231 S 1ST Street Avondale, AZ $ 745,000
231 S 1ST Street
$ 745,000
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231 S 1ST Street

Avondale, AZ, 85323
$ 745,000
Baths0.0

Monthly Estimate*

$ 4,587

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Studio

Multi-Family Home for sale in Avondale, AZ

for $745,000. This home was built in 1955.

This is a 5-unit apartment community with 2 separate buildings. One building is a 2bed/2bath duplex and the other is a 1bed/1bath triplex on the same parcel. Walking distance to old town Avondale! Entire exterior has been renovated with new paint and landscaping, plus roof replacement and repair, three new AC units, and updated plumbing. Finished with new quartz countertops, new cabinets, new flooring, and remodeled bathrooms. Each unit has a small courtyard with on-site laundry

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Multi-Family Active

Price

$ 745,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 889

Style

Multiple Dwellings

Year Built

1955

Town/City

Avondale

County/Region

Maricopa

MLS | Web ID

7033933

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s) Electric
Roof Composition Rolled/Hot Mop
Zoning R-3
Construction Materials Wood Frame Painted Stucco Block
Year Built 1955
Electric APS Individual Meter
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 77220.0
Community Features No Pool
County Maricopa
Net Operating Income 62667.0
Operating Expense 12869.0
Insurance Expense 1200.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 2100.0
Subdivision Name LITCHFIELD HEIGHTS
Garage Y/N N
Status Active
High School Agua Fria High School
City Avondale
Disclosures Seller Prop Disc Stm
High School District Agua Fria Union High School District
Open Parking Spaces 6.0
Number Of Units Total 5
Carport Y/N N
Elementary School Eliseo C. Felix School
Tax Annual Amount 889.0
Electric Expense 1800.0
Fuel Expense 360.0
Middle/Junior High School Avondale Middle School
Trash Expense 0.0
Water Sewer Expense 820.0
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 Avondale Elementary District
Tax Lot 10
Cap Rate 8.41
New Financing: Conventional True
Senior Community N
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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 Paved >1 Space Per Unit Carport
Water Source Master Meter City Franchise
Total Parking 7.0
Number of Buildings 2
Spa N
Lot Dimensions 60' x 195'
Road Surface Type Asphalt
Covered Spaces 1.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 231
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* Excluded Features
List By
Citiea

Broker

azrealtorcolleen@gmail.com

Email

Affordability Calculator

$4,661
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,587
Monthly Property Taxes
$74
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.
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Nearby
4334120 Elementary School
4327302 Middle School
Agua Fria High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$745,000 Listed Price

Map


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231 S 1ST Street, Avondale, AZ, 85323 is a Multi-Family Home for sale at $745,000. 231 S 1ST Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 85323 which is in Avondale, AZ