1421 E FILLMORE Street Phoenix, AZ $ 850,000
1421 E FILLMORE Street
$ 850,000
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1421 E FILLMORE Street

Phoenix, AZ, 85006
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,234

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $850,000. This home was built in 1983.

Well-maintained four-unit apartment community located in the Garfield Submarket. Built in 1983, the property is comprised entirely of two-bedroom, one-bath units. Each of the units have been upgraded to various levels by current ownership, with the most recently remodeled unit renting for $1,425 plus RUBS; however future ownership will be able to capture additional value-add upside through further interior and exterior upgrades. New roof in 2021. The property also sits on a .25 acre lot, so there is also potential to build additional units. 1421 E Fillmore St presents a compelling opportunity to acquire a value-add asset in a centralized, high growth location with both immediate income potential and long-term upside. Great opportunity for investor or owner-occupant

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Multi-Family Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,859

Style

Multiple Dwellings

Year Built

1983

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6978472

Features
General
Sewer Public Sewer
Heating Individual Electric
Cooling Other See Remarks
Roof Composition
Zoning R4
Construction Materials Wood Frame Stucco
Year Built 1983
Electric SRP
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 61247.0
Community Features No Pool
County Maricopa
Net Operating Income 49683.0
Operating Expense 17342.0
Insurance Expense 3739.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 4044.0
Subdivision Name KNUTZEN TRACT
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 10.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 1859.0
Water Sewer Expense 3782.0
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 Phoenix Elementary District
Tax Lot 6
Cap Rate 5.85
New Financing: Conventional True
Senior Community N
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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 >1 Space Per Unit
Water Source City Franchise
Total Parking 10.0
Number of Buildings 1
Spa N
Lot Dimensions 10867
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1421
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* Excluded Features
List By
Matthews Real Estate Investment Services

Broker

brad.skenderian@matthews.com

Email

Affordability Calculator

$5,389
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$155
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$850,000 Listed Price

Map


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1421 E FILLMORE Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $850,000. 1421 E FILLMORE Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 85006 which is in Phoenix, AZ