Refine Search
Sort by
822 E Carol Avenue, Phoenix
$749,000
5 Beds ⋅ 4 Baths ⋅ 6952059 MLS
Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information. 822 E Carol Avenue is a four-unit property in East Sunnyslope with three one-bedroom residences and one two-bedroom residence. All four are reported occupied. The approximately 1,776-SF building occupies an approximately 6,970-SF site. Features include slump-block construction, ceramic-tile interiors, private fenced patios or yards, low-maintenance desert landscaping and a new asphalt-shingle roof with a reported transferable warranty. The current OM uses its July 2026 rent schedule: $3,565 monthly base rent plus $225 monthly utility reimbursements, totaling $3,790. Annual base rent is $42,780 and reimbursements are $2,700, producing $45,480 gross potential income. A 3% economic vacancy allowance produces approximately $44,116 effective gross income, despite reported 100% physical occupancy. Normalized current expenses total $10,543: taxes $766, insurance $1,748, management $3,529, repairs $1,200, water/sewer/trash $2,300, landscaping $400 and other expenses $600. Current normalized NOI is $33,573, a 4.48% cap rate at the $749,000 asking price. These are underwriting assumptions and should be reconciled with current leases, collections and invoices. The illustrative market-rent case assumes $1,100 monthly for each one-bedroom unit and $1,400 for the two-bedroom unit. Reimbursements remain $2,700 annually; economic vacancy remains 3%; management remains 8% of effective gross income. Pro forma effective gross income is $57,327, expenses are $11,600 and NOI is $45,727, producing a 6.11% cap rate. Future rent changes are subject to existing leases and market conditions. The location offers access to SR-51, Central Phoenix employment, healthcare, retail and mountain recreation. Seller financing is not available. Please do not disturb tenants. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

822 E Carol Avenue, Phoenix

7549 N 21st Avenue, Phoenix
$780,000
8 Beds ⋅ 4 Baths ⋅ 6951436 MLS
Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only,  please do not disturb tenants. No sign on the property.

7549 N 21st Avenue, Phoenix

312 E Windsor Avenue Unit 4, Phoenix
$744,000
3 Beds ⋅ 3 Baths ⋅ 6946073 MLS ⋅ 2,359 SqFt.
NEW CONSTRUCTION-enjoy a modern work/live townhome with architectural gravitas in a gated Midtown Phoenix enclave! Minutes from Downtown, world-class restaurants, museums, major entertainment venues, and Sky Harbor. Inside, crisp contemporary design balances volume and light: open great room, chef's kitchen with premium appliances, 3 bedrooms + den provide multiple options for a home office. A 1 car garage adds rare convenience. The showpiece is a expansive rooftop terrace framing cinematic views--the perfect setting for sunrise coffee, golden-hour gatherings, or quiet evenings under the skyline. The low-maintenance lifestyle and energy efficient construction free your time for what matters. Soleil is perfect for anyone who values refined living! Photos are of the staged model.

312 E Windsor Avenue Unit 4, Phoenix

312 E Windsor Avenue Unit 2, Phoenix
$784,000
3 Beds ⋅ 3 Baths ⋅ 6944707 MLS ⋅ 2,359 SqFt.
NEW CONSTRUCTION-enjoy a modern work/live townhome with architectural gravitas in a gated Midtown Phoenix enclave! Minutes from Downtown, world-class restaurants, museums, major entertainment venues, and Sky Harbor. Inside, crisp contemporary design balances volume and light: open great room, chef's kitchen with premium appliances, 3 bedrooms + den provide multiple options for a home office. A 2-car garage adds rare convenience. The showpiece is a expansive rooftop terrace framing cinematic views--the perfect setting for sunrise coffee, golden-hour gatherings, or quiet evenings under the skyline. The low-maintenance lifestyle and energy efficient construction free your time for what matters. Soleil is perfect for anyone who values refined living! Photos are of the staged model.

312 E Windsor Avenue Unit 2, Phoenix

6721 N Black Cyn Highway, Phoenix
$750,000
6827709 MLS ⋅ 2,843 SqFt.
This property features a versatile commercial space with three distinct suites, offering a range of possibilities for different types of businesses. The building is strategically located with convenient access to major highways, providing excellent visibility and easy connectivity to surrounding areas. Each of the suites is designed with functionality and flexibility in mind, .The suites are designed to accommodate both small and large businesses, dealer, clinic , day care , offices and more making it an attractive option for entrepreneurs, startups, and established companies looking for a prime location. The property offers ample parking for both employees & customers and customers, ensuring smooth traffic flow and ease of access. The surrounding area is home to a mix of businesses, making it a prime spot for attracting foot traffic and clients. Additionally, the property has been well-maintained, with updates to both the interior and exterior, ensuring a professional and welcoming environment. With its prime location, adaptable suite configurations, and ample amenities, this property offers tremendous value for any business looking to establish a strong presence in the area.

6721 N Black Cyn Highway, Phoenix

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.