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3020 E YALE Street, Phoenix, AZ, 85008

4beds
2baths
2,425sqft
$759,000
$313price/sqft
$4,592/moest. monthly cost
$183,680/yrincome needed

About This Home

Fully renovated and vacant 3-unit apartment community located in the desirable East Phoenix Submarket. Originally built in 1961, the property has undergone comprehensive interior + exterior upgrades, positioning it as a turnkey investment in a strong rental submarket. Interior upgrades include in-unit GE washer/dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in tile showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing curb appeal and while minimizing future capital needs. Each unit is currently fully vacant, providing a great opportunity for either an owner-occupant or investor to immediately implement a tailored leasing strategy. Owner/Agent

Getting Around

74
WalkingVery Walkable
43
TransitSome Transit
63
BikeBikeable

Schools

3/10
3/10
Camelback High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1961

Materials

  • Roof: Composition
  • Construction materials: Painted,Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Range,Disposal,Dishwasher,Refrigerator,Built-In Electric Oven,Microwave,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Flooring: Concrete

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,425
  • Total interior livable area: 2,425 sqft

Property

Details

  • Parcel number: 12022005
  • Zoning: R3

Lot

  • Lot size: 8,964 sqft
  • Lot size dimensions: 8964 sqft

Parking

  • Total spaces: 3
  • Parking features: 1 Space/Unit,On Street,Carport
  • Covered spaces: 3
  • Carport: Yes

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
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

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

MonthlyAnnual
Mortgage $3,837$46,044
Home Insurance $221$2,652
Property Taxes $278$3,336
Electricity $256$3,081
Total$4,592$55,104

Income You'd Need if You Spent...

35% on housing$157,440/yr
40% on housing$137,760/yr
45% on housing$122,453/yr

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$313This listing

vs Other Active Listings

Avg $/sqft

ZIP 85008$221
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85008$304
Maricopa County$262

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)

No zestimate history available

Price History

DateEventPrice
2026-04-15Listed for sale$849,000
2025-10-20Sold$425,000
2025-09-18Listed for sale$425,000
2004-10-16Sold$194,000

For Sale by Agent

AgentBradley Skenderian
BrokerageMatthews Real Estate Investment Services

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