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1101 E ROOSEVELT Street, Phoenix, AZ, 85006

7beds
4baths
2,255sqft
$749,999
$333price/sqft
$5,524/moest. monthly cost
$220,960/yrincome needed

About This Home

PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants are Section 8 tenants, providing reliable rental income. The property features low-maintenance landscaping, ample private parking, and separately metered electric for each unit. Located on R-5 zoning and registered as a multifamily parcel, this property is separately parceled as a triplex, allowing for residential financing. An excellent opportunity for investors seeking a renovated, cash-flowing property in Phoenix

Getting Around

72
WalkingVery Walkable
51
TransitGood Transit
82
BikeVery Bikeable

Schools

6/10
Garfield SchoolGrades PK-80.3 mi
2/10
North High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1982

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Painted,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Range,Refrigerator,Microwave,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Flooring: Tile,Laminate

Heating & Cooling

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

Interior Area

  • Total structure area: 2,255
  • Total interior livable area: 2,255 sqft

Property

Details

  • Parcel number: 11627158
  • Zoning: R5

Features

  • Exterior features: Sidewalk(s)

Lot

  • Lot size: 6,875 sqft
  • Lot size dimensions: 6,875 sq ft.

Parking

  • Total spaces: 3
  • Parking features: Other,Add'l Parking Avail,<1 Space Per Unit
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

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 FloodingRelatively High

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 $3,792$45,504
Home Insurance $232$2,784
Property Taxes $1,262$15,144
Electricity $238$2,865
Total$5,524$66,288

Income You'd Need if You Spent...

35% on housing$189,394/yr
40% on housing$165,720/yr
45% on housing$147,306/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

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 85006$254
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85006$359
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
2026-07-29Price change$749,999
2026-07-23Listed for sale$799,999
2025-07-14Listing removed$1,000,000
2025-02-23Price change$1,000,000
2024-10-29Listing removed$1,995
2024-10-21Listed for sale$1,200,000
2024-09-26Listed for rent$1,995
2024-09-13Listing removed$1,995
2024-09-05Listed for rent$1,995
2024-02-21Listing removed--
2024-02-07Listed for rent$1,545
2023-11-22Sold$735,000
2023-10-30Pending sale$750,000
2023-10-04Listed for sale$750,000
2011-08-30Sold$64,250
2011-06-22Sold$74,425
1995-08-01Sold$89,000

For Sale by Agent

AgentBianey Salazar
BrokerageRealty ONE Group

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