1841 W FAIRMOUNT Avenue Phoenix, AZ $ 1,595,000
1841 W FAIRMOUNT Avenue
$ 1,595,000
Share Save

1841 W FAIRMOUNT Avenue

Phoenix, AZ, 85015
$ 1,595,000
Baths0.0

Monthly Estimate*

$ 9,951

1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 1
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 2
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 3
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 4
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 5
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 6
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 7
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 8
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 9
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 10
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 11
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 12
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 13
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 14
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 15
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 16
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 17
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 18
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 19
1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 - Image 20
Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,595,000. This home was built in 1982.

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. Ownership currently receives a single monthly payment and is responsible only for property taxes. Showings are available by appointment only with a minimum of 24 hours' notice. Please do not disturb tenants. Additionally, the adjacent property at 1829 W Fairmount Avea 3-bedroom, 3-bath homeis also available for purchase from the same owner. A bundle opportunity may be considered for qualified buyers.

See more

Multi-Family Active

Price

$ 1,595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,644

Style

Multiple Dwellings

Year Built

1982

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6942492

Features
General
Sewer Public Sewer
Cooling Central Air
Roof Tile Concrete
Zoning Res Rental
Construction Materials Wood Frame Painted
Year Built 1982
Electric APS
Township 2N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 0.0
Community Features No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 3644.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name LONG ESTATES
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 12.0
Number Of Units Total 10
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 3644.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Osborn Elementary District
Tax Lot 1
New Financing: Conventional True
Senior Community N
New Financing: Cash True
See more
Exterior
Parking Features 1 Space/Unit
Water Source City Franchise
Total Parking 12.0
Lot Size Area 0.0
Number of Buildings 2
Spa N
Lot Dimensions 128 x 146
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Air Conditioning Y/N Y
Heating Y/N N
Total Baths 0
See more
Internal Only
Street Number 1 1841
See more
* Excluded Features
List By
Delex Realty

Broker

paul@phoenixhomerealtor.com

Email

Affordability Calculator

$10,254
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,951
Monthly Property Taxes
$304
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$1,595,000 -5.90% Price Down
11/4/2025$1,695,000 Listed Price

Map


See all

1841 W FAIRMOUNT Avenue, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $1,595,000. 1841 W FAIRMOUNT Avenue is a studio with 0.0 baths and was built in 1982. The property's zip code is 85015 which is in Phoenix, AZ