2015 E EUGIE Terrace Phoenix, AZ ^$ 1,325,000

2015 E EUGIE Terrace

^$ 1,325,000

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2015 E EUGIE Terrace

Phoenix, AZ, 85022

^$ 1,325,000

Studio Baths0.0

Monthly Estimate*

^$ 8,158

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,325,000. This home was built in 1985.

This 7-unit property boasts a fully renovated interior and in-unit washers and dryers in every residence, delivering a truly turn-key investment in the heart of North Phoenix. Situated in the established North Mountain submarket, the area continues to benefit from sustained population growth and strong demand for quality rental housing. With a uniform 2-bedroom/1-bathroom unit mix, 100% occupancy, and a proven history of long-term tenancy, this property stands out as an exceptional stabilized investment already generating consistent cash flow.

Multi-Family Active

Price

^$ 1,325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,953

Style

Multiple Dwellings

Year Built

1985

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7010684

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Composition

Zoning R-3

Construction Materials Wood Frame Painted Block

Year Built 1985

Electric APS

Township 3N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 111000.0

Community Features No Pool

County Maricopa

Net Operating Income 87883.0

Operating Expense 13700.88

Insurance Expense 4172.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name SUN SAND BLK 1-3

Garage Y/N N

Status Active

City Phoenix

Disclosures None

High School District Paradise Valley Unified District

Open Parking Spaces 12.0

Number Of Units Total 7

Carport Y/N N

Tax Annual Amount 1953.0

Electric Expense 571.0

Fuel Expense 475.0

Trash Expense 1655.88

Water Sewer Expense 3674.0

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 Paradise Valley Unified District

Tax Lot 11

Cap Rate 6.63

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Laminate

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features >1 Space Per Unit

Water Source City Franchise

Total Parking 12.0

Number of Buildings 2

Spa N

Lot Dimensions Normal

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2015

* Excluded Features

List By

Orion Investment Real Estate

Broker

jackson.everhart@orionprop.com

Affordability Calculator

$8,321

Per Month

Monthly Principal & Interest: $8,158
Monthly Property Taxes: $163
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,271,479

Percent of Sale Price 4%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327901 Elementary School

4328081 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2026	$1,325,000		Listed Price

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2015 E EUGIE Terrace, Phoenix, AZ, 85022 is a Multi-Family Home for sale at $1,325,000. 2015 E EUGIE Terrace is a studio with 0.0 baths and was built in 1985. The property's zip code is 85022 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/13/2026.

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2015 E EUGIE Terrace

Multi-Family Home for sale in Phoenix, AZ

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