Courtesy of ABI Multifamily
Property Description
The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix’s most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.
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Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Disposal
- Dishwasher
- Refrigerator
- Built-In Electric Oven
- Microwave
- Washer/Dryer
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Bathrooms
- 4 total bathrooms
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Bedrooms
- 7 total bedrooms
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Building
- Built in 1948
- 2 buildings
- Construction Materials: Painted, Stucco, Stone, Block
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Community
- No Pool
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Cooling
- Ceiling Fan(s)
- Electric
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Disclosures
- Seller Prop Disc Stm
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Expenses
- Insurance: $2,524
- Maintenance: $1,200
- Operating: $15,885
- Water/Sewer: $3,000
- Other Expense: $2,700
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Floors
- Vinyl
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Heating
- Central
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Income
- Gross Income: $64,068
- Gross ScheduledIncome: $64,440
- Net Operating Income: $48,183
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Listing
- Listing ID: 7062031
- Standard Status: Active
- MLS Status: Active
- 37 days on market
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Location
- Subdivision: YAGGY TRACT
- County/Parish: Maricopa
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Lot
- Dimensions: 6,875 SF per assessor
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Owner Pays
- Water
- Sewer
- Landscaping
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Parking
- 6 open parking spaces
- 6 total parking spaces
- >1 Space Per Unit
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Roof
- Composition
- Built-Up
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Schools
- Elementary School: Garfield School
- Elementary School District: Phoenix Elementary District
- 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: 116-24-168
- Public Survey Range: 3E
- Public Survey Section: 4
- Annual Amount: $1,213
- Tax Book Number: 116.00
- Legal Description: LOT 22 YAGGY TRACT MCR 000452
- Lot: 22
- Year: 2025
- Zoning: R-5
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Utilities
- Water Source: City Franchise
- APS
- Individual Meter
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This content last updated on September 5, 2026 1:31PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.