The Excellence Group Real Estate

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$1,695,000
2 Days On Site

1841 W FAIRMOUNT Avenue
Phoenix, AZ 85015

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1982
Built
Subdivision:
LONG ESTATES
County:
Maricopa
Call Now: +1480-599-8019
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+1480-599-8019
1841 W FAIRMOUNT Avenue1841 W FAIRMOUNT Avenue1841 W FAIRMOUNT Avenue1841 W FAIRMOUNT Avenue
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Monthly Payment (Est.)

$7,733
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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 under a state-run organization, with the current master lease expiring in March. 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 tenants. Additionally, the adjacent property at 1829 W Fairmount Avea 3-bedroom, 3-bath homeis also available for purchase from the same owner. A bundle opportunity may be considered for qualified buyers.

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Listing Snapshot
Price 
$1,695,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1982
MLS® Number 
6942492
Status 
Active
Property Tax 
$3,644
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Disclosures 
None
Parking Spaces 
12
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Res Rental
Interior Features
Appliances 
RefrigeratorFree-Standing Gas Oven
Cooling 
Central Air
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Exterior Features
Roof 
TileConcrete
Community Features
Financing Terms Available 
Conventional
School District 
Phoenix Union High School District
Township 
2N
Schools
School District
Phoenix Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of DeLex Realty.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-11-07 04:25 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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