2020 W Orangewood Avenue, Phoenix, AZ 85021

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
2020 W Orangewood Avenue,Phoenix, AZ 85021
$3,895,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bradley skenderian
Office: matthews real estate investment services
MLS#:7004263
Source:ARMLS

Price summary

  • Price:$3,895,000

About this home

The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

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Home facts

  • Year built:1986
  • Subdivision & Development:TERRA BELLA
  • Listing ID #:7004263
  • Updated:August 22, 2026 at 03:37 PM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:Individual Cooling
  • Heating:Electric, Individual Heating

Structure and exterior

  • Year built:1986
  • Construction Materials:Painted, Stucco

Utilities

  • Water:City Franchise, Master Meter

Finances and disclosures

  • Price:$3,895,000
  • Tax amount:$5,371 (2025)

Parking

  • Total parking spaces:27
  • Parking description:1 Parking Space/Unit, Paved
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