Historic Palmcroft Location! Delightful Spanish courtyard 4-plex. Step through the arched gate and into a courtyard garden featuring central fountain, wonderful shaded walk way with mature landscaping. The 4 apartments are all 2 bedroom, 1 bath and retain the historical charm of the property. this is one of the most unique 4 plex apartments in the Central corridor. All are fully rented. Please drive by only, do not disturb occupants.
Multi-familyProperty Type
1946Year Built
4 spacesParking
Listed by Craig Bennett• My Home Group Real Estate
Great Central Phoenix Encanto Historic District Investment Property. Near Downtown colleges of Medicine and Law and ASU downtown campus. Light rail stop just a few blocks away at Central Ave. Well maintained by owner of over 20 years; copper plumbing and foamed roof. Walk one block to 9 eateries and only minutes to many more restaurants and the theatre district. Walk to Encanto Park. Excellent long-term tenants (all professionals) under mkt and month-to-months rents; all 2BR units and all over look a pleasant court yard. On-site laundry room and off-street parking. Adjacent to Beautiful Neighborhood. Do not disturb residents, no sign on property.
Public Records
May 12, 1998
Sold
$280,000
Public Records
Jul 31, 1992
Sold
$80,068
Public Records
Jul 29, 1980
Sold
$110,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,908 (+6.2%)
2024
$1,796 (+1.0%)
2023
$1,779 (+3.7%)
2022
$1,715 (+0.8%)
$9,120 + $36,480
$45,600
2021
$1,702 (−1.1%)
$8,270 + $33,100
$41,370
2020
$1,722 (+0.2%)
$7,690 + $30,780
$38,470
2019
$1,719 (+1.7%)
$5,340 + $21,360
$26,700
2018
$1,690 (+2.4%)
$5,340 + $21,360
$26,700
2017
$1,651 (+3.0%)
$3,720 + $14,910
$18,630
2016
$1,603 (+8.0%)
$3,030 + $12,150
$15,180
2015
$1,484
$2,440 + $9,770
$12,210
2014
$1,483 (+20.4%)
$2,130 + $8,520
$10,650
2013
$1,232 (−3.3%)
$1,380 + $5,540
$6,920
2012
$1,274 (−24.2%)
$1,520 + $6,110
$7,630
2011
$1,682 (−1.2%)
$2,270 + $9,110
$11,380
2010
$1,703 (−29.1%)
$2,860 + $11,450
$14,310
2009
$2,402
$2,270 + $9,110
$11,380
Tax history for 734 W Mcdowell Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,908 (+6.2%)
2024
$1,796 (+1.0%)
2023
$1,779 (+3.7%)
2022
$1,715 (+0.8%)
$9,120 + $36,480
$45,600
2021
$1,702 (−1.1%)
$8,270 + $33,100
$41,370
2020
$1,722 (+0.2%)
$7,690 + $30,780
$38,470
2019
$1,719 (+1.7%)
$5,340 + $21,360
$26,700
2018
$1,690 (+2.4%)
$5,340 + $21,360
$26,700
2017
$1,651 (+3.0%)
$3,720 + $14,910
$18,630
2016
$1,603 (+8.0%)
$3,030 + $12,150
$15,180
2015
$1,484
$2,440 + $9,770
$12,210
2014
$1,483 (+20.4%)
$2,130 + $8,520
$10,650
2013
$1,232 (−3.3%)
$1,380 + $5,540
$6,920
2012
$1,274 (−24.2%)
$1,520 + $6,110
$7,630
2011
$1,682 (−1.2%)
$2,270 + $9,110
$11,380
2010
$1,703 (−29.1%)
$2,860 + $11,450
$14,310
2009
$2,402
$2,270 + $9,110
$11,380
*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
1
Lot width
—
Lot depth
—
Lot size
8,450 Sq. Ft.
Year renovated
1946
Sq. Ft.
3,004
Year built
1946
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
11109007
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
Property details
Parking
Parking Information
Parking Total: 4
Open Parking Spaces: 4
Parking Features: Paved, Assigned, 1 Space/Unit
Interior
Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s)
Has Cooling
Heating: Central, Natural Gas
Interior Features
Appliances: Free-Standing Range, Refrigerator
Flooring: Ceramic Tile
Unit Information
Unit Type Actual Rent: $900
Unit Type Baths Total: $1
Unit Type Beds Total: 2
Exterior
Exterior Features
Construction Materials: Painted, Block
Roof: Tile, Foam
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: 8,450
Building Information
Number Of Buildings: 1
Financial
Tax Information
Tax Annual Amount: $1,651
Tax Year: 2018
Location
School Information
Middle Or Junior School: Isaac Middle School
High School: Central High School
High School District: Phoenix Union High School District
Elementary School: Kenilworth Elementary School
Elementary School District: Phoenix Elementary District
Location Information
Directions: From 7th Ave, West on McDowell to 734 W. McDowell
Community Information
Community Features: No Pool
Utility Information
Electric: APS
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,004
Stories: 1.0
Lot Size: 8,450 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1946
Year Renovated: 1946
County: Maricopa County
APN: 11109007
Home facts updated by county records on Sep 24, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Kenilworth Elementary School
Public PreK-8 • Assigned • 0.3mi
5/10
Central High School
Public 9-12 • Assigned • 2.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 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
6 days above 112° expected this year, 15 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 • 85007
Average low and high temperatures (°F)
69
45
79
54
85
60
87
63
95
72
106
82
107
86
108
86
99
79
92
68
77
54
73
49
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
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