1841 W FAIRMOUNT AVENUE
Phoenix AZ 85015

$1,695,000
Price

0.0
Beds

0.0
Baths

0
Sqft

homeListing Details:

Listing ID: 6942492
Updated: 11/4/2025 9:11am

Status Active/For Sale
Days On Market N/A
Taxes $3,644.00
HOA $0.00/********
Type N/A
Open Parking 12
Year Built 1982
Lot Size 0.00
County Maricopa
Listed By DeLex Realty

descriptionDescription:

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.

mapProperty Location:

Listed By: DeLex Realty | Paul D Eide 520-265-6841 | Debby Covert 602-708-9517

Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.



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