1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014

Property Description

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

Listing Status:

Active

Date Added:

March 12, 2026

Data Last Updated:

May 20, 2026 at 8:09PM

Listing Office:

Matthews Real Estate Investment Services : 310-388-0788

Listing Agent:

Bradley Skenderian :

MLS ID:

6997176

Interior

• Flooring: Vinyl
• A/C: Electric
• Heating: Natural Gas

Exterior

• General: Sidewalk(s)
• Parking: On StreetCarportParking spaces: 5

Construction

• Roofing: Composition
• General: Wood FramePaintedBlock

Location

• Road/Access: Asphalt
• Originating MLS: Arizona Regional Multiple Listing Service 2
• School District: Osborn Elementary District
• County: Maricopa

Lot

• Zoning: R-311806017B

Utilities

• Water: City Franchise
• Sewer: Sewer-In & ConnectedPublic Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2