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2421 W GLENROSA Avenue Phoenix, AZ $ 950,000
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2421 W GLENROSA Avenue
$ 950,000
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Share Save

2421 W GLENROSA Avenue

Phoenix, AZ, 85015
$ 950,000
Baths0.0

Monthly Estimate*

$ 5,927

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $950,000. This home was built in 1965.

Remodeled 5-unit multifamily property on a rare 0.57-acre R-3 lot with room for growth. Unit mix includes (3) 2-bed/1-bath and (2) 1-bed/1-bath units, each with a private, fenced-in yard, in-unit washer/dryer, and dishwasher. Renovated in 2021 with new HVACs, main sewer line, windows, doors, and covered parking. Interiors feature wood-look tile flooring, quartz countertops, stainless steel appliances, and remodeled bathrooms. Located in an Arizona Opportunity Zone near Grand Canyon University with easy access to I-17. Strong value-add potential in a transitioning area.

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Multi-Family Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,931

Style

Multiple Dwellings

Year Built

1965

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6801309
Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s) Electric
Roof Composition
Zoning R-3
Construction Materials Wood Frame Painted Stucco
Year Built 1965
Electric APS Master Meter
Township 2N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 89418.7
Community Features No Pool
County Maricopa
Net Operating Income 61032.0
Operating Expense 1931.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name FRUITLAND ACRES
Garage Y/N N
Status Active
Directions Head South on N 19th Ave. Turn right onto W Indian School Rd. Turn right toward N 23rd Ave. Turn right onto N 23rd Ave. Turn left onto W Glenrosa Ave. Home will be on the left.
High School Central High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 5.0
Number Of Units Total 5
Carport Y/N N
Elementary School Westwood Elementary School
Tax Annual Amount 1931.0
Middle/Junior High School Alhambra Traditional School
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://dashboard.listerassister.com/anon/website/virtual_tour/662211?view=mls
Standard Status Active
Occupancy Type Tenant
Elementary School District Alhambra Elementary District
Tax Lot 13
Cap Rate 5.7
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Other Paved Free <1 Space Per Unit Carport
Water Source City Franchise
Total Parking 7.0
Number of Buildings 2
Spa N
Lot Dimensions 300' x 82.74'
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2421
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* Excluded Features
List By
Axen Realty, Llc

Broker

stephen2@asaphomes.com

Email

Affordability Calculator

$6,088
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$161
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4902895 Elementary School
4327402 Middle School
Central High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/6/2025 $950,000 -2.56% Price Down
4/8/2025 $975,000 -8.88% Price Down
1/7/2025 $1,070,000 Listed Price

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2421 W GLENROSA Avenue, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $950,000. 2421 W GLENROSA Avenue is a studio with 0.0 baths and was built in 1965. The property's zip code is 85015 which is in Phoenix, AZ

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