813 E MARLETTE Avenue, Phoenix, AZ 85014
Overview
Description
Supplements: ... (Read more) so many rents are below market and could be raised as leases expire. Not to mention, with housing prices skyrocketing, rent growth should continue increasing while those who cannot afford to purchase look to rent. There are not a lot of properties that come available that are this attractive and well located. This is a phenomenal bite-sized opportunity in an A location that should continue to improve as things continue to happen in the heart of Uptown Phoenix. Venture on Marlette is the latest offering from the amazing Neighborhood Ventures team! The property sits directly in the middle of Uptown Phoenix, just off of the famed 7th Street Corridor and Restaurant Row. It is 3/4 of a mile to the original The Yard and Culinary Dropout concept that was the impetus for the massive 7th Street and Restaurant Row growth. The property sits on a quiet street, minutes away from the Crown Plaza development with Wildflower and Rito's Mexican Food. The Womack, an amazing tribute to the iconic Phoenix bar, Chez Nous, is also a short bike ride/walk away, as well as MORA Italian, Cold Beer & Cheeseburgers, and Bevvy, just to name a few. This property really sits in the heart of it all. The location is as popular as it gets, and allows residents to enjoy, with ease, so much of what Central Phoenix has to offer. With many dining, shopping (Uptown Plaza is just a bike ride away), and entertainment options, as well as multiple freeway access points within minutes, Venture on Marlette is an extremely desirable property for residents.
Listing Details MLS# 6170432
Location, Tax & Legal
- Map Code/Grid
- N34
- House Number
- 813
- Compass
- E
- Street Name
- MARLETTE
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85014
- Zip4
- 1507
- Country
- US
- County Code
- Maricopa
- Subdivision
- ORANGE HEIGHTS LOTS 44, 45 & TR A
- Assessor Number
- 161-15-035-F
- Tax Year
- 2020
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 146x122
- Year Built
- 1962
- Total # of Units
- 14
- # of Buildings
- Yes
- Zoning
- R4
- Elementary School District
- Madison Elementary District
- High School District
- Phoenix Union High School District
Remarks Misc
- Cross Street
- 7th Street & Bethany Home Rd
- Directions
- North on 7th Street, East on Marlette to property on South side of street.
Status Change Info
- Off Market Date
- 2021-04-17
- Under Contract Date
- 2021-02-12
- Close of Escrow Date
- 2021-04-20
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 9
- Lot Number
- 37
More Information
1 Bedroom Units
- # 1 Bedroom Units
- Yes
- Avg Rent
- 1250
- Avg SqFt
- 550
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 13
- Avg Rent
- 1340
- Avg SqFt
- 929
- # Baths
- 2
Income Expenses
- Gross Annual Sch Inc
- 245700
- Net Operating Income
- 192104
Sold Info
- Loan Type
- Conventional
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
Property Features


