This pristine seven unit complex is located in the coveted 85016 zip code on a quiet, dead-end street. 7.68 CAP on actual numbers. High-quality new construction across the street. This pocket is arguably one of the nicest you will find in Phoenix. In close proximity to the Biltmore Corridor, Arcadia Lite, PHX Children's Hospital & PHX Country Club. Premium rental market. Stabilized 7.68 CAP with 100% occupancy (master leased to 9/30/2027)-hard to match this! Completely renovated a few years ago from top-to-bottom. Upgrades include, but are not limited to, plumbing/electrical/HVACs/roofs/windows/carpentry/landscaping & more. All 1 bedroom units (507 sf +/-) over three single-story buildings. 11,382 sf lot. R-3 zoning. 1954 build. T-12 in documents.
Paved, Add'l Parking Avail, 1 Space/Unit
Other, Disposal, Dishwasher, Refrigerator, Free-Standing Gas Oven, See Remarks, Microwave
Individual, Heat Pump, Electric
Central Air, See Remarks, Electric, Heat Pump, Individual
Phoenix Union High School District
Better Homes & Gardens Real Estate SJ Fowler
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,450,000 to $1,399,000 | ||
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Better Homes & Gardens Real Estate SJ Fowler.
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Listing information last updated on December 19th, 2025 at 4:05pm MST.