Back to search
1021 E FAIRMOUNT Avenue Phoenix, AZ $ 2,100,000
Share Save
$ 2,100,000 Get more info
1021 E FAIRMOUNT Avenue
$ 2,100,000
Back to search
Recently Listed
Share Save

1021 E FAIRMOUNT Avenue

Phoenix, AZ, 85014
$ 2,100,000
Baths0.0

Monthly Estimate*

$ 12,930

1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 1
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 2
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 3
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 4
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 5
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 6
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 7
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 8
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 9
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 10
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 11
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 12
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 13
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 14
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 15
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014 - Image 16
Studio

Multi-Family Home for sale in Phoenix, AZ

for $2,100,000. This home was built in 1964.

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

See more
Multi-Family Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,003

Style

Multiple Dwellings

Year Built

1964

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6997176
Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Natural Gas
Cooling Electric
Roof Composition
Zoning R-3
Construction Materials Wood Frame Painted Block
Year Built 1964
Electric APS Individual Meter
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 156279.0
Community Features No Pool
County Maricopa
Net Operating Income 126747.0
Operating Expense 29218.0
Insurance Expense 4200.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 2604.0
Subdivision Name WEST IDLEWILDE
Garage Y/N Y
Status Active
High School North High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 1.0
Number Of Units Total 8
Carport Y/N N
Elementary School Longview Elementary School
Tax Annual Amount 4003.0
Electric Expense 945.0
Middle/Junior High School Longview Elementary School
Water Sewer Expense 6005.0
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
Cap Rate 6.04
New Financing: Conventional True
Senior Community N
New Financing: Cash True
See more
Exterior
Exterior Amenities Sidewalk(s)
Parking Features On Street Carport
Water Source City Franchise
Total Parking 5.0
Number of Buildings 3
Spa N
Lot Dimensions 19533
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
See more
Internal Only
Street Number 1 1021
See more
* Excluded Features
List By
Matthews Real Estate Investment Services

Broker

brad.skenderian@matthews.com

Email

Affordability Calculator

$13,264
Per Month
97%
3%
0%
Monthly Principal & Interest
$12,930
Monthly Property Taxes
$334
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.
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
4328222 Elementary School
4328222 Middle School
North High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2026$2,100,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1021 E FAIRMOUNT Avenue, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $2,100,000. 1021 E FAIRMOUNT Avenue is a studio with 0.0 baths and was built in 1964. The property's zip code is 85014 which is in Phoenix, AZ

Get more info