Homes for sale - 1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,695,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Long Estates

MLS Listing ID 6942492

Year Built 1982

Annual Tax Amount $3,644

Tax Year 2024

Lot Dimensions 128 x 146

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Exceptional Investment Opportunity - 10-Unit Apartment Complex with Strong Value-Add Potential
Discover an incredible opportunity to acquire a well-maintained 10-unit multifamily property offering consistent income and long-term upside. This garden-style community, originally constructed in 1971 and 1992, features nine one-bedroom/one-bath units and one two-bedroom/one-bath unit—each equipped with individual electric meters, dedicated HVAC systems, and separate storage lockers.
The property provides 12 off-street parking spaces and a shared community laundry room for resident convenience. The complex has been fully leased and professionally managed for many years under a state-run organization, with the current master lease expiring in March. Ownership currently receives a single monthly payment and is responsible only for property taxes.
Showings are available by appointment only with a minimum of 24 hours' notice. Please do not disturb tenants.
Additionally, the adjacent property at 1829 W Fairmount Avea 3-bedroom, 3-bath homeis also available for purchase from the same owner. A bundle opportunity may be considered for qualified buyers.

Location

State AZ

County Maricopa

Community Long Estates

Area Maricopa

Zoning Res Rental

Interior

Cooling Central Air

Flooring Flooring

Appliance Refrigerator, Free-Standing Gas Oven

Exterior

Parking Features 1 Space/Unit

Community Features No Pool

Roof Type Tile,Concrete

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 110-07-001

Acceptable Financing No Carry, Conventional

Disclosures None

Listing Terms No Carry, Conventional

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Listed by DeLex Realty

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