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1841 W FAIRMOUNT Avenue
Phoenix AZ 85015 US

$1,595,000

Active Listing ID 6942492
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$1,595,000

Active Listing ID 6942492
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1841 W FAIRMOUNT Avenue Exceptional Investment Opportunity - 10-Unit Apartment Complex with Strong Value-Add Potential Discover an incredible opportunity to acquire a well-maintained 10-unit multifamily property offering consistent income and long-term upside. This garden-style community, originally constructed in 1971 and 1992, features nine one-bedroom/one-bath units and one two-bedroom/one-bath unit-each equipped with individual electric meters, dedicated HVAC systems, and separate storage lockers. The property provides 12 off-street parking spaces and a shared community laundry room for resident convenience. The complex has been fully leased and professionally managed for many years, with the current master lease expiring in March. Ownership currently receives a single monthly payment and is responsible only for property taxes. Showings are available by appointment only with a minimum of 24 hours' notice. Please do not disturb tenants. Additionally, the adjacent property at 1829 W Fairmount Avea 3-bedroom, 3-bath homeis also available for purchase from the same owner. A bundle opportunity may be considered for qualified buyers.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Tile, Concrete

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1595000
  • unparsedaddress: 1841 W FAIRMOUNT Avenue
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85015
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.49295
  • longitude: -112.09967
  • listagentfullname: Paul D Eide
  • listagentemail: paul@phoenixhomerealtor.com
  • listagentkey: 3yd-ARMLSAZ-pe072
  • listagentmlsid: pe072
  • listagentpreferredphone: 5202656841
  • listagentofficephone: 5202656841
  • listofficekey: 3yd-ARMLSAZ-dele002
  • listofficemlsid: dele002
  • disclaimer: Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1982
  • listingcontractdate: 2025-11-04
  • listagenturl: www.phoenixhomerealtor.com
  • countyorparish: Maricopa
  • parcelnumber: 110-07-001
  • elementaryschooldistrict: Osborn Elementary District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • appliances: Refrigerator, Free-Standing Gas Oven
  • cooling: Central Air
  • constructionmaterials: Wood Frame, Painted
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Tile, Concrete
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.09967, 33.49295
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"DeLex Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"paul@phoenixhomerealtor.com", "ListBrokerageCity":"Glendale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"sales@delexrealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/ARMLSAZ/1f3d3a01314911e894d80242ac11000a/20210608180953864.png", "ListBrokerageName":"DeLex Realty, LLC", "ListBrokeragePhone":"(602) 910-3002", "ListBrokeragePostalCode":"85308", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"17224 N 43rd AVE Ste 107", "ListBrokerageWebsiteUrl":"http://www.delexrealty.com", "ListOfficeAddress1":"10115 E Bell Rd #105 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"dele002", "ListOfficeCity":"Scottsdale", "ListOfficeCountry":"USA", "ListOfficeEmail":"stacismedstadbroker@gmail.com", "ListOfficePostalCode":"85260", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1841-W-Fairmount-Ave_Phoenix_AZ_85015_M24610-71995?f=listhub&s=ARMLSAZ&m=6942492&c=rexren", "MLSModificationTimestamp":"2025-12-22 21:08:02", "Neighborhoods":[{"Description":null, "Name":"LONG ESTATES"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3644, "TaxDescription":"LONG ESTATES LOT 1 BLK 1 EX W STRIP PER DKT 3611/216", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/22/2025 9:17:05 PM GMT
Source Updated Date: 12/25/2025 6:59:58 PM GMT

Courtesy of: Paul D Eide, DeLex Realty, paul@phoenixhomerealtor.com

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.