#6880899, Thomas Palestina, Andrew Arambula, Listing office: ABI Multifamily
#6870735·
Listing office: SRL Group·
Listing agent: Carrie Lehrman, Jaclyn S Wollheim·
Listing office phone: 480-612-0367
$1,729,000 List price
1245 E Adams St Phoenix, AZ 85034
House
Property details
About 1245 E Adams St
Prime Downtown Phoenix 6-Unit Multi-Family Investment - Fully Renovated & Permitted through the City of Phoenix. Every unit has been meticulously updated from the ground up with all new electrical, plumbing, roofs, HVAC systems, and energy-efficient windows, offering peace of mind and modern functionality for years to come. Step inside to find stylish new kitchens featuring stainless steel appliances, custom cabinetry, and quartz countertops, as well as luxuriously updated bathrooms with contemporary finishes. Washer/Dryer's in units. Each unit combines comfort, style, and durability, perfect for attracting quality tenants or operating as a premium rental portfolio Situated on a large corner lot with potential for future subdividing or development, this property offers investors significant long-term upside. Location doesn't get better than thisjust steps to Roosevelt Row's restaurants, art galleries, and nightlife, Banner Medical Center, ASU & U of A Downtown Campuses, the Phoenix Financial District, Chase Field, Footprint Center, and all that downtown Phoenix has to offer. Whether you're looking for a turnkey multi-family asset, a cash-flowing investment in a booming rental market, or future redevelopment potential, this property checks every box.
Highlights
Home typeOther
HeatingHeat Pump
StatusActive
CoolingCentral Air
Year built1916
Parking1 Space/Unit
MLS #6870735
Summary
- Flooring Type: Ceramic Tile, Vinyl
- Parking: 1 Space/Unit
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $1,729,000
- Annual Tax Amount: $1,493
- Tax Year: 2024
- Year Built: 1916
- MLS Number: 6870735
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: SRL Group
- Office Phone: (480) 612-0367
- Office Email: lehrman77@gmail.com
- Listing Agent: Carrie Lehrman, Jaclyn S Wollheim
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 11, 2023 | Home Sold | $825,425 |
| Oct 11, 2023 | Home Sold | $825,425 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $69,970 | $1,493 |
| 2023 | $52,750 | $1,440 |
| 2022 | $36,880 | $1,429 |
| 2020 | $29,270 | $1,445 |
| 2019 | $20,830 | $1,418 |
| 2017 | $14,330 | $1,385 |
History based on county public records data.
Nearby schools
4
Asu Preparatory Academy- Phoenix Elementary School
Public Charter KG-4
0.7 mi
•735 E Fillmore St
8
Vista College Preparatory
Public Charter KG-5
1.7 mi
•812 S 6th Ave
2
Wilson Primary School
Public District PK-3
2.2 mi
•415 N 30th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,955. Typical income of Phoenix, AZ residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
63%
<35k
31%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
69%
Single, No Kids
11%
Single, with Kids
14%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
31%
18-34 yrs old
46%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1245 E Adams St
The listing price of 1245 E Adams St property is $1,729,000.
The property 1245 E Adams St is a house located in Phoenix, Arizona, 85034.
Active Listing: 1245 E Adams St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1245 E Adams St are: Asu Preparatory Academy- Phoenix Elementary School (GreatSchools Rating 4/10), Vista College Preparatory (GreatSchools Rating 8/10), Wilson Primary School (GreatSchools Rating 2/10), Augustus H. Shaw Montessori (GreatSchools Rating 8/10), Garfield School (GreatSchools Rating 2/10), Asu Preparatory Academy - Phoenix Middle School (GreatSchools Rating 3/10), Asu Preparatory Academy- Phoenix High School (GreatSchools Rating 7/10), Phoenix Union Bioscience High School (GreatSchools Rating 10/10), Kaizen Education Foundation Dba Summit High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,493 (source: MLS/based on county public records data).
The last sale was on October 11, 2023 for $825,425 (source: MLS/tax record).
The property at 1245 E Adams St has 0 bathroom.
The year of construction for 1245 E Adams St is 1916.
This home is located at 1245 E Adams St in Phoenix, AZ and zip code 85034 in the Central City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $1,729,000.
While more than 188 listings in Phoenix, AZ in June 2025 were sold above asking price, there were more than 341 listings sold at asking price, and more than 788 were sold below. The number of listings in Phoenix, AZ decreased by 0.2% between May and June 2025. Listings spent 67 days on the market in June 2025, and had a median list price of $460,087 during the same period.
From Rocket Homes Real Estate and based on county public records data.