$680,000

2427 E Mcdowell Rd Phoenix, AZ 85008

$8,075
Closing credit¹
3 beds
2 baths
1,561 sqft
0.2 acres
$436 / sqft
House

Property details

About 2427 E Mcdowell Rd

Looking for a Lucrative Investment Opportunity in Phoenix, AZ? Look No Further! This Stunning Property is Located at 2427 E McDowell Rd and is currently being used as a Home/Office that offers C-2 Commercial and R-3 Multiple Family Zoning with Road Frontage on Mcdowell Road. Key Features: Prime Location: Nestled in the heart of Phoenix, enjoy easy access to downtown, shopping centers, restaurants, and major highways. Rear lot of Property is Currently Leased for $600.00 Per Month for Storage. Unfinished Basement is a Bonus for Estimated 761 Sq Ft of Additional Storage. Property Has So Much Potential! 24th St and Mcdowell!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
Size1,561 sqft
BasementYes
Lot size0.19 Acres
Year built1958
ParkingRV Gate, Separate Strge Area
MLS #6696950

Summary

  • MLS Number: 6696950
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Kristopher Realty
  • Office Phone: (480) 628-9856
  • Office Email: kristopherrealtygroup@gmail.com
  • Listing Agent: Christopher Sicz

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: 3/3/2025, 1:21:17 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 front of house

$680,000

2427 E Mcdowell Rd

$8,075

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 26, 2001
Home Sold
$75,000

Tax history

YearAssessmentProperty Tax
2024$27,154$1,119
2023$24,670$1,075
2022$21,440$1,101
2020$18,800$1,074
2019$17,610$1,045
2017$12,800$1,004

History based on county public records data.

Nearby schools

5

Imagine Academy of Phoenix

Public Charter KG-5

0.8 mi

2645 N 24th St

2

Wilson Primary School

Public District PK-3

1.1 mi

415 N 30th St

2

David Crockett Elementary School

Public District KG-5

1.6 mi

501 N 36th St

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 $23,503. Most Phoenix, AZ residents have annual incomes less than $<35k. 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?

65%
<35k
32%
35k-100k
4%
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?

46%
Single, No Kids
21%
Single, with Kids
10%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
5%
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?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

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

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Frequently asked questions

About 2427 E Mcdowell Rd

This home is located at 2427 E Mcdowell Rd in Phoenix, AZ and zip code 85008 in the Central City neighborhood. This 1,561 square foot home, which was built in 1958, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $680,000.

In February 2025 more than 185 listings in Phoenix, AZ were sold above the asking price. During the same period more than 322 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Phoenix, AZ increased by 11.5% between January and February 2025. Listings spent 71 days on the market in February 2025, and had a median list price of $456,254 during the same period.

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

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