1841 W Fairmount Ave

Phoenix, AZ 85015
  • $1,595,000

    Price
  • 10

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing dele002 - pe072,de100

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.

Listing Highlights

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® 6942492
Year Built 1982
Total Square Footage 0
Lot/Acreage N/A
County Maricopa
Neighborhood Long Estates
School District Osborn Elementary District

Interior Details

  • Bedrooms: 10
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Tile,Concrete
  • Others:
  • Sewer: Public Sewer
  • Parking Features: 1 Space/Unit

Financial Details

  • Tax Amount: $3,644
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 110-07-001
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

1841 W Fairmount Ave Phoenix, AZ 85015

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way