721 E CAROL Avenue Phoenix, AZ ^$ 800,000

721 E CAROL Avenue

^$ 800,000

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Recently Listed

721 E CAROL Avenue

Phoenix, AZ, 85020

^$ 800,000

Studio Baths0.0

Monthly Estimate*

^$ 5,051

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $800,000. This home was built in 2022.

Multi-Family Active

Price

^$ 800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,288

Style

Multiple Dwellings

Year Built

2022

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7050837

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Ceiling Fan(s)

Roof Concrete

Zoning [R-4] Multiple

Construction Materials Painted Stucco Block

Year Built 2022

Electric APS

Township 3N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 44460.0

Community Features No Pool

County Maricopa

Net Operating Income 37578.0

Operating Expense 6288.24

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name HAMILTON PLACE LOTS 1-15

Garage Y/N Y

Status Active

High School Glendale High School

City Phoenix

Disclosures None

High School District Glendale Union High School District

Open Parking Spaces 4.0

Number Of Units Total 2

Carport Y/N N

Elementary School Washington Elementary School

Tax Annual Amount 6288.24

Middle/Junior High School Desert Foothills Middle School

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 Washington Elementary School District

Tax Lot 4

Cap Rate 4.7

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

Interior

Flooring Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Attached Garage Paved Garage Door Opener >1 Space Per Unit

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 0.260 acres / 11 313 sqft

Road Surface Type Asphalt

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 721

* Excluded Features

List By

Svn/Desert Commercial Advisors

Broker

perry.laufenberg@svn.com

Affordability Calculator

$5,575

Per Month

Monthly Principal & Interest: $5,051
Monthly Property Taxes: $524
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$1,075,481

Percent of Sale Price 34%

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.

4897062 Elementary School

4328053 Middle School

Glendale High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/7/2026	$800,000		Listed Price

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721 E CAROL Avenue, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $800,000. 721 E CAROL Avenue is a studio with 0.0 baths and was built in 2022. The property's zip code is 85020 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/9/2026.

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721 E CAROL Avenue

Multi-Family Home for sale in Phoenix, AZ

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