220 S 3rd Ave, Avondale, AZ 85323

Multifamily · Avondale · Phoenix metro, AZ

One of 78 reachable multifamily buildings in Avondale. Larger than 61% of multifamily buildings in Avondale (median 2,888 SF), derived from assessor records.

County gross building area
11,088 SF, Maricopa County Assessor
Lot size
45,756 SF, Maricopa County Assessor
Year built
1963, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Buildings on parcel
4, Maricopa County Assessor
Predominant use
Fourplex - 2 To 4 Fourplex Buildings, Maricopa County Assessor
Units
16, Maricopa County Assessor
Assessed value
$2,109,800, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$190.28/SF, derived from assessor records
Building area / lot
0.24, derived from assessor records
Vintage
1960s vintage
County use code
FOURPLEX - 2 TO 4 FOURPLEX BUILDINGS

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

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Sale history and market context

MakeMe Estimate: $2.66M (estimated market value), with a likely range of $2.13M to $3.16M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $2,109,800 times a 1.26 market ratio, measured from 3891 verified arm's-length sale prices vs county values (multifamily sales across the county, through 2026-06-29). Not an appraisal. How this estimate works. About $166K per unit at the midpoint (16 units).

lower confidence: 2 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point.

Comparable sales used as evidence

Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.

Last sold: 2019-04-01 for $1,400,000 (recorded arm's-length sale).

Current ownership dates to 2019 (about 7 years) per recorded transfers.

Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

$0$1M$2M$3M$4M20192021202320252027Last sold $1.4M · 2019$2.66M$2.11MCounty assessed valueRecorded sale

Dark line: county assessed value per Maricopa County tax rolls. Diamonds: recorded arm's-length sales.

Land, site, and value history

Assessed value moved from $1,817,100 (2026) to $2,109,800 (2027), up 16% over 1 years, per county tax rolls. The 2027 roll splits $2,109,800 into $421,900 land and $1,687,900 improvements.