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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

1002 E Fairmount Avenue, Phoenix, AZ – $730,000

  • $730k Price
  • $730k Price

1002 E Fairmount Avenue

Seller financing is available with a minimum 20% down payment & 4% Interest Rate . This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance. In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club

Essential Information

  • MLS® #6822102
  • Price$730,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1930
  • TypeMultiple Dwellings
  • StatusActive Under Contract

Community Information

  • Address1002 E Fairmount Avenue
  • SubdivisionKAY TRACT
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85014

Amenities

  • AmenitiesNo Pool
  • Parking Spaces4

Parking

Add'l Parking Avail, 1 Space/Unit, On Street

Interior

  • AppliancesBuilt-In Range
  • HeatingElectric
  • CoolingCeiling Fan(s), Electric

Exterior

  • RoofComposition
  • ConstructionPainted, Block

School Information

District

Phoenix Union High School District

Additional Information

  • ZoningR-3

Listing Details

  • OfficeABI Multifamily
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Price Change History for 1002 E Fairmount Avenue, Phoenix, AZ (MLS® #6822102)

Date Details Change
Status Changed from Active to Active Under Contract
Price Reduced from $745,000 to $730,000 $15,000 (2.01%)
Price Reduced from $795,000 to $745,000 $50,000 (6.29%)

ABI Multifamily.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 10th, 2025 at 1:15am MST.