2438 E AMELIA Avenue, Phoenix, AZ 85016 (MLS# 6075329)

2438 E AMELIA Avenue, Phoenix, AZ 85016

$860,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $860,000 Last Modified: 5/04/2026

Overview

Description

We are pleased to announce Amelia Homes on 24th! This property has been fully renovated inside and out. These duplexes feels like a large home with a spacious, private front yard and back yard. All units are newly renovated with brand new stainless steel appliances, white quartz counter tops, paint, new laminate flooring, and subway tile. Units are also equipped with a brand new washer and dryer and one uncovered private driveway for two of the units and designated covered parking space for all units. All units are available for rent current rents are 1450, 1499, 1499, 1799 plus 50 rubs per unit for water and trash. Tenants pay for there own landscaping, gas and electric. All facts figures are approximate buyer

Supplements: verify MLS information. Tenants pay for electric and gas.

Listing Details MLS# 6075329

Location, Tax & Legal

Map Code/Grid: P35
House Number: 2438
Compass: E
Street Name: AMELIA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 6706
Country: US
County Code: Maricopa
Assessor Number: 119-04-133
Tax Year: 2019
Assessor's Map #: 4
Legal Description (Abbrev): E 120' OF W 590' OF N2 N2 NW4 NW4 EX N 182' & EX S 20' RD .35 AC
Assessor's Parcel #: 133
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 110801
Taxes: 2090
Legal: E 120' OF W 590' OF N2 N2 NW4 NW4 EX N 182' & EX S 20' RD .35 AC
Marketing Name: Amelia Homes on 24th

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: Irr
Year Built: 1950
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 2
Zoning: R3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Larry C Kennedy School
High School: Camelback High School

Remarks Misc

Cross Street: Indian School Rd and 24th Street
Directions: Indian School and 24th street South to first street on the east Amelia, East to the complex.

Status Change Info

Off Market Date: 2020-06-02
Under Contract Date: 2020-05-15
Close of Escrow Date: 2020-06-03

Legal Info

Township: 2N
Range: 3E
Section: 26
Lot Number: Yes

More Information

Income Expenses

Gross Annual Sch Inc: 79044
Net Operating Income: 67274

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1532
Avg SqFt: 1000
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1849
Avg SqFt: 1347
# Baths: 2

Sold Info

Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Four Plex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 200
Annual Gas Exp: 0
Annual Ins Exp: 1800
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 3000
Annual Mgmt Exp: 0
Annual Trash Exp: 1000
Annual Wtr/Swr Exp: 2000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 10090
Other Income: 4080
Vacancy Allowance: 0.05
Adjusted Gross Inc: 78967.8
Total Monthly Rental Income: 6587

Pmt & Rate Info

Cap Rate: 7.09
Down Payment: 105000
Equity: 949000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Lockbox Type

Supra: Yes

Community Features

Other: Yes
See Remarks: Yes

Heating

Electric: Yes

Cooling

Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Green Landscaping: Yes
Fenced: Yes
Separate Storage: Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Vertical Blinds: Yes

Tenant Pays

Gas: Yes
Electricity: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Free-Standing Range: Yes
Trash Compactor: Yes
Washer/Dryer: Yes

Road Surface Type

Dirt: Yes
Gravel: Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
<1 Space Per Unit: Yes
Add'l Parking Avail: Yes

Electric

SRP: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

VA: Yes
Conventional: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

FHA: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 1st Loan Terms

Non Assumable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: Other; See Remarks Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Separate Storage Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds Appliances Included: Built-In Range; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Trash Compactor; Microwave; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Carport; <1 Space Per Unit; Add'l Parking Avail Road Surface Type: Gravel; Dirt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Projected Proforma Special: Owner/Agent Lockbox Type: Supra Existing 1st Loan: FHA Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: VA; Conventional Environmental: None

Listing Office: Grace CRE

Last Updated: May - 04 - 2026