16844 E AVENUE OF THE FOUNTAINS -- Fountain Hills, AZ $ 1,250,000
16844 E AVENUE OF THE FOUNTAINS --
$ 1,250,000
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16844 E AVENUE OF THE FOUNTAINS --

Fountain Hills, AZ, 85268
$ 1,250,000
Baths0.0

Monthly Estimate*

$ 7,798

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Studio

Multi-Family Home for sale in Fountain Hills, AZ

for $1,250,000. This home was built in 1986.

TRIPLEX! Welcome to the Villas on The Avenue, the first residential offering for purchase in the heart of Fountain Hills. This charming enclave features completely new units within walking distance to the shopping, restaurants, the world famous Fountain, farmers markets, and all of the events and fairs that Fountain Hills is known for. Upon arrival, pass through the tranquil courtyard that provides additional natural lighting to all units. Once inside, instantly notice a well thought out open concept floor-plan with modern designer finishes & appliances. The kitchen is a true delight with plenty of brand new cabinetry, stainless steel appliances, and waterfall granite island with breakfast bar. Both bedrooms and bathrooms provide ample space, trendy ceiling fans, glass showers, & chic

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,741

Style

Multiple Dwellings

Year Built

1986

Town/City

Fountain Hills

County/Region

Maricopa

MLS | Web ID

6822318

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s) Electric
Roof Foam
Zoning c-c
Construction Materials Painted Stucco Adobe
Year Built 1986
Electric SRP
Township 3N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 102600.0
Community Features No Pool
County Maricopa
Net Operating Income 102600.0
Operating Expense 10841.0
Insurance Expense 0.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name FOUNTAIN HILLS ARIZONA NO. 208 BLOCK 1-4
Garage Y/N N
Status Active
Directions West on Avenue of the Fountains. Park near first cross walk. Unit behind Sofritas Restaurant.
High School Fountain Hills High School
City Fountain Hills
Disclosures None
High School District Fountain Hills Unified District
Open Parking Spaces 8.0
Number Of Units Total 3
Carport Y/N N
Elementary School Fountain Hills Virtual Academy
Tax Annual Amount 2741.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Fountain Hills Middle School
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Elementary School District Fountain Hills Unified District
Tax Lot 11
Cap Rate 8.21
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Free
Water Source City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 50x50
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16844
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* Excluded Features
List By
Mco Realty

Broker

contracts@85268.com

Email

Affordability Calculator

$8,027
Per Month
97%
3%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$228
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4927244 Elementary School
4327096 Middle School
Fountain Hills High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2025$1,250,000 Listed Price

Map


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16844 E AVENUE OF THE FOUNTAINS --, Fountain Hills, AZ, 85268 is a Multi-Family Home for sale at $1,250,000. 16844 E AVENUE OF THE FOUNTAINS -- is a studio with 0.0 baths and was built in 1986. The property's zip code is 85268 which is in Fountain Hills, AZ