12247 N FOUNTAIN HILLS Boulevard, Fountain Hills, AZ 85268
Multi-Family Home 
Built in 1980 
—— sqft lot 
—— car garage 
$——/sqft 
Listed 1 month ago
Property Description
Hard-to-find duplex in Fountain Hills--ideal for investors seeking stable income with upside potential. Currently generating consistent rental income with an estimated cap rate of approximately 5.6% at a $689,000 sale price. The property offers a total of 2,325 SF on a spacious 0.27-acre lot. Unit A features a 2 bed / 2 bath layout (approx. 1,425 SF) currently rented at $1,850/month. Unit B is a 1 bed / 1 bath (approx. 900 SF) rented at $1,378/month. Value-add opportunity with room for future improvements. Additional highlights include separate metering for all utilities (including water), low maintenance expenses, and tenants responsible for all utilities Attractive curb appeal with newer fenced yards, covered patios, in-unit laundry, dishwashers, and ample storage.
- Listing Status:
- Active
- Date Added:
- March 24, 2026
- Data Last Updated:
- May 20, 2026 at 7:08PM
- Listing Office:
- Opulent Real Estate Group : 480-588-8356
- Listing Agent:
- Ryan Christensen : 602-584-5130
- MLS ID:
- 7003505
- Parking: Add'l Parking AvailCarportParking spaces: 4
- Roofing: Tile
- General: Wood FramePaintedStucco
- Road/Access: Asphalt
- Originating MLS: Arizona Regional Multiple Listing Service 2
- School District: Fountain Hills Unified District
- County: Maricopa
- Zoning: R-217605263
- Water: Private
- Sewer: Public Sewer
- Source: Arizona Regional Multiple Listing Service 2
This listing courtesy of Ryan Christensen , Opulent Real Estate Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
