1841 W Fairmount Avenue, Phoenix, AZ 85015

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1841 W Fairmount Avenue,Phoenix, AZ 85015
$1,400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: paul d eide, debby covert
Office: delex realty
MLS#:6942492
Source:ARMLS

Price summary

  • Price:$1,400,000

About this home

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...

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Home facts

  • Year built:1982
  • Listing ID #:6942492
  • Updated:March 19, 2026 at 03:10 PM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1982
  • Construction Materials:Painted

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,400,000
  • Tax amount:$3,644 (2024)

Parking

  • Total parking spaces:12
  • Parking description:1 Parking Space/Unit
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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