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4514 N 14TH Place, Phoenix, AZ, 85014

4beds
3baths
2,150sqft
$845,000
$393price/sqft
$6,020/moest. monthly cost
$240,800/yrincome needed

About This Home

Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants enjoy a private, lushly landscaped courtyard, along with semi private patios for each unit, creating a unique community-oriented living environment. Additional highlights include covered parking for three vehicles plus 3 uncovered spaces, multiple storage areas, and a shared laundry room with washer and dryer included. Each unit is separately metered for gas and electric and equipped with its own separately metered for gas and electric and equipped with its own HVAC system and water heater, minimizing owner expenses and simplifying management. Ideal for investors seeking stable cash flow, with future flexibility. Potential owner-occupant opportunity available as early as July. These opportunities do not come up often!

Getting Around

73
WalkingVery Walkable
43
TransitSome Transit
73
BikeVery Bikeable

Schools

5/10
Madison Park SchoolGrades PK,5-80.1 mi
2/10
North High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Composition
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Range,Disposal,Refrigerator,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Flooring: Ceramic Tile,Vinyl,Wood

Heating & Cooling

  • Heating features: Individual,Natural Gas
  • Cooling features: Ceiling Fan(s),Electric,Individual

Interior Area

  • Total structure area: 2,150
  • Total interior livable area: 2,150 sqft

Property

Details

  • Parcel number: 15502024
  • Zoning: R-3

Features

  • Exterior features: Sidewalk(s)

Lot

  • Lot size: 8,320 sqft
  • Lot size dimensions: 128 x 65

Parking

  • Total spaces: 4
  • Parking features: Paved,Assigned,Add'l Parking Avail,>1 Space Per Unit,1 Space/Unit,Carport
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1
  • 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
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Hail
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 $4,272$51,264
Home Insurance $240$2,880
Property Taxes $1,281$15,372
Electricity $227$2,732
Total$6,020$72,240

Income You'd Need if You Spent...

35% on housing$206,400/yr
40% on housing$180,600/yr
45% on housing$160,533/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

$393This listing

vs Other Active Listings

Avg $/sqft

ZIP 85014$253
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85014$357
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)

Price History

DateEventPrice
2026-04-30Listed for sale$850,000
2021-11-12Sold$725,000
2021-11-11Pending sale$750,000
2021-10-12Contingent$750,000
2021-10-07Listed for sale$750,000
2020-09-05Listing removed$1,310
2020-08-25Price change$1,310
2020-08-13Price change$1,275
2020-07-19Price change$1,349
2020-07-01Price change$1,399
2020-06-20Listed for rent$1,449
2018-07-17Listing removed$849
2018-07-08Listed for rent$849
2017-01-27Listing removed$59,000
2017-01-27Listed for sale$59,000
2016-11-02Pending sale$59,000
2016-11-02Listed for sale$59,000
2012-11-30Sold$135,750
2012-08-17Listed for sale$132,000
2012-05-07Sold$210,132
2012-03-16Price change$59,000
2012-03-11Listed for sale$89,000
2005-08-04Sold$260,000
2003-04-22Sold$165,000
1994-03-01Sold$94,887

For Sale by Agent

AgentWilliam R Nager
BrokerageMy Home Group Real Estate

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