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2230 W MORTEN Avenue Phoenix, AZ $ 355,000
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2230 W MORTEN Avenue
$ 355,000
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2230 W MORTEN Avenue

Phoenix, AZ, 85021
$ 355,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,452

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Multi-Family Home for sale in Phoenix, AZ

for $355,000 with 5 bedrooms. This home was built in 1944.

EXCEPTIONAL REDEVELOPMENT & INVESTMENT OPPORTUNITY IN PHOENIX! Unlock the potential of this unique property featuring a main residence, separate cottage, and swimming pool! Situated in a growing Phoenix area with strong rental demand, this property presents an exciting opportunity for investors, developers, or those looking to expand their real estate portfolio. With R-3 multifamily zoning, the possibilities are worth exploring! Surrounding properties include multifamily developments with up to six units, highlighting the area's investment potential. Whether you're considering additional rental units, redevelopment, or maximizing the existing improvements, this property offers plenty of possibilities. Buyers are encouraged to consult with the City of Phoenix Planning and Development Department to verify zoning, density allowances, and development requirements. Prime investment potential, multiple existing structures, and room to envision something more -- don't miss this opportunity to capitalize on Phoenix's continued growth!

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Multi-Family Active

Price

$ 355,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,349

Style

Multiple Dwellings

Year Built

1944

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7092105
Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Roof Composition
Zoning R-3
Construction Materials Wood Frame Siding
Year Built 1944
Electric SRP
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 198000000.0
Community Features See Remarks
County Maricopa
Net Operating Income 20000.0
Operating Expense 1349.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name VISTA INCOME ESTATES 2
Garage Y/N N
Status Active
Directions Northern to 23rd Ave---South to Morten--East to 2230 on the North side
High School Glendale High School
City Phoenix
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 8.0
Number Of Units Total 3
Carport Y/N N
Elementary School Washington Elementary School
Tax Annual Amount 1349.0
Middle/Junior High School Washington Elementary School District Online Learning Academ
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 Vacant
Elementary School District Washington Elementary School District
Tax Lot 100
Cap Rate 5.63
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 5
Total Baths 5
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Exterior
Parking Features None
Water Source City Franchise
Total Parking 8.0
Number of Buildings 3
Spa N
Lot Dimensions 180.68 x 96.91
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 2230
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* Excluded Features
List By
Coldwell Banker Realty

Broker

natalia.keck@cbrealty.com

Email

Affordability Calculator

$2,564
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,452
Monthly Property Taxes
$112
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4897062 Elementary School
4903993 Middle School
Glendale High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/10/2026$355,000 Listed Price

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2230 W MORTEN Avenue, Phoenix, AZ, 85021 is a Multi-Family Home for sale at $355,000. 2230 W MORTEN Avenue has 5 bedrooms, 0.0 baths, and was built in 1944. The property's zip code is 85021 which is in Phoenix, AZ

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