$9,144

closing credit¹

1509 W Pierce St Phoenix, AZ 85007

$770,000
House

Property details

About 1509 W Pierce St

4-Plex investment opportunity in the heart of the Oakland Historic District of Downtown Phoenix. Property consists of two 2 story buildings set to the back of the property with parking lot right off the street. All 4 units are identical 2 bed, 1 bath, 642 sq ft with washer and dryer's. 1 of the 4 units just went through a full renovation in 2023. All units have sub metered water and is billed back to tenants. Only expense is city sewer and trash. Grand Ave corridor has many local shops, restaurants, cafes, brewery, etc. within a block of property. Priced $50/ft or $50K/unit below recently sold renovated complex in neighborhood.

Highlights

Home typeOther
HeatingCentral, Heat Pump, Electric
StatusActive
CoolingCentral Air, Heat Pump, Electric, Ceiling Fan(s)
Lot size0 Acres
Year built1983
ParkingPaved Parking, Free, >1 Space Per Unit, Street Parking
MLS #6750467

Virtual tour

Summary

  • MLS Number: 6750467
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: RETSY
  • Office Phone: (602) 842-0000
  • Office Email: Matthew@Retsy.com
  • Listing Agent: Todd Morris

IDX 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: 2/10/2025, 1:21:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of street

$770,000

1509 W Pierce St

$9,144

closing credit¹

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Price information

Property sales

DateEventPrice
Aug 16, 2018
Home Sold
$297,000
Apr 30, 2009
Home Sold
$57,000
Oct 09, 1998
Home Sold
$93,000
Apr 29, 1988
Home Sold
$101,000

Tax history

YearAssessmentProperty Tax
2024$68,850$1,147
2023$44,680$1,107
2022$30,880$1,098
2020$25,050$1,111
2019$21,680$1,062
2017$15,400$1,034

History based on county public records data.

Nearby schools

8

Vista College Preparatory

Public Charter KG-5

1.3 mi

812 S 6th Ave

4

Asu Preparatory Academy- Phoenix Elementary School

Public Charter KG-4

1.6 mi

735 E Fillmore St

2

J. B. Sutton Elementary School

Public District KG-5

2.0 mi

1001 N 31st Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,071. Typical income of Phoenix, AZ residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
22%
Single, with Kids
10%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1509 W Pierce St

This home is located at 1509 W Pierce St in Phoenix, AZ and zip code 85007 in the Central City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $770,000.

In January 2025, from all listings sold in Phoenix, AZ there were more than 128 sold above asking price, over 583 sold below and more than 242 were sold right at the asked price. Between December and January 2025, Phoenix, AZ real estate market has seen increase in the number of listings by 12.9%. While the average time on the market in January 2025 was 74 days, the median list price was $455,485.

From Rocket Homes Real Estate and based on county public records data.

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