525 S 2nd St, Avondale, AZ 85323
Multifamily · Avondale · Phoenix metro, AZ
One of 78 reachable multifamily buildings in Avondale. Larger than 54% of multifamily buildings in Avondale (median 2,888 SF), derived from assessor records.
- County gross building area
- 3,936 SF, Maricopa County Assessor
- Lot size
- 13,365 SF, Maricopa County Assessor
- Year built
- 1970, Maricopa County Assessor
- Stories
- 1, Maricopa County Assessor
- Buildings on parcel
- 2, Maricopa County Assessor
- Predominant use
- Triplex - 2 To 4 Triplex Buildings, Maricopa County Assessor
- Assessed value
- $608,300, per the Maricopa County Assessor (not a market appraisal)
- Assessed value per building SF
- $154.55/SF, derived from assessor records
- Building area / lot
- 0.29, derived from assessor records
- Vintage
- 1970s vintage
- County use code
- TRIPLEX - 2 TO 4 TRIPLEX BUILDINGS
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 615 S 3rd St, Avondale · 0.1 mi · 2,888 SF · built 1978 · assessed $169.70/SF
- 724 S 1st St, Avondale · 0.1 mi · 1,848 SF · built 1981 · assessed $177.33/SF
- 417 E Randy St, Avondale · 0.1 mi · 1,680 SF · built 1973 · assessed $180.42/SF
- 228 S 2nd St, Avondale · 0.2 mi · 1,981 SF · built 1949 · assessed $175.16/SF
- 231 S 1st St, Avondale · 0.3 mi · 2,110 SF · built 1955 · assessed $172.37/SF
- 629 E Dee St, Avondale · 0.3 mi · 1,181 SF · built 1955 · assessed $249.96/SF
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Sale history and market context
MakeMe Estimate: $768K (estimated market value), with a likely range of $613K to $910K (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $608,300 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.
lower confidence: 11 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 86% above the $105.04/SF median of the shown comparable sales.
Comparable sales used as evidence
- 228 S 2nd St, Avondale: $354,000 (2022-06), 1,981 SF, $178.70/SF, 0.2 mi away
- 220 S 3rd Ave, Avondale: $1,400,000 (2019-04), 11,088 SF, $126.26/SF, $87,500/door, 0.5 mi away
- 115 W Hill Dr, Avondale: $935,000 (2018-02), 12,638 SF, $73.98/SF, $66,786/door, 0.5 mi away
- 114 W Hill Dr, Avondale: $150,000 (2020-01), 1,428 SF, $105.04/SF, 0.6 mi away
- 100 W Hill Dr, Avondale: $85,000 (2017-08), 2,123 SF, $40.04/SF, 0.6 mi away
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 11 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.
Last sold: 2015-03-01 for $137,750 (recorded arm's-length sale).
Current ownership dates to 2015 (about 11 years) per recorded transfers.
- 2015-03-01: $137,750 from Private party to Gold Brick Investments LLC, rec. 150213112
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $933,100 (2026) to $608,300 (2027), down 35% over 1 years, per county tax rolls. The 2027 roll splits $608,300 into $121,600 land and $486,700 improvements.