822 E Carol Avenue, Phoenix, AZ 85020
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
Listed by: linda s gerchick
Office: gerchick real estate
MLS#:6952059
Source:ARMLS
Price summary
- Price:$975,000
About this home
This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses.
Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense.
Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membrane—dramatically reducing ongoing grounds maintenance.
Private Outdoor Space for Each Tenant, includi This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses.
Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense.
Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membranedramatically reducing ongoing grounds maintenance.
Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand.
Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stabilityideal for long-term investors.
One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgradesperfect for achieving market rent quickly.
All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs.
Significant Rental Upside, as existing rents are below current market levels for the area.
Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities.
Why This Fourplex Performs Well as an Investment
This asset checks all the boxes for a low-maintenance, high-demand rental investment:
Turnkey exterior improvements already completed
Individual outdoor spaces that support stronger rent premiums
A refreshed vacant unit ready for lease or owner-occupancy
Proven long-term construction type
Strong local renter demand driven by proximity to transit corridors and employment
East Sunnyslope - Phoenix, Arizona
Area Overview for Investors & Buyers**
East Sunnyslope is one of Phoenix's most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base.
Proximity to SR-51 (Highway 51)
East Sunnyslope benefits from immediate access to SR-51, one of Phoenix's primary north-south freeways. This corridor significantly reduces commute times to:
Downtown Phoenix (approx. 10 minutes)
Biltmore Financial District
Phoenix Children's Hospital & Medical Cluster
Sky Harbor International Airport
Scottsdale employment corridors
This connectivity is a major reason residents and investors choose the area.
Major Employers Near East Sunnyslope
While Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents:
Healthcare
HonorHealth John C. Lincoln Medical Center
A major medical employer and long-standing anchor of the Sunnyslope community.
Phoenix Children's Hospital (PCH) - approx. 10 minutes
Abrazo Health / Arizona Heart Hospital - via SR-51 access
Mayo Clinic Hospital - approx. 15-20 minutes north via SR-51
Healthcare continues to be one of Phoenix's strongest and fastest-growing employment sectors.
Government & Education
City of Phoenix administrative and service departments
Arizona Department of Economic Security
Nearby public, charter, and private schools creating local employment stability
Corporate & Office Employment
Easy SR-51 access puts residents within minutes of:
Camelback Corridor financial district
Central Avenue business core
Midtown office towers and professional services firms
Parks, Recreation & Lifestyle
East Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include:
North Mountain Park
A major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits.
Sunnyslope Park
A community-focused park with open green space, sports courts, and family amenities serving local residents.
Arizona Canal Multi-Use Path
A long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems.
Dreamy Draw Recreation Area (via SR-51)
A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve.
Why East Sunnyslope Appeals to Renters & Investors
Urban convenience with mountain views
Fast access to major highways
Close to hospitals, employment centers, and office corridors
Affordable compared to nearby North Central and Biltmore neighborhoods
Strong demand from healthcare workers, young professionals, and long-term tenants
Mixed housing stock with value-add opportunities
Contact an agent
Home facts
- Year built:1977
- Listing ID #:6952059
- Updated:January 16, 2026 at 04:48 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Heat Pump, Individual Cooling
- Heating:Heat Pump, Individual Heating
Structure and exterior
- Year built:1977
Utilities
- Water:City Franchise, Master Meter
Finances and disclosures
- Price:$975,000
- Tax amount:$927 (2025)
New listings near 822 E Carol Avenue
- New
$375,000Active3 beds 2 baths1,530 sq. ft.4419 W Cathy Circle, Glendale, AZ 85308
MLS# 6969712Listed by: REALTY ONE GROUP - New
$417,000Active4 beds 3 baths2,657 sq. ft.3716 S 72nd Lane, Phoenix, AZ 85043
MLS# 6969716Listed by: RE/MAX FINE PROPERTIES - New
$159,900Active1 beds 1 baths576 sq. ft.3033 E Devonshire Avenue #1018, Phoenix, AZ 85016
MLS# 6969728Listed by: REALTY USA SOUTHWEST - New
$380,000Active3 beds 3 baths1,678 sq. ft.6716 S 36th Lane, Phoenix, AZ 85041
MLS# 6969758Listed by: ROAM BROKERAGE - New
$2,500,000Active0.86 Acres4659 E Rockridge Road #3, Phoenix, AZ 85018
MLS# 6969659Listed by: ARIZONA BEST REAL ESTATE - New
$550,000Active3 beds 3 baths1,801 sq. ft.3935 E Rough Rider Road #1285, Phoenix, AZ 85050
MLS# 6969665Listed by: CANAM REALTY GROUP - New
$1,595,000Active5 beds 5 baths3,213 sq. ft.21627 N 59th Way, Phoenix, AZ 85054
MLS# 6969672Listed by: RUSS LYON SOTHEBY'S INTERNATIONAL REALTY - New
$397,990Active3 beds 2 baths1,513 sq. ft.16524 W Whispering Wind Drive, Phoenix, AZ 85001
MLS# 6969673Listed by: PCD REALTY, LLC - New
$100,000Active2 beds 1 baths992 sq. ft.2132 W Glenrosa Avenue #81D, Phoenix, AZ 85015
MLS# 6969675Listed by: BEST HOMES REAL ESTATE - New
$795,000Active-- beds -- baths322 N 11th Place, Phoenix, AZ 85006
MLS# 6969679Listed by: EXP REALTY
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.