$689,990

12247 N FOUNTAIN HILLS Boulevard, Fountain Hills, AZ 85268

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days 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:
April 2, 2026 at 4:09PM
Listing Office:
Opulent Real Estate Group : 480-588-8356
Listing Agent:
Ryan Christensen : 602-584-5130
MLS ID:
7003505
  • Flooring: Laminate
  • A/C: Central AirCeiling Fan(s)
  • Heating: Electric
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

McDowell Mountain Elementary School

14825 N Fayette Dr, Fountain Hills, AZ, 85268

Grades PK-3

1.48 miles away

F

Fountain Hills Middle School

15414 N McDowell Mountain Rd, Fountain Hills, AZ, 85268

Grades 4-8

2.04 miles away

F

Fountain Hills Online

16100 E Palisades Blvd, Fountain Hills, AZ, 85268

Grades 9-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

14048 N CAMEO Drive, Fountain Hills, AZ 85268
Multi-Family Home For Sale

$799,000

14048 N CAMEO Drive Fountain Hills, AZ 85268

#6955425 - PMI East Valley