MLS# 7004013 – 315 E Carol Avenue, Phoenix, AZ 85020

Price: $539,900
Units: 3
Property Type: Multiple Dwellings
Status: Pending
Year Built: 1940
Neighborhood: Tengen Place Addition
Days on Website: 37

Courtesy of Grayson Real Estate

Property Description

100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.

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Property Details and Features

  • Appliances & Equipment
  • “Refrigerator”
  • “Free-Standing Electric Oven”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1940
  • Construction materials: “Wood Frame”, “Painted”, “Stucco”
  • 3 total units
  • Cooling
  • “Central Air”
  • “Electric”
  • “Heat Pump”
  • “Individual”
  • “2 or More Units”
  • Expenses
  • Electric: $3,600
  • Insurance: $1,950
  • Water sewer: $3,000
  • Floors
  • “Ceramic Tile”
  • “Vinyl”
  • Heating
  • “Individual”
  • “Central”
  • “Heat Pump”
  • “2 or More Units”
  • “Electric”
  • “Natural Gas”
  • Listing
  • Listing ID: 7004013
  • Standard status: Pending
  • 141 days on market
  • Location
  • Subdivision name: TENGEN PLACE ADDITION
  • Parking
  • “Off Street”
  • “1 Space/Unit”
  • 4 total parkings
  • Property
  • Zoning: R3
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Sunnyslope Elementary School
  • High school: Sunnyslope High School
  • High school district: Glendale Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $428
  • Lot: 1
  • Utilities
  • “APS”
  • “Master Meter”

Property Map

$539,900 – 315 E Carol Avenue, Phoenix, AZ 85020

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.