14048 N CAMEO Drive Fountain Hills, AZ ^$ 899,000

14048 N CAMEO Drive

^$ 899,000

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14048 N CAMEO Drive

Fountain Hills, AZ, 85268

^$ 899,000

Studio Baths0.0

Monthly Estimate*

^$ 5,609

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Studio

Multi-Family Home for sale in Fountain Hills, AZ

for $899,000. This home was built in 1975.

Fountain Hills fully rented duplex featuring a private pool and two spacious units—a 3BR/2BA and a 2BR/1.5BA. This well-maintained property offers strong rental income, desirable layouts, and excellent tenant stability. Located in a quiet, scenic neighborhood with easy access to local amenities, this duplex stands out with its larger floorplan and hard-to-find pool amenity. Perfect for investors seeking reliable cash flow or an owner-occupant looking to offset housing costs.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,437

Style

Multiple Dwellings

Year Built

1975

Town/City

Fountain Hills

County/Region

Maricopa

MLS | Web ID

6955425

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Ceiling Fan(s)

Roof Tile Foam

Zoning R2

Construction Materials Wood Frame Painted Stucco Block

Year Built 1975

Electric SRP

Township 3N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 43450.0

Community Features Pool

County Maricopa

Net Operating Income 33000.0

Operating Expense 7328.0

Insurance Expense 1420.0

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 500.0

Subdivision Name FOUNTAIN HILLS AZ FINAL PLAT NO 104

Garage Y/N Y

Status Active

High School Fountain Hills High School

City Fountain Hills

Disclosures Seller Prop Disc Stm

High School District Fountain Hills Unified District

Open Parking Spaces 6.0

Number Of Units Total 2

Carport Y/N N

Elementary School Fountain Hills Middle School

Tax Annual Amount 1437.0

Electric Expense 0.0

Fuel Expense 0.0

Middle/Junior High School Fountain Hills Middle School

Trash Expense 0.0

Water Sewer Expense 792.0

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 Tenant

Elementary School District Fountain Hills Unified District

Tax Lot 25

Cap Rate 3.63

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

Interior

Flooring Carpet Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved Garage Door Opener Carport

Water Source Private

Total Parking 9.5

Number of Buildings 1

Spa N

Lot Dimensions 10 171

Covered Spaces 3.5

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 14048

* Excluded Features

List By

Pmi East Valley

Broker

bill@pmiscottsdale.com

Affordability Calculator

$5,728

Per Month

Monthly Principal & Interest: $5,609
Monthly Property Taxes: $120
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Fountain Hills, AZ

Average List Price ^$1,378,983

Percent of Sale Price 53%

About Fountain Hills, AZ

24,721 Population

23% Since 2002

^$77,628 Median Income

57.22 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327096 Elementary School

4327096 Middle School

Fountain Hills High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/9/2025	$899,000		Listed Price

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14048 N CAMEO Drive, Fountain Hills, AZ, 85268 is a Multi-Family Home for sale at $899,000. 14048 N CAMEO Drive is a studio with 0.0 baths and was built in 1975. The property's zip code is 85268 which is in Fountain Hills, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 12/13/2025.

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14048 N CAMEO Drive

Multi-Family Home for sale in Fountain Hills, AZ

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