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

$1,400,000

Est. payment - /mo

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

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, with the current master lease expiring in March. Appraisal completed Sept 2025 and available upon request. 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

Read Less Info

Listed by DeLex Realty

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

10

Alhambra Traditional School

Public | KG - 8
10

Arizona School for the Arts

Public | 5 - 12
10

Faith North Elementary School

Public | PK - 8
10

Madison Traditional Academy

Public | KG - 8
9

All Aboard Charter School

Public | KG - 5
8

Madison Meadows School

Public | 5 - 8
8

Madison Rose Lane School

Public | PK - 5
7

Amerischools Academy - Camelback

Public | KG - 12
6

Bennett Academy

Public | KG - 8
6

Magnet Traditional School

Public | KG - 8
5

Catalina Ventura School

Public | KG - 8
5

Sevilla West School

Public | 4 - 8
5

Sevilla Primary School

Public | KG - 3
5

Academy of Mathematics and Science South

Public | KG - 8
5

Granada Primary School

Public | KG - 3
5

Pan-American Charter School

Public | KG - 12
5

Westwood Primary School

Public | KG - 3
5

Clarendon School

Public | PK - 8
5

Kenilworth Elementary School

Public | PK - 8
5

New World Educational Center

Public | KG - 12

Middle Schools 8

7

Metropolitan Arts Institute

Public | 7 - 12
5

Osborn Middle School

Public | 7 - 8
4

Imagine Camelback Middle School

Public | 6 - 8
2

Isaac Middle School

Public | 6 - 8
2

Morris K. Udall Escuela de Bellas Artes

Public | 6 - 8
1

The Learning Institute

Public | 7 - 12
0

Brophy College Preparatory

Private | 6 - 12
0

Arizona Insight Academy

Public | 7 - 12

High Schools 20

10

Phoenix Union Bioscience High School

Public | 9 - 12
8

Franklin Police and Fire High School

Public | 9 - 12
7

Washington High School

Public | 9 - 12
7

Metro Tech High School

Public | 9 - 12
7

Phoenix College Preparatory Academy

Public | 9 - 12
6

Asu Preparatory Academy- Phoenix High School

Public | 9 - 11
5

Girls Leadership Academy of Arizona

Public | 9 - 12
5

North High School

Public | 9 - 12
4

Alhambra High School

Public | 9 - 12
4

Glenview College Preparatory High School

Public | 9 - 12
4

Carl Hayden High School

Public | 9 - 12
4

Central High School

Public | 9 - 12
2

Arizona Collegiate High School

Public | 9 - 12
1

West Phoenix High School

Public | 9 - 12
1

Arizona Call-a-Teen Center for Excellence

Public | 9 - 12
1

Kaizen Education Foundation Dba Summit High School

Public | 9 - 12
0

Bourgade Catholic High School

Private | 9 - 12
0

Career Success High School - Main Campus

Public | 9 - 12
0

Career Success High School - Glendale

Public | 9 - 12
0

Bostrom Alternative Center

Public | 9 - 12

School and business data provided by Attom Data.

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