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Listing provided courtesy of ABI Multifamily- MLS# 7007952MLS Provider

314 W ROOSEVELT StreetPhoenix, AZ 85003

Multi-Family
$2,875,000 Active

314 W ROOSEVELT Street Overview

Time on Site:
89 days
Visits:
0

314 West Roosevelt Street is a 12-unit apartment community on a rare half-acre double lot that offers expansion potential under DTC-S-ROO zoning. Situated in the heart of Roosevelt Row and located within Phoenix's first-ever historic district, this is one of the earliest apartment buildings in Phoenix. Built in 1913 and fully modernized in the mid-1990s (all new; plumbing/sewer, electrical, roof trusses & structural improvements) full blueprints are available. The property features (12) 1-Bed / 1-Bath units (~650 SF Avg), on-site laundry, ample parking, and a community terrace. Residents are sure to appreciate being in Downtown Phoenix's premier arts, dining, and culture corridor. The property provides immediate access to the light-rail & I-10. Drive By Only, Do Not Disturb Tenants!

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314 W ROOSEVELT Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Phoenix Union High School District

Income/Expenses

  • Gross Income: 205183.2
  • Gross Scheduled Income: 208080.0
  • Net Operating Income: 147893.0
  • Operating Expense: 8456.0

Building Information

  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: KENILWORTH BLKS 7-14
  • Township: 1N

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $8,456.00
  • Tax Year: 2025

General Information

  • Disclosures: Other (See Remarks)
  • Listing Terms: Other (See Remarks)
  • Ownership: Fee Simple
  • Parcel Number: 111-32-026
  • Property Type: Multiple Dwellings
  • Zoning: DTC-S-ROO

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS
  • Flooring: Wood

Exterior

Parking Information

  • Open Parking Spaces: 20.0
  • Parking Features: Paved,Add'l Parking Avail,\u003e1 Space Per Unit,On Street

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 149ft x 146ft
  • Number Of Buildings: 1
  • Road Surface Type: Concrete,Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Painted,Stucco,Block,Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 12
  • Sewer: Public Sewer

314 W ROOSEVELT Street Neighborhood

Community

85003 (Phoenix) Demographics

38
Median Age
4,572
Population Density (per sq. mile)
61%
College Educated
$48,306
Estimated Median Income
1,525
Estimated Total Home Owners
2,853
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

314 W ROOSEVELT Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

314 W ROOSEVELT Street Market Data

Based on the last 30 days in this zip code

$714,820
Average List Price
$410
Average Price per Square Foot
9
Properties Sold
120
Average Days on Market
66
Properties for Sale
Calculations provided by Reliance Network

314 W ROOSEVELT Street History

Date Event Value Agent
4/2/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 02, 2026