2015 E EUGIE Terrace, Phoenix, AZ, 85022
About This Home
This 7-unit property boasts a fully renovated interior and in-unit washers and dryers in every residence, delivering a truly turn-key investment in the heart of North Phoenix. Situated in the established North Mountain submarket, the area continues to benefit from sustained population growth and strong demand for quality rental housing. With a uniform 2-bedroom/1-bathroom unit mix, 100% occupancy, and a proven history of long-term tenancy, this property stands out as an exceptional stabilized investment already generating consistent cash flow.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Roof: Composition
- Construction materials: Wood Frame,Painted,Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Built-In Range,Dishwasher,Refrigerator,Microwave,Washer/Dryer
- Laundry features: W/D Hookup
Bedrooms & Bathrooms
- Bedrooms: 14
- Bathrooms: 1
Features
- Flooring: Laminate
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 5,698
- Total interior livable area: 5,698 sqft
Property
Details
- Parcel number: 16610056A
- Zoning: R-3
Lot
- Lot size dimensions: Normal
Parking
- Total spaces: 12
- Parking features: >1 Space Per Unit
- Has uncovered spaces: Yes
- Uncovered spaces: 12
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,699 | $80,388 |
| Home Insurance | $385 | $4,620 |
| Property Taxes | $485 | $5,820 |
| Electricity | $603 | $7,240 |
| Total | $8,172 | $98,064 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Listed for sale | $1,325,000 |
| 2024-11-08 | Sold | $980,000 |
| 2024-07-31 | Price change | $1,155,000 |
| 2024-06-27 | Listed for sale | $1,225,000 |
| 2021-10-27 | Listing removed | -- |
| 2021-10-25 | Listed for rent | $1,075 |
| 2005-09-27 | Sold | $510,000 |
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