Stewart Ray

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Listing provided courtesy of Coldwell Banker Realty- MLS# 7014247MLS Provider

1615 W DESERT COVE AvenuePhoenix, AZ 85029

Multi-Family
$634,000 Active

1615 W DESERT COVE Avenue Overview

Time on Site:
75 days
Visits:
0

DO NOT DISTURB TENANTS!!! 48HR MIN NOTICE. LANDLORDS HAVE CONTINUOUSLY IMPROVED THE PROPERTY SINCE THEY'VE OWNED THEM. ASK FOR A LIST OF UPDATES. PERFECT FOR OWNER OCCUPANCY ON ONE AND RENT THE OTHER 2; AS THE LEASES ARE EXPIRING IN JUNE. PLEASE NOTE THAT THE TENANTS WOULD LOVE TO EXTEND THEIR LEASE AS THEY HAVE BEEN LOYAL RENTERS. THESE ARE 2 SEPARATE BUILDINGS. THE FRONT BUILDING IS A STAND ALONE UNIT AND A LITTLE LARGER. THE REAR BUILDING HAS 2 ATTACHED UNITS. EACH OF THE 3 UNITS HAS 2 BEDROOMS & 1 BATH ALONG WITH A COVERED PARKING SPOT, STORAGE/LAUNDRY ROOM & A GENEROUS SIZED BACK YARD. THESE BUILDINGS ARE SOLID SLUMP BLOCK BUILT THAT ARE IN GREAT CONDITION THAT CAN CONTINUE TO STAND THE ARIZONA HEAT WITH PROPER CARE & MAINTENANCE FOR A LONG LONG TIME!

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1615 W DESERT COVE Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Glendale Union High School District

Income/Expenses

  • Gross Income: 48000.0
  • Gross Scheduled Income: 48000.0
  • Net Operating Income: 17552.0
  • Operating Expense: 1831.0

Building Information

  • Year Built: 1974

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: DESERT COVE EXTENSION LOTS 5-12 21 24-28
  • Township: 3N

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $1,831.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: No Carry,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 159-14-008-J
  • Property Type: Multiple Dwellings
  • Zoning: Multi

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS,Individual Meter
  • Flooring: Ceramic Tile

Exterior

Parking Information

  • Open Parking Spaces: 3.0
  • Parking Features: Add'l Parking Avail,Carport

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: (147.99 x 60.01) Refer to tax records to confirm
  • Number Of Buildings: 2
  • Road Surface Type: Asphalt,Gravel
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Painted,Block,Slump Block
  • Roof: Composition

General Information

  • Covered Spaces: 3.0
  • Exterior Features: Sidewalk(s)
  • Number Of Units Total: 3
  • Sewer: Sewer-In \u0026 Connected,Public Sewer

1615 W DESERT COVE Avenue Neighborhood

Community

85029 (Phoenix) Demographics

36
Median Age
4,962
Population Density (per sq. mile)
33%
College Educated
$50,067
Estimated Median Income
9,407
Estimated Total Home Owners
8,479
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1615 W DESERT COVE Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1615 W DESERT COVE Avenue Market Data

Based on the last 30 days in this zip code

$404,601
Average List Price
$249
Average Price per Square Foot
36
Properties Sold
72
Average Days on Market
133
Properties for Sale
Calculations provided by Reliance Network

1615 W DESERT COVE Avenue History

Date Event Value Agent
4/15/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 15, 2026