- $7.6M Price
E Polk-kinderman-augusta Street
2122-2124 W Augusta Ave, Phoenix, AZ 85021 (7 Units) ✔ Two fully occupied parcels✔ Stable Rental Income:* All units are fully occupied, ensuring consistent cash flow✔ Residential Loan Potential: Can be purchased using two residential loans, offering favorable financing options✔ Extensive Renovations: Recent upgrades to HVAC, plumbing, electrical, flooring, and more✔ Upgraded Appliances:** New stainless steel appliances in all units (fridge, range, microwave, dishwasher)✔ Modern Bathrooms:** New vanities, toilets, shower valves, and tubs installed✔ Energy Efficiency: Replaced windows with energy-efficient models and upgraded roofing✔ Interior Upgrades: Fresh paint, new flooring, and modernized kitchens with quartz 2122-2124 W Augusta Ave, Phoenix, AZ 85021 (7 Units) Two fully occupied parcels Stable Rental Income:** All units are fully occupied, ensuring consistent cash flow Residential Loan Potential:** Can be purchased using two residential loans, offering favorable financing options Extensive Renovations:** Recent upgrades to HVAC, plumbing, electrical, flooring, and more Upgraded Appliances:** New stainless steel appliances in all units (fridge, range, microwave, dishwasher) Modern Bathrooms:** New vanities, toilets, shower valves, and tubs installed Energy Efficiency:** Replaced windows with energy-efficient models and upgraded roofing Interior Upgrades:** Fresh paint, new flooring, and modernized kitchens with quartz countertops Exterior Improvements:** Landscaped with gravel, artificial grass, and new wooden fences Prime Location:** Conveniently located near amenities, schools, and transportation hubs 7602 E Polk St, Scottsdale, AZ 85257 (6 units) Fully Remodeled - Smooth stucco, tile backsplashes, and dual-pane windows Six Total Units - (4) 2BR/1BA and (2) 1BR/1BA layouts Private Patios & Storage for Each Unit In-Unit Laundry - New Stackable Washers/Dryers Excellent Zoning - R-5 Multifamily Residential Lot Size: 11,021 SF | Building: 4,140 SF Prime Location - Minutes from Old Town, Tempe, and major employers Surrounded by Development - New townhomes being built behind the property Parcel: 131-15-001-Y Scottsdale 85257 - One of the Valley's top-performing rental submarkets 306 & 312 E Kinderman Dr, Avondale, AZ 85323 (13 Units) 13 Total Units: Fully occupied with strong in-place income Major Capital Improvements: Nearly $1M in renovations including interiors, exteriors, systems, and finishes Dishwashers in Every Unit: A standout amenity that enhances rental appeal Stabilized and Turnkey: Minimal deferred maintenance with all units leased Strategic West Valley Location: Minutes from I-10, top employers, shopping, and entertainment High Rental Demand: Avondale continues to experience rapid population and economic growth Investor-Friendly Market: Surrounded by infrastructure projects and booming development Buyer to Verify All Facts and Figures During Due Diligence
Essential Information
- MLS® #6854250
- Price$7,590,000
- Acres0.00
- Year Built1986
- TypeMultiple Dwellings
- StatusActive
Community Information
- CityScottsdale
- CountyMaricopa
- StateAZ
- Zip Code85257
Address
E Polk-kinderman-augusta Street
Amenities
- Parking Spaces35
- ParkingPaved, Free, >1 Space Per Unit
Amenities
Other, See Remarks, Barbecue, No Pool
Interior
- HeatingOther, Individual, Heat Pump
Appliances
Free-Standing Range, Trash Compactor, Disposal, Dishwasher, Refrigerator, Microwave
Cooling
Ceiling Fan(s), Other, Heat Pump, Individual
Exterior
Roof
Other, Composition, Foam, Rolled/Hot Mop
Construction
Wood Frame, Painted, Stucco, Block
School Information
- DistrictScottsdale Unified District
Additional Information
- ZoningM-m
Listing Details
- OfficeGerchick Real Estate
Price Change History for E Polk-kinderman-augusta Street, Scottsdale, AZ (MLS® #6854250)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $7,790,000 to $7,590,000 | ||
| Price Reduced from $7,990,000 to $7,790,000 |
Gerchick Real Estate.
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 September 4th, 2025 at 9:22am MST.