1021 E Fairmount Avenue, Phoenix, AZ 85014

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1021 E Fairmount Avenue,Phoenix, AZ 85014
$1,950,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bradley skenderian, kyle inman
Office: matthews real estate investment services
MLS#:6997176
Source:ARMLS

Price summary

  • Price:$1,950,000

About this home

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

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Home facts

  • Year built:1964
  • Subdivision & Development:WEST IDLEWILDE
  • Listing ID #:6997176
  • Updated:July 30, 2026 at 03:27 PM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:Electric
  • Heating:Natural Gas

Structure and exterior

  • Year built:1964
  • Construction Materials:Block, Painted

Schools

  • High school:North High School
  • Middle school:Longview Elementary School
  • Elementary school:Longview Elementary School

Utilities

  • Water:City Franchise
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$1,950,000
  • Tax amount:$4,003 (2025)

Parking

  • Total parking spaces:5
  • Parking description:Carport
  • Garage:Yes
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