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2509 E WILLETTA Street, Phoenix, AZ, 85008

3beds
4baths
2,080sqft
$395,000
$190price/sqft
$2,954/moest. monthly cost
$118,160/yrincome needed

About This Home

Excellent investment opportunity! This 4-plex is ideally located near major freeways, shopping, dining, schools, and everyday conveniences, offering strong appeal for both tenants and investors. The property features four units with significant income-producing potential. While the property needs TLC, it presents an excellent value-add opportunity for investors looking to renovate, increase rents, and build equity. Whether you're expanding your portfolio or seeking a multifamily property in a highly accessible location, this property offers tremendous upside and long-term potential.

Getting Around

55
WalkingSomewhat Walkable
44
TransitSome Transit
64
BikeBikeable

Schools

1/10
Excelencia SchoolGrades K-80.4 mi
3/10
Camelback High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1950

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Gas Oven

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,080
  • Total interior livable area: 2,080 sqft

Property

Details

  • Parcel number: 12178110
  • Zoning: R-3

Lot

  • Lot size: 6,610 sqft
  • Lot size dimensions: 130.61 x 50.61

Parking

  • Total spaces: 8
  • Parking features: >1 Space Per Unit,Carport
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4
  • 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 $1,997$23,964
Home Insurance $115$1,380
Property Taxes $622$7,464
Electricity $220$2,643
Total$2,954$35,448

Income You'd Need if You Spent...

35% on housing$101,280/yr
40% on housing$88,620/yr
45% on housing$78,773/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

$190This listing

vs Other Active Listings

Avg $/sqft

ZIP 85008$224
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
2026-06-02Listed for sale$395,000
1993-10-27Sold$39,000

For Sale by Agent

AgentLisa Carroll
BrokerageAvenue Home Realty

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