AZ
Maricopa
Phoenix
85014
1021 E FAIRMOUNT Avenue
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
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Listing Type
Multi Family
Listing Status
Active
16
$2,100,000

Home Details for 1021 E FAIRMOUNT Avenue

Price
$2,100,000
Type
Residential Income
Year built
1964
County
Maricopa
Listing #
6997176
Listing Courtesy: Matthews Real Estate Investment Services - 310-388-0788
Property Description

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Parking
    • On Street
    • Carport
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Sewer Connected
School Information
School Information for 1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
Elementary School
Longview Elementary School
Middle School
Longview Elementary School
High School
North High School
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Last Updated: 2026-04-27 16:12:38
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64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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