$2,100,000

1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014

Multi-Family Home
Built in 1964
—— sqft lot
—— car garage
$——/sqft
Listed 20 days ago

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:: April 2, 2026 at 4:06AM
Listing Office:: Matthews Real Estate Investment Services : 310-388-0788
Listing Agent:: Bradley Skenderian :
MLS ID:: 6997176

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

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

Roofing: Composition
General: Wood FramePaintedBlock

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

Zoning: R-311806017B

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

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Bradley Skenderian , Matthews Real Estate Investment Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Longview Elementary School

1209 E Indian School Rd, Phoenix, AZ, 85014

Grades PK-6

0.30 miles away

Montecito Community School

715 E Montecito Ave, Phoenix, AZ, 85014

Grades PK-8

0.48 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.