$10,000 Closing Credit¹
#6778260, Barbara Simmons, John Adam Simmons, Listing Office: Walt Danley Local Luxury Christie's International Real Estate
#6756497·
Listing Office: My Home Group Real Estate·
Listing Agent: Arman Shields·
Listing Office Phone: 480-685-2760
1538 W Osborn Rd Phoenix, AZ 85015
$3,295,000 List price
House
Property details
About 1538 W Osborn Rd
Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area. Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix's most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown's vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.
Highlights
Home typeOther
HeatingOther, Central, Natural Gas
StatusActive
CoolingCentral Air, Other, Ceiling Fan(s)
Lot size0 Acres
Year built1953
ParkingOther (See Remarks), Street Parking, Common
MLS #6756497
Summary
- MLS Number: 6756497
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: My Home Group Real Estate
- Office Phone: (480) 685-2760
- Office Email: andrew@myhomegroup.com
- Listing Agent: Arman Shields
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, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,295,000
1538 W Osborn Rd
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 14, 2021 | Home Sold | $575,500 |
| Nov 10, 2009 | Home Sold | $135,000 |
| Apr 11, 2007 | Home Sold | $304,000 |
| Nov 01, 2004 | Home Sold | $176,300 |
| Dec 11, 2002 | Home Sold | $165,000 |
| Feb 06, 1998 | Home Sold | $87,500 |
| Dec 15, 1995 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $62,270 | $1,391 |
| 2023 | $47,180 | $1,383 |
| 2022 | $32,350 | $1,407 |
| 2020 | $22,530 | $1,371 |
| 2019 | $19,030 | $1,268 |
| 2017 | $13,880 | $1,164 |
History based on county public records data.
Nearby schools
4
Encanto Elementary School
Public District KG-3
0.2 mi
•1426 W Osborn Rd
4
Clarendon Elementary School
Public District 4-6
0.3 mi
•1225 W Clarendon Ave
7
Basis Phoenix Central Primary School
Public Charter KG-5
1.3 mi
•201 E Indianola Ave
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 $42,342. The majority of Phoenix, AZ residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
42%
35k-100k
19%
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?
44%
Single, No Kids
12%
Single, with Kids
21%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
IKEA
Banana Republic
H&M
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Chipotle
What do the neighbors drive?
Lexus
Toyota
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
Jazz- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$6,947 Closing Credit¹
#6789630, Larry Shinn, Listing Office: DPR Realty LLC
$7,481 Closing Credit¹
#6785650, Luis Espinoza, Listing Office: Gile Commercial Real Estate
Backup offers
$7,363 Closing Credit¹
#6782539, Chad D Christian Jr, R M Joe Bushong, Listing Office: Russ Lyon Sotheby's International Realty
Backup offers
$6,769 Closing Credit¹
#6796685, Gaby Carder, Listing Office: Real Estate 48
Backup offers
$5,199 Closing Credit¹
#6727897, Ben Koerner, Listing Office: Realty Executives
$6,163 Closing Credit¹
#6810480, Robert Kerry Risvold, Stacy Lynn Hinke, Listing Office: Realty ONE Group
Backup offers
$8,584 Closing Credit¹
#6734515, Donna Seawards, Claudia Ann Lockwood, Listing Office: W and Partners, LLC
New - 6 days on Rocket
$7,422 Closing Credit¹
#6815213, Kandis Palmer, Listing Office: RETSY
$6,887 Closing Credit¹
#6790144, Ashley Hutson, Listing Office: eXp Realty
Frequently asked questions
About 1538 W Osborn Rd
This home is located at 1538 W Osborn Rd in Phoenix, AZ and zip code 85015 in the Westwood Terrace neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $3,295,000.
In January 2025 more than 128 listings in Phoenix, AZ were sold above the asking price. During the same period more than 242 listings were sold at asking price, while more than 583 were sold below. The number of homes for sale in Phoenix, AZ increased by 12.9% between December and January 2025. In January 2025 median list price was $455,485 and the average listing age was 74 days.
From Rocket Homes Real Estate and based on county public records data.