Courtesy of HANABEE
Property Description
Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix’s most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation’s strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Free-Standing Range
- Disposal
- Dishwasher
- Refrigerator
- Microwave
- Washer/Dryer
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Bathrooms
- 21 total bathrooms
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Bedrooms
- 21 total bedrooms
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Building
- Built in 2021
- 1 building
- Construction Materials: Wood Frame, Stucco
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Community
- No Pool
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Cooling
- Central Air
- Ceiling Fan(s)
- Electric
- Individual
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Disclosures
- None
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Expenses
- Electric: $1,440
- Gardener: $4,740
- Maintenance: $22,600
- Operating: $59,401
- Trash: $2,880
- Water/Sewer: $4,724
- Other Expense: $600
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Exterior Features
- Sidewalk(s)
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Floors
- Carpet
- Vinyl
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Heating
- Individual
- Electric
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Income
- Gross Income: $241,872
- Gross ScheduledIncome: $249,180
- Net Operating Income: $163,700
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Listing
- Listing ID: 7057128
- Standard Status: Active
- MLS Status: Active
- 45 days on market
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Location
- Subdivision: MOLI GARDENS
- County/Parish: Maricopa
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Lot
- Dimensions: 82.17” x 150.28′
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Owner Pays
- Trash Collection
- Landscaping
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Parking
- 14 covered spaces
- 7 open parking spaces
- 21 total parking spaces
- Paved
- Add’l Parking Avail
- >1 Space Per Unit
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Roof
- Built-Up
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Schools
- Elementary School: Longview Elementary School
- Elementary School District: Osborn Elementary District
- Middle School: Osborn Middle School
- High School: North High School
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 118-03-059
- Public Survey Range: 3E
- Public Survey Section: 28
- Annual Amount: $3,117
- Tax Book Number: 118.00
- Legal Description: LOT 1 MOLI GARDENS MCR 149321
- Lot: 1
- Year: 2025
- Zoning: R-4
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Utilities
- Water Source: Individual Meter
- APS
- Individual Meter
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This content last updated on September 4, 2026 11:58PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.