OFF MARKET

Off market aug 2016 for $310K

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•

2 ba

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sq ft

3208 W Indian School Rd, Phoenix, AZ 85017

About this home

6 units and a 1900 SF retail building on three parcels. in place 10% CAP with current cash flow at list price. Easy value-add play with rent bumps to derive 11.8% CAP rate for the 6 (1X1) residential units which are block constructed with pitched roofs. The 1900 SF commercial building, currently leased to a Tavern for $2,000/month, is situated on a parcel zoned C-2 making a variety of uses along busy Indian School road possible. Assuming the value of the 1900 SF commercial building to be at $85.00/SF, this puts the apartments at $30,000 per unit. In place cash flow with significant upside play for additional rent growth.

Multi-familyProperty Type

1977Year Built

30 spacesParking

Listed by Scott Trevey • Kasten Long Commercial Group

Bought with Chris Norton • Kasten Long Commercial Group

Redfin checked: 4 minutes ago

•Source:ARMLS #5443704

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 85017, AZ

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.2%

+0.4% MoM

Median sale price

$330K

$6K MoM

Avg. days on market

63d

6 days MoM

Recently sold homes

2 MoM

New listings for sale

$270,000
3 beds2.5 baths1,296 sq ft
4637 N 26th Ln, Phoenix, AZ 85017
3D WALKTHROUGH
$160,000
2 beds1.5 baths968 sq ft
6639 N 27th Ave, Phoenix, AZ 85017
$325,000
3 beds2 baths1,219 sq ft
4146 N 33rd Dr, Phoenix, AZ 85017
$440,000
5 beds3 baths2,756 sq ft
4644 N 30th Ave, Phoenix, AZ 85017
$300,000
3 beds1 bath1,232 sq ft
2910 W Hazelwood St, Phoenix, AZ 85017
$359,000
3 beds2 baths1,659 sq ft
2936 W Highland Ave, Phoenix, AZ 85017
$329,000
3 beds2 baths959 sq ft
6823 N 25th Dr, Phoenix, AZ 85017
See all

Provided by Redfin

Sale history for 3208 W Indian School Rd

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

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Style

Multi-Family (5+ Unit)

County

Maricopa County

APN

—

Parking Spaces

—

Basement

—

Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Apr 9, 2023.

C-2

Commercial Intermediate District

The C-2, Commercial Intermediate District, is a district of commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district.

Permitted uses

Include but are not limited to:

Gas station
General retail
Restaurant
Housing-Group
Housing-Senior
Manufacturing
Hotel / motel
Office
Research & development
Public service

Property details

Parking

Parking Information
Parking Total: 30
Open Parking Spaces: 30
Parking Features: >1 Space Per Unit

Interior

Heating & Cooling
Cooling: Evaporative Cooling
Has Cooling
Heating: None

Interior Features
Appliances: Free-Standing Range, Refrigerator
Flooring: Carpet, Ceramic Tile, Concrete

Unit Information
Unit Type Actual Rent: $2,000

Exterior

Exterior Features
Construction Materials: Painted, Stucco, Block, Brick
Roof: Composition, Built-Up, Foam

Property Information
Ownership: Fee Simple

Lot Information
Lot Size Dimensions: irreg
Has Addition Parcels

Building Information
Number Of Buildings: 3

Financial

Tax Information
Tax Annual Amount: $6,455
Tax Year: 2015

Location

School Information
High School District: Phoenix Union High School District
Elementary School District: Alhambra Elementary District

Location Information
Directions: Indian School road to 32nd avenue- property on north side of indian school Road

Community Information
Community Features: No Pool

Utility Information
Electric: APS
Sewer: Public Sewer

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Maricopa County
APN: —

Home facts updated by county records on Apr 9, 2023

Other

Listing Information
Water Source: City Franchise

Around this home

Schools

Granada Elementary School-West Campus

Public PreK-4 • Assigned • 0.5mi

4/10

Granada East School

Public 4-8 • Assigned • 0.6mi

5/10

Alhambra High School

Public 9-12 • Assigned • 1.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Phoenix, AZ • 85017

Average low and high temperatures (°F)

106

107

108

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.

13.5 hrs

7.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 3208 W Indian School Rd

Data from public records.

Address	Redfin Estimate
4116 N 32nd Avenue, Phoenix, AZ - Beds \| 3 Baths \| 1548 Sq. Ft.	$364,751

Address	Redfin Estimate
4120 N 32nd Avenue, Phoenix, AZ 3 Beds \| 2 Baths \| 1410 Sq. Ft.	$289,396

Address	Redfin Estimate

Property information provided by ARMLS when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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