1123 E Sierra Vista Drive, Phoenix, AZ 85014

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1123 E Sierra Vista Drive,Phoenix, AZ 85014
$3,200,000
  • 38 Beds
  • 38 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: colin kreager, mitchell drake
Office: abi multifamily
MLS#:7098169
Source:ARMLS

Price summary

  • Price:$3,200,000

About this home

Sierra Vistas Apartments is a 24-unit community offering a rare value-add opportunity in one of North Central Phoenix's most desirable and supply-constrained rental markets. Built in 1957, the two-story, garden-style community consists of (2) studios, (8) 1-bed/1-bath units, and (14) large 2-bed/2-bath units. Residents enjoy an on-site pool, a landscaped courtyard, community laundry, & covered parking. The property offers substantial upside through interior, exterior, & system renovations, giving a new owner the opportunity to unlock meaningful rental growth in a neighborhood with consistently strong tenant demand. Master-metered electric & a central chiller/boiler present further opportunities for a buyer to implement a capital improvement strategy tailored to their investment objectives. Situated in a quiet pocket of the highly sought-after 85014 zip code, the property offers residents convenient access to the Uptown Corridor, the Biltmore, Phoenix Mountains, SR-51, premier...

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Home facts

  • Year built:1957
  • Listing ID #:7098169
  • Updated:October 30, 2026 at 05:12 PM

Rooms and interior

  • Bedrooms:38
  • Total bathrooms:38
  • Flooring:Carpet, Tile, Vinyl

Heating and cooling

  • Cooling:Chiller System
  • Heating:Central

Structure and exterior

  • Year built:1957
  • Construction Materials:Block, Painted

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$3,200,000
  • Tax amount:$14,179 (2025)

Parking

  • Total parking spaces:33
  • Parking description:1 Parking Space/Unit, Carport
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