1217 E Hess Avenue, Phoenix, AZ 85034
- $505,000
- Sold Price
- $505,000
- List Price
- $525,000
- Closing Date
- Sep 22, 2025
- Days on Market
- 98
- Status
- CLOSED
- MLS#
- 6880768
- City
- Phoenix
- Subdivision
- Hilton Place
- Year Built
- 1946
Property Description
1217 E Hess Ave offers an exceptional investment opportunity with an assumable FHA loan at 5.25%. This property is minutes from Downtown Phoenix, Sky Harbor Airport, and major freeways (I-10, Loop 202). The property is surrounded by major employment hubs including ASU's Downtown campus, Phoenix Biomedical Campus, Maricopa County and City of Phoenix government centers, and top corporate employers like Freeport-McMoRan, Honeywell, Wells Fargo, Chase, and APS. Ongoing redevelopment in the Warehouse District and Central City neighborhoods is fueling rental demand from young professionals, students, and healthcare workers. With excellent access to transit, entertainment, and a strong, diverse job market, this property is well-positioned for steady cash flow and long-term appreciation.
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Additional Information
- School District
- Phoenix Union High School District
- Community Features
- No Pool
- Construction
- Wood Frame, Painted, Stucco, Block
- Cooling
- Electric
- Electric
- APS, SRP
- Flooring
- Vinyl
- Heating
- Electric
- New Financing
- No Carry, Conventional, 1031 Exchange, FHA, VA Loan
- Parking Features
- 1 Space/Unit, On Street
- Roofing
- Composition
- Sewer
- Public Sewer
- Subdivision
- Hilton Place
- Taxes
- $681
- Tax Year
- 2024
- Units
- 3
- Water
- City Franchise
- Zoning
- R-3
Courtesy of Compass. 480-776-1555 Selling Office: Conflux.
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