137 W LATONA Road, Phoenix, AZ 85041 (MLS# 6968385)

137 W LATONA Road, Phoenix, AZ 85041

$4,895,000
Property Type: Multiple Dwellings Bedrooms: 41 Baths: 30 Status: Active
Current Price: $4,895,000 Last Modified: 8/25/2026

Overview

Description

Newer Built Homes. 11 individual homes sold in bulk built in 2024. Nice community with 2 pocket parks. All homes have 2 car garages. Located near the new light rail line extension on Central Ave. AS of now, all homes are leased, self-managed by the owner. Owner maintains the common areas and provides quarterly exterior pest control. Buyer to verify all information.

Listing Details MLS# 6968385

Location, Tax & Legal

House Number
137
Compass
W
Street Name
LATONA
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85041
Zip4
8152
Country
US
County Code
Maricopa
Subdivision
LATONA FONTAINE
Assessor Number
300-40-525
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Irregular
Year Built
2025
Total # of Units
11
# of Buildings
11
Zoning
Residential
Elementary School District
Roosevelt Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
Baseline and 7th Ave
Directions
South from Baseline Rd. on 7th Ave to Gary Way. East to 5th Ave. South to Beverly Rd. East to 2nd Dr. South to Latona then east to the 11 new homes.

Legal Info

Township
1S
Range
3E
Section
5
Lot Number
2

3 Bedrooms Units

# 3 Bedroom Units
3
Avg Rent
2118
Avg SqFt
1388
# Baths
2

More Information

4 Bedrooms Units

# 4 Bedroom Units
8
Avg Rent
2438
Avg SqFt
1708
# Baths
3

Structure

Bedrooms Total
41
Bathrooms Total
30

Income Expenses

Gross Annual Sch Inc
310092
Net Operating Income
254251

Showing Notification Methods

Showing Service
Non-MLS Showing Service - See Private Remarks

Property Features

Project Type: 5 - 12 Units; Other (See Remarks) Other Type: Packaged Offering Construction: Wood Frame Const - Finish: Stucco Construction Status: New Construction Roofing: Composition; Foam; See Remarks Floors: Laminate Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; Other; See Remarks Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Garage Road Access Type: Dedicated Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; See Remarks Tenant Pays: Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; Owner May Carry Environmental: Other (See Remarks)
IDX
Listing Office: City to City Commercial
Last Updated: August - 25 - 2026
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