

$63,000

2017

$4,120 (+1.9%)

$10,760 + $43,050

$53,810

2016

$4,044 (+8.0%)

$8,740 + $34,960

$43,700

2015

$3,746 (−5.5%)

$8,360 + $33,470

$41,830

2014

$3,963 (+24.3%)

$5,940 + $23,790

$29,730

2013

$3,188 (−25.9%)

$3,900 + $15,620

$19,520

2012

$4,304 (−14.9%)

$6,030 + $24,120

$30,150

2011

$5,056 (−24.5%)

$7,560 + $30,240

$37,800

2010

$6,699 (+8.7%)

$13,300 + $53,230

$66,530

2009

$6,164

$7,560 + $30,240

$37,800

Tax history for 240 E Ruth Ave

Year

Property tax

Land + Additions

Assessment*

2025

$4,797 (+3.9%)

2024

$4,617 (+1.9%)

2023

$4,533 (+3.4%)

2022

$4,386 (−1.3%)

$21,310 + $85,260

$106,570

2021

$4,442 (+2.6%)

$21,230 + $84,950

$106,180

2020

$4,331 (+1.9%)

$14,800 + $59,220

$74,020

2019

$4,252 (+2.7%)

$12,600 + $50,400

$63,000

2018

$4,141 (+0.5%)

$12,600 + $50,400

$63,000

2017

$4,120 (+1.9%)

$10,760 + $43,050

$53,810

2016

$4,044 (+8.0%)

$8,740 + $34,960

$43,700

2015

$3,746 (−5.5%)

$8,360 + $33,470

$41,830

2014

$3,963 (+24.3%)

$5,940 + $23,790

$29,730

2013

$3,188 (−25.9%)

$3,900 + $15,620

$19,520

2012

$4,304 (−14.9%)

$6,030 + $24,120

$30,150

2011

$5,056 (−24.5%)

$7,560 + $30,240

$37,800

2010

$6,699 (+8.7%)

$13,300 + $53,230

$66,530

2009

$6,164

$7,560 + $30,240

$37,800

*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

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.34 Acres

Year renovated

1983

Sq. Ft.

8,010

Year built

1983

Style

Multi-Family (5+ Unit)

County

Maricopa County

APN

16051054

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 25, 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

Property details

Parking

Parking Information
Parking Total: 19
Open Parking Spaces: 19
Parking Features: >1 Space Per Unit

Interior

Heating & Cooling
Has Heating
Cooling: Central Air
Has Cooling
Heating: Electric

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 Beds Total: 1

Exterior

Exterior Features
Construction Materials: Painted, Stucco, Block
Roof: Composition

Property Information
Ownership: Fee Simple

Lot Information
Lot Size Dimensions: irregular

Building Information
Number Of Buildings: 1

Financial

Tax Information
Tax Annual Amount: $5,055
Tax Year: 2011

Location

School Information
High School District: Glendale Union High School District
Elementary School District: Washington Elementary District

Location Information
Directions: South on Central from Dunlap to Ruth Avenue. Go East to property.

Community Information
Community Features: No Pool

Utility Information
Electric: APS
Sewer: Public Sewer

Public facts

Beds: —
Baths: —
Sq. Ft.: 8,010
Stories: 2.0
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: 1983
Year Renovated: 1983
County: Maricopa County
APN: 16051054

Home facts updated by county records on Sep 25, 2026

Other

Listing Information
Water Source: City Franchise

Around this home

Schools

K - 12
Preschool & daycare

Desert View Elementary School

Public PreK-6 • Assigned • 0.1mi

7/10

Royal Palm Middle School

Public 5-8 • Assigned • 1.7mi

7/10

Sunnyslope High School

Public 9-12 • Assigned • 0.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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, 4 days in 30 years

Provided by First Street

Historical weather

Phoenix, AZ • 85020

Average low and high temperatures (°F)

104

106

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 7.7 hours in December, placing it above the U.S. average for solar exposure.

13.5 hrs

7.7 hrs

JuneDecember

Provided by Shadowmap

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Home values near 240 E Ruth Ave

Data from public records.

Address	Redfin Estimate
214 East Ruth Ave Apartment 105, Phoenix, AZ - Beds \| 2 Baths \| 952 Sq. Ft.	$192,996
234 East Ruth Ave Apartment 4, Phoenix, AZ 2 Beds \| 1 Baths \| 684 Sq. Ft.	$174,956
234 East Ruth Ave Apartment 1, Phoenix, AZ - Beds \| 1 Baths \| 700 Sq. Ft.	$118,572
234 East Ruth Ave Apartment 5, Phoenix, AZ 2 Beds \| 1 Baths \| 700 Sq. Ft.	$161,382
214 East Ruth Ave Apartment 304, Phoenix, AZ - Beds \| 2 Baths \| 952 Sq. Ft.	$204,976
214 East Ruth Ave Apartment 205, Phoenix, AZ 2 Beds \| 2 Baths \| 952 Sq. Ft.	$223,265
214 East Ruth Ave Apartment 305, Phoenix, AZ 2 Beds \| 1 Baths \| 952 Sq. Ft.	$143,253

Address	Redfin Estimate
214 East Ruth Ave Apartment 203, Phoenix, AZ 2 Beds \| 2 Baths \| 952 Sq. Ft.	$223,884
234 East Ruth Ave Apartment 2, Phoenix, AZ 2 Beds \| 1 Baths \| 684 Sq. Ft.	$151,163
234 East Ruth Ave Apartment 6, Phoenix, AZ 2 Beds \| 1 Baths \| 700 Sq. Ft.	$230,442
234 East Ruth Ave Apartment 9, Phoenix, AZ 2 Beds \| 1 Baths \| 684 Sq. Ft.	$112,298
234 East Ruth Ave Apartment 8, Phoenix, AZ 2 Beds \| 1 Baths \| 684 Sq. Ft.	$152,674
214 East Ruth Ave Apartment 303, Phoenix, AZ 2 Beds \| 2 Baths \| 952 Sq. Ft.	$207,909
245 East Ruth Ave, Phoenix, AZ 3 Beds \| 2.5 Baths \| 1389 Sq. Ft.	$376,536

Address	Redfin Estimate
234 East Ruth Ave Apartment 10, Phoenix, AZ 2 Beds \| 1 Baths \| 700 Sq. Ft.	$172,050
214 East Ruth Ave Apartment 103, Phoenix, AZ 2 Beds \| 2 Baths \| 952 Sq. Ft.	$198,255
234 East Ruth Ave Apartment 3, Phoenix, AZ 2 Beds \| 1 Baths \| 684 Sq. Ft.	$164,901
234 East Ruth Ave Apartment 7, Phoenix, AZ 2 Beds \| 1 Baths \| 684 Sq. Ft.	$162,703
214 East Ruth Ave Apartment 104, Phoenix, AZ 2 Beds \| 2 Baths \| 952 Sq. Ft.	$197,329
214 East Ruth Ave Apartment 204, Phoenix, AZ - Beds \| 2 Baths \| 952 Sq. Ft.	$184,507
234 East Ruth Ave, Phoenix, AZ 2 Beds \| 1 Baths \| 750 Sq. Ft.	$156,849

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About this home

Redfin Estimate

Earn from this home

Market trends in 85020, AZ

Sale history for 240 E Ruth Ave

Tax history for 240 E Ruth Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 85020

Home values near 240 E Ruth Ave

More real estate resources