Great triplex investment with mountain views! This value offers three separate units, each approximately 700 sq ft. Unit #1 is tenant-occupied, generating $1,110 in monthly rent, while Units #2 and #3 are vacant and ready for immediate occupancy. Each unit features an eat-in kitchen, a living room, tile flooring throughout high-traffic areas, two bedrooms with walk-in closets, and a full bathroom. Residents enjoy access to the large backyard, plus two assigned parking spaces per unit. The location has a bus stop right on the corner, nearby restaurants, shops, North Mountain & Shaw Butte Preserves, Peoria Ave, Winifred Green Park, and easy access to the I-17 fwy. Great multi-family investment, or multi-generational living, or house hacking!
For sale
$480,000
1702 W SHANGRI LA Road, Phoenix, AZ 85029
6beds
3baths
2,100sqft
Est.:
Multi Family
Built in 2002
-- sqft lot
$475,600 Zestimate®
$229/sqft
$-- HOA
What's special
Eat-in kitchenLarge backyard
- 32 days |
- 460 |
- 24 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: February 21, 2026 at 08:04am
Listed by:
Daniel Rosenbaum 480-319-2010,
Rosenbaum Realty Group
Source: ARMLS,MLS#: 6987996

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Built-In Range, Refrigerator
Features
- Flooring: Tile, Laminate, Carpet
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved, Assigned, >1 Space Per Unit
- Uncovered spaces: 6
Lot
- Dimensions: 96 x 68 x 24 x 76 x 81
Details
- Parcel number: 15912046Q
- Zoning: RESIDENTIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 2002
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $448,100
- Annual tax amount: $1,223
- Date on market: 2/22/2026
- Cumulative days on market: 33 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$475,600
$452,000 - $499,000
$1,690/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Listed for sale | $480,000+197.2%$229/sqft |
Source: | ||
| 10/18/2022 | Listed for rent | $1,099$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/9/2022 | Listed for rent | $1,099$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/13/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/2/2021 | Listed for rent | $1,099$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/29/2015 | Sold | $161,500-4.9%$77/sqft |
Source: | ||
| 7/2/2015 | Listed for sale | $169,900$81/sqft |
Source: Keller Williams Realty Biltmore Partners #5301516 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,206 +3.9% | $44,810 -0.2% |
| 2024 | $1,160 +1.8% | $44,920 +414.5% |
| 2023 | $1,140 +2% | $8,730 -63.8% |
| 2022 | $1,118 +1.3% | $24,110 +18.1% |
| 2021 | $1,104 +1.9% | $20,410 +9.1% |
| 2020 | $1,084 +2.7% | $18,710 +13.5% |
| 2019 | $1,056 | $16,480 +19.2% |
| 2018 | $1,056 +0.5% | $13,830 +24.6% |
| 2017 | $1,050 +10% | $11,100 +4.6% |
| 2016 | $955 | $10,610 +21.1% |
| 2015 | $955 | $8,760 +20.5% |
| 2014 | -- | $7,270 +43.1% |
| 2013 | -- | $5,080 -10.2% |
| 2012 | -- | $5,660 -27.7% |
| 2011 | -- | $7,830 -32.7% |
| 2010 | -- | $11,630 -39.9% |
| 2009 | -- | $19,350 -0.5% |
| 2008 | -- | $19,450 +7.5% |
| 2007 | -- | $18,100 +49% |
| 2006 | -- | $12,150 |
| 2005 | -- | $12,150 +32.1% |
| 2004 | -- | $9,200 +248.5% |
| 2003 | -- | $2,640 -34% |
| 2002 | -- | $4,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,577/mo
Principal & interest
$2413
Property taxes
$164
More affordability tools
Climate risks
Neighborhood: North Mountain
Nearby schools
GreatSchools rating
- 5/10Shaw Butte SchoolGrades: PK-6Distance: 0.8 mi
- 7/10Royal Palm Middle SchoolGrades: 5-8Distance: 1.8 mi
- 9/10Sunnyslope High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Sunnyslope Elementary School
- Middle: Sunnyslope Elementary School
- High: Sunnyslope High School
- District: Washington Elementary School District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 85029
- Arizona
- Maricopa County
- Phoenix
- 85029
- North Mountain
- 1702 W SHANGRI LA Road





