Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
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MLS# 6997176 – 1021 E Fairmount Avenue, Phoenix, AZ 85014

$1,950,000 - Br/Ba - for Sale in West Idlewilde, Phoenix
Price: $1,950,000
Units: 8
Property Type: Multiple Dwellings
Status: Active
Year Built: 1964
Neighborhood: West Idlewilde
Days on Website: 105

Courtesy of Matthews Real Estate Investment Services

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) 1×1 units, (3) 2×1 units, and (2) 2×1.5 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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Built-In Range”
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1964
  • Construction materials: “Wood Frame”, “Painted”, “Block”
  • 8 total units
  • Cooling
  • “Electric”
  • Expenses
  • Electric: $945
  • Insurance: $4,200
  • Maintenance: $2,604
  • Water sewer: $6,005
  • Exterior Features
  • “Sidewalk(s)”
  • Floors
  • “Vinyl”
  • Heating
  • “Natural Gas”
  • Listing
  • Listing ID: 6997176
  • Standard status: Active
  • 103 days on market
  • Location
  • Subdivision name: WEST IDLEWILDE
  • Parking
  • “On Street”
  • “Carport”
  • 5 total parkings
  • Property
  • Zoning: R-3
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Longview Elementary School
  • High school: North High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Sewer-In & Connected”
  • “Public Sewer”
  • Taxes
  • Annual amount: $4,003
  • Lot: 1
  • Utilities
  • “APS”
  • “Individual Meter”

Property Map

$1,950,000 – 1021 E Fairmount Avenue, Phoenix, AZ 85014

Street View

Nearby Schools

Similar Properties Nearby

This content last updated on June 25, 2026 2:27AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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