7549 N 21ST Avenue Phoenix, AZ $ 810,000
7549 N 21ST Avenue
$ 810,000
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7549 N 21ST Avenue

Phoenix, AZ, 85021
$ 810,000
Baths0.0

Monthly Estimate*

$ 4,987

7549 N 21ST Avenue, Phoenix, AZ 85021 - Image 1
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Studio

Multi-Family Home for sale in Phoenix, AZ

for $810,000. This home was built in 2003.

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only,  please do not disturb tenants. No sign on the property.

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Multi-Family Active

Price

$ 810,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,490

Style

Multiple Dwellings

Year Built

2003

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6951436

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Heat Pump Electric
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning R-3
Construction Materials Wood Frame Painted Stucco
Year Built 2003
Electric SRP
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 64344.68
Community Features No Pool
County Maricopa
Net Operating Income 9483.37
Operating Expense 16356.45
Insurance Expense 2001.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name MORTEN AVENUE ESTATES
Garage Y/N N
Status Active
Directions West on Northern to 21st Avenue South to the property on the East side of 21st Avenue
High School Washington High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Glendale Union High School District
Open Parking Spaces 6.0
Number Of Units Total 4
Carport Y/N N
Elementary School Orangewood School
Tax Annual Amount 2490.0
Electric Expense 345.84
Fuel Expense 0.0
Middle/Junior High School Orangewood School
Water Sewer Expense 3335.62
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Washington Elementary School District
Tax Lot 3
Cap Rate 1.22
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Parking Features Paved Assigned <1 Space Per Unit
Water Source City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 10639
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 7549
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* Excluded Features
List By
Az Flat Fee

Broker

offers@azflatfee.com

Email

Affordability Calculator

$5,195
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,987
Monthly Property Taxes
$208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4327776 Elementary School
4327118 Middle School
Washington High School High School
Pricing History
Date Price Price Change Description
11/25/2025 $780,000 Listed Price

Map


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7549 N 21ST Avenue, Phoenix, AZ, 85021 is a Multi-Family Home for sale at $810,000. 7549 N 21ST Avenue is a studio with 0.0 baths and was built in 2003. The property's zip code is 85021 which is in Phoenix, AZ