#6886048, Joel Chacko, Listing office: Griggs's Group Powered by The Altman Brothers
#6756497·
Listing office: My Home Group Real Estate·
Listing agent: Arman Shields·
Listing office phone: 480-685-2760
$2,750,000 List price
1538 W Osborn Rd Phoenix, AZ 85015
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, Ceiling Fan(s), Other
Year built1953
ParkingOther, On Street, Carport
MLS #6756497
Summary
- Flooring Type: Other, Ceramic Tile, Concrete
- Parking: Other, On Street, Carport
- Heating: Other, Central, Natural Gas
- Cooling: Central Air, Ceiling Fan(s), Other
- List Price: $2,750,000
- Annual Tax Amount: $1,391
- Tax Year: 2024
- Year Built: 1953
- 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: 7/24/2025, 12:55:30 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 |
|---|---|---|
| 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. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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
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Frequently asked questions
About 1538 W Osborn Rd
The listing price of 1538 W Osborn Rd property is $2,750,000.
The property 1538 W Osborn Rd is a house located in Phoenix, Arizona, 85015.
Active Listing: 1538 W Osborn Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1538 W Osborn Rd are: Encanto Elementary School (GreatSchools Rating 4/10), Clarendon Elementary School (GreatSchools Rating 4/10), Basis Phoenix Central Primary School (GreatSchools Rating 7/10), Heard School (GreatSchools Rating 3/10), Magnet Traditional School (GreatSchools Rating 8/10), Osborn Middle School (GreatSchools Rating 4/10), Phoenix College Preparatory Academy (GreatSchools Rating 8/10), Linda Abril Educational Academy (GreatSchools Rating 1/10), Metro Tech High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,391 (source: MLS/based on county public records data).
The last sale was on July 14, 2021 for $575,500 (source: MLS/tax record).
The property at 1538 W Osborn Rd has 0 bathroom.
The year of construction for 1538 W Osborn Rd is 1953.
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 $2,750,000.
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. While the average time on the market in June 2025 was 67 days, the median list price was $460,087.
From Rocket Homes Real Estate and based on county public records data.