$537,000
$575,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/12/2026
Key Details
Sold Price $537,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Avalon Blocks 5-8
MLS Listing ID 7011513
Sold Date 06/12/26
Year Built 1960
Annual Tax Amount $1,435
Tax Year 2025
Lot Dimensions 128.99x74.93
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Calling all investors! Incredible opportunity to own a fourplex in the heart of Phoenix with major upside potential. This property offers a strong value-add opportunity for the right buyer ready to complete renovations and maximize income.
Unit 1 has been fully demoed and is ready for renovation, offering a blank slate to create a turnkey 3-bedroom, 2-bath unit with in-unit laundry.
Units 3 and 4 have been partially remodeled and are awaiting completion. Both units are 1-bedroom, 1-bath layouts.
Units 1, 3, and 4 are currently vacant. Unit 2 is tenant occupied at this time, though the tenant is expected to vacate. Whether you're looking to renovate and hold, reposition for stronger rents, or add to your investment portfolio, this fourplex presents a rare opportunity in a desirable central Phoenix location.
Location
State AZ
County Maricopa
Community Avalon Blocks 5-8
Area Maricopa
Zoning Multi
Direction Thomas & 24th ST Directions: North on 24th St to Harvard west to property
Interior
Heating Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Built-In Electric Oven
Exterior
Parking Features Carport
Community Features No Pool
Roof Type Built-Up
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools William T Machan Elementary School
Middle Schools William T Machan Elementary School
High Schools Camelback High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-08-024
Disclosures None
Financing Other
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Bought with Non-MLS Office
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