This is an excellent opportunity to own a solid performer with great cash flow and a 7% Cap rate. Always stays fully occupied. 2 separate houses on a large lot. The front house has 4 bedrooms, 2 bathrooms, 1300 square feet. The back house is a 2 bedroom, 1 bath, 700 square feet. Fully tiled interiors, newer stucco exterior, recently remodeled bathrooms and interior and exterior paint. Separate electrical meters and 1 master water meter. The owner pays water and the tenants reimburse. Large lot and yard with ample parking in the front and access with an RV gate from the back of the lot. DRIVE BY ONLY. DO NOT DISTURB TENANTS.
This property consist of 2 separate houses. front house 4 bedrooms, 2 bathrooms, appx 1300 sf.. fully tiled, freshly painted, interior/exterior. new stucco exterior, bathrooms remolded, new vanity, countertop, etc Back house, 2 bedrooms, 1 bath, freshly painted interior/exterior, tile, etc separate Electrical meters, master water meter. RV gate , rear entrance, alley, big yard, etc. both houses are currently vacant Property Sold As It. Seller will not do repairs
Public Records
Jul 3, 2013
Sold
$63,000
ARMLS #4876078
Apr 8, 2013
Listing Removed
—
Jan 16, 2013
Listed
$85,000
ARMLS #4799891
Oct 12, 2012
Sold
$32,000
Oct 2, 2012
Contingent
—
Sep 17, 2012
Price Changed
$40,000
Aug 6, 2012
Listed
$49,900
ARMLS #4727375
Oct 12, 2012
Sold
$32,000
Oct 3, 2012
Contingent
—
Sep 16, 2012
Price Changed
$40,000
Jun 23, 2012
Price Changed
$49,900
Jun 23, 2012
Relisted
—
May 10, 2012
Contingent
—
Mar 9, 2012
Listed
$45,000
ARMLS #4459490
May 13, 2011
Sold
$26,900
Apr 6, 2011
Pending
—
Mar 15, 2011
Relisted
—
Mar 1, 2011
Pending
—
Nov 19, 2010
Price Changed
$26,900
Oct 18, 2010
Price Changed
$32,000
Sep 14, 2010
Listed
$37,000
ARMLS #1935628
Apr 29, 2003
Listing Removed
—
Feb 11, 2003
Listed
$119,000
Year
Property tax
Land + Additions
Assessment*
2025
$451 (+2.6%)
2024
$439 (+2.9%)
2023
$427 (+2.0%)
2022
$418 (−2.0%)
$2,020 + $8,090
$10,110
2021
$427 (+1.2%)
$1,730 + $6,950
$8,680
2020
$421 (+3.4%)
$1,460 + $5,840
$7,300
2019
$408 (+7.8%)
$1,380 + $5,540
$6,920
2017
$378 (+5.3%)
$920 + $3,710
$4,630
2016
$359 (+6.1%)
$760 + $3,070
$3,830
2015
$338 (−0.7%)
$550 + $2,230
$2,780
2014
$341 (+33.1%)
$450 + $1,800
$2,250
2013
$256 (−11.8%)
$310 + $1,270
$1,580
2012
$290 (−55.9%)
$370 + $1,480
$1,850
2011
$658 (−14.0%)
$2,000 + $2,736
$4,736
2010
$765 (+3.3%)
$3,650 + $2,788
$6,438
2009
$741
$4,800 + $3,070
$7,870
Tax history for 753 W Riverside St
Year
Property tax
Land + Additions
Assessment*
2025
$451 (+2.6%)
2024
$439 (+2.9%)
2023
$427 (+2.0%)
2022
$418 (−2.0%)
$2,020 + $8,090
$10,110
2021
$427 (+1.2%)
$1,730 + $6,950
$8,680
2020
$421 (+3.4%)
$1,460 + $5,840
$7,300
2019
$408 (+7.8%)
$1,380 + $5,540
$6,920
2017
$378 (+5.3%)
$920 + $3,710
$4,630
2016
$359 (+6.1%)
$760 + $3,070
$3,830
2015
$338 (−0.7%)
$550 + $2,230
$2,780
2014
$341 (+33.1%)
$450 + $1,800
$2,250
2013
$256 (−11.8%)
$310 + $1,270
$1,580
2012
$290 (−55.9%)
$370 + $1,480
$1,850
2011
$658 (−14.0%)
$2,000 + $2,736
$4,736
2010
$765 (+3.3%)
$3,650 + $2,788
$6,438
2009
$741
$4,800 + $3,070
$7,870
*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
1
Lot width
—
Lot depth
—
Lot size
8,161 Sq. Ft.
Year renovated
1941
Sq. Ft.
1,034
Year built
1941
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
10556067
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
R-3
RSIO
Multifamily Residence District
The purpose of the multifamily 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.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
Zone overlays
Rio Salado Interim Overlay District
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
Apr 9, 2014 • Final
Residential permits
Electrical
Nov 8, 2013 • Active
Construction permits
Grading
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: 3
Open Parking Spaces: 2
Covered Spaces: 1
Parking Features: Add'l Parking Avail, Carport
Interior
Heating & Cooling
Has Heating
Cooling: Central Air
Has Cooling
Heating: Electric
Interior Features
Appliances: Free-Standing Range
Flooring: Ceramic Tile
Exterior
Exterior Features
Construction Materials: Painted, Stucco, Adobe, Slump Block
Roof: Composition
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: IRREGULAR
Building Information
Number Of Buildings: 2
Financial
Tax Information
Tax Annual Amount: $427
Tax Year: 2023
Location
School Information
Middle Or Junior School: Cesar E Chavez Community School
High School: South Mountain High School
High School District: Phoenix Union High School District
Elementary School: Cesar E Chavez Community School
Elementary School District: Roosevelt Elementary District
Location Information
Directions: 7th AVE NORTH OF BROADWAY, TURN WEST ON RIVERSIDE TO PROPERTY.
Community Information
Community Features: No Pool
Utility Information
Electric: SRP
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,034
Stories: 1.0
Lot Size: 8,161 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1941
Year Renovated: 1941
County: Maricopa County
APN: 10556067
Home facts updated by county records on Jul 6, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Cesar E Chavez Community School
Public PreK-8 • Assigned • 1.0mi
9/10
Cesar Chavez High School
Public 9-12 • Assigned • 4.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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