Excellent investment opportunity! Solid 4 plex in wonderful area of town in the Heart of Central Phoenix!! This is an excellent property with tons of extra space. Four 1 Bedroom, 1 Bathroom units. Plenty of parking in front and large open area in rear. All units are fully occupied! This property has performed very well with excellent rental history & nice cash flow!
Multi-familyProperty Type
1981Year Built
10,429 sq ftLot Size
$320Est. Price/Sq.Ft.
6 spacesParking
Listed by Daniel Rosenbaum• Rosenbaum Realty Group
Bought with BreeAnn Bond• My Home Group Real Estate
Source:ARMLS #5693491
Redfin Estimate
$638,743
$79K since sold in May 2021$22K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.1% lower than the average sale price ($799K) of 6 comparable homes.
Excellent investment opportunity! Solid 4 plex in wonderful area of town in the Heart of Central Phoenix!! This is an excellent property with tons of extra space. Four 1 Bedroom, 1 Bathroom units. Plenty of parking in front and large open area in rear. All units are fully occupied! This property has performed very well with excellent rental history & nice cash flow!
ARMLS #4491604
Dec 17, 2010
Sold
$62,550
$31/sq ft
Nov 30, 2010
Pending
—
Nov 19, 2010
Contingent
—
Nov 11, 2010
Listed
$62,550
$31/sq ft
+2
BACK ON THE MARKET: GREAT 4-PLEX!!! *LOCATED IN CENTRAL PHOENIX, GREAT AREA *NEAR HOSPITAL, SCHOOLS, BUSINESS (COMMERCIAL & BUSINESS) *NEW AIR CONDITIONERS WERE INSTALLED LESS THAN 2 YRS AGO *CURRENT OWNER INVESTED TO HAVE TILE IN ALL ROOMS EXCEPT BEDROOMS *EXCELLENT PROPERTY IN GREAT CONDITION WITH TONS OF SPACE IN BACKYARD *GREAT PRICE, INCREDIBLE DEAL!!!
ARMLS #4357559
Nov 11, 2010
Listing Removed
—
Nov 9, 2010
Price Changed
$62,550
$31/sq ft
Nov 2, 2010
Price Changed
$60,750
$30/sq ft
Jun 16, 2010
Price Changed
$58,200
$29/sq ft
Jun 2, 2010
Price Changed
$88,000
$44/sq ft
Jun 2, 2010
Contingent
—
Apr 1, 2010
Price Changed
$104,000
$52/sq ft
Mar 10, 2010
Listed
$110,000
$55/sq ft
ARMLS #2521008
Sep 27, 2006
Sold
$283,500
$142/sq ft
Sep 7, 2006
Listing Removed
—
Apr 26, 2006
Listed
$285,000
$143/sq ft
ARMLS #2386495
Oct 12, 2005
Listing Removed
—
Sep 19, 2005
Listed
$296,600
$148/sq ft
ARMLS #2188228
Aug 23, 2004
Sold
$219,900
$110/sq ft
Aug 20, 2004
Listing Removed
—
Aug 15, 2004
Listed
$219,900
$110/sq ft
ARMLS #2155781
Jul 30, 2004
Sold
$219,900
$110/sq ft
Jun 30, 2004
Listing Removed
—
Jun 6, 2004
Listed
$219,900
$110/sq ft
ARMLS #2109524
Apr 10, 2004
Listing Removed
—
Mar 1, 2004
Listed
$205,000
$103/sq ft
Public Records
Jun 25, 2003
Sold
$164,000
$82/sq ft
Public Records
Nov 1, 1983
Sold
$120,000
$60/sq ft
Public Records
May 1, 1982
Sold
$95,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,428 (+3.5%)
2024
$1,380 (+3.5%)
2023
$1,333 (+0.6%)
2022
$1,326 (−1.7%)
$5,960 + $23,870
$29,830
2021
$1,348 (+2.6%)
$5,020 + $20,080
$25,100
2020
$1,314 (+4.5%)
$4,320 + $17,280
$21,600
2019
$1,257 (+3.4%)
$4,040 + $16,190
$20,230
2018
$1,216 (+8.9%)
$4,040 + $16,190
$20,230
2017
$1,116 (+3.7%)
$3,340 + $13,380
$16,720
2016
$1,076 (+7.5%)
$2,600 + $10,410
$13,010
2015
$1,001 (+0.2%)
$2,040 + $8,160
$10,200
2014
$999 (+21.5%)
$1,730 + $6,950
$8,680
2013
$822 (−15.0%)
$1,130 + $4,550
$5,680
2012
$967 (−7.8%)
$1,400 + $5,620
$7,020
2011
$1,049 (−24.0%)
$1,660 + $6,660
$8,320
2010
$1,381 (−24.9%)
$2,580 + $10,340
$12,920
2009
$1,838
$1,660 + $6,660
$8,320
Tax history for 936 E Roma Ave
Year
Property tax
Land + Additions
Assessment*
2025
$1,428 (+3.5%)
2024
$1,380 (+3.5%)
2023
$1,333 (+0.6%)
2022
$1,326 (−1.7%)
$5,960 + $23,870
$29,830
2021
$1,348 (+2.6%)
$5,020 + $20,080
$25,100
2020
$1,314 (+4.5%)
$4,320 + $17,280
$21,600
2019
$1,257 (+3.4%)
$4,040 + $16,190
$20,230
2018
$1,216 (+8.9%)
$4,040 + $16,190
$20,230
2017
$1,116 (+3.7%)
$3,340 + $13,380
$16,720
2016
$1,076 (+7.5%)
$2,600 + $10,410
$13,010
2015
$1,001 (+0.2%)
$2,040 + $8,160
$10,200
2014
$999 (+21.5%)
$1,730 + $6,950
$8,680
2013
$822 (−15.0%)
$1,130 + $4,550
$5,680
2012
$967 (−7.8%)
$1,400 + $5,620
$7,020
2011
$1,049 (−24.0%)
$1,660 + $6,660
$8,320
2010
$1,381 (−24.9%)
$2,580 + $10,340
$12,920
2009
$1,838
$1,660 + $6,660
$8,320
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
CANALSCAPE
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
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Exterior
Exterior Information
Construction Type: Concrete
Building Construction Quality: Average
Exterior Wall: Concrete Block
Roof Covering Type: Built Up Composition
Roof Shape Type: Built Up Composition
Building Type: Triplex
Building Improvement Type: Triplex
Property Information
Subdivision Name: LAVETA PLACE LTS 14, 29-34
Ground Floor Sq. Ft: 1,998
Building Sq. Ft: 1,998
# of Stories: 1
Legal Description: LOT 12 LA VETA PLACE MCR 7/12 LOT 12 E 65F EX S 5F TH/OF
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,429
Legal Lot Number: 12
Municipality Name: PHOENIX
Acres: 0.2394
Zoning Code: R-3
State Use Description: FOURPLEX-MULTI RES-ONE STORY
Financial
Assessor Information
Assessment Year: 2025
Tax Area: 081300
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,998
Stories: 1.0
Lot Size: 10,429 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1981
Year Renovated: 1981
County: Maricopa County
APN: 15519057A
Home facts updated by county records on Jul 8, 2026
Around this home
Schools
Longview Elementary School
Public PreK-8 • Assigned • 0.6mi
9/10
North High School
Public 9-12 • Assigned • 1.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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