$10,000 Closing Credit¹
#6698244, Christopher Sicz, Listing Office: Kristopher Realty
#6817995·
Listing Office: Grace CRE·
Listing Agent: Sophia J Willets, Garrett Pedicini·
Listing Office Phone: 602-975-5516
$10,000
closing credit¹
525 N 32nd St Phoenix, AZ 85008
$1,685,000 List price
$10,000
Closing credit¹
House
Property details
About 525 N 32nd St
Welcome to Thirteen on 32nd Street Apartments, a centrally located multifamily investment in Phoenix, just across from Celebrity Theatre and near the Phoenix Airport with convenient freeway access. This offering includes two parcels at 525 & 526 N 32nd Street (APN: 121-17-026-A and 121-17-028-A), presenting an excellent value-add opportunity with below-market rents and redevelopment potential. Property Details: Studios: Currently rented at $750-$850 (Market: $950). One-Bedroom Units: Currently at $850 to $950). Three-Bedroom, One-Bath House (on second lot with an attached one-bedroom apartment): Rented at $1,300 with a $600 discount for the on-site manager (Market: $1,500). Investment Highlights: Welcome to Twelve on 32nd Street Apartments, a centrally located multifamily investment in Phoenix, just across from Celebrity Theatre and near the Phoenix Airport with convenient freeway access. This offering includes two parcels at 525 & 526 N 32nd Street (APN: 121-17-026-A and 121-17-028-A), presenting an excellent value-add opportunity with below-market rents and redevelopment potential. Property Details: Studios: Currently rented at $750-$850 (Market: $950). One-Bedroom Units: Currently at $850 (Market: $950). Three-Bedroom, One-Bath House (on second lot with an attached one-bedroom apartment): Rented at $1,300 with a $600 discount for the on-site manager (Market: $1,500). Investment Highlights: Below-Market Rents - Strong upside potential to increase rental income. Redevelopment Potential - Opportunity to add more units or reposition the property. Prime Location - Close to major transit, entertainment, and employment hubs. All facts and figures are approximate. Buyer to verify all MLS information.
Highlights
Home typeOther
HeatingOther
StatusActive
CoolingOther
Lot size0 Acres
Year built1947
ParkingPaved Parking, Free
MLS #6817995
Summary
- MLS Number: 6817995
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Grace CRE
- Office Phone: (602) 975-5516
- Office Email: sophia@gracecre.com
- Listing Agent: Sophia J Willets, Garrett Pedicini
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, 8:20:54 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
$1,685,000
525 N 32nd St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 31, 2020 | Home Sold | $1,075,000 |
| Dec 11, 2015 | Home Sold | $405,000 |
| Jun 27, 2001 | Home Sold | $250,000 |
| Jan 13, 1995 | Home Sold | $80,000 |
| Jan 13, 1995 | Home Sold | $70,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $32,980 | $583 |
| 2023 | $25,430 | $562 |
| 2022 | $18,520 | $571 |
History based on county public records data.
Nearby schools
2
Wilson Primary School
Public District PK-3
0.3 mi
•415 N 30th St
2
David Crockett Elementary School
Public District KG-5
0.5 mi
•501 N 36th St
5
Imagine Academy of Phoenix
Public Charter KG-5
1.9 mi
•2645 N 24th 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 $26,436. The most common annual income of people living in Phoenix, AZ is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
24%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
27%
Single, with Kids
10%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 525 N 32nd St
This home is located at 525 N 32nd St in Phoenix, AZ and zip code 85008 in the Central City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 9, 2025 and is currently priced at $1,685,000.
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. In January 2025 in Phoenix, AZ there were 12.9% more homes for sale than in December. Listings spent 74 days on the market in January 2025, and had a median list price of $455,485 during the same period.
From Rocket Homes Real Estate and based on county public records data.