7537 N 21st Avenue, Phoenix, AZ 85021

Property Description

Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Rose Vista, a, 11-unit apartment community, just south of the 19th Avenue and Northern Avenue intersection in a desirable residential neighborhood, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management. Completed in 1961 and 2011 , Rose Vista is comprised of 4 one-bedroom (36%) and 7 two-bedroom (64%) floorplans, offering an average of ±859 square feet. All units include direct access car-ports, private back patios and in-suite (2011 Built) or back-patio washer/ dryers. Future ownership will have the opportunity to renovate the 9 classic units and capitalize on the rent premium based on the current market and achieved rents by similar properties in the immediate surrounding area.

Listing Status:

Active

Date Added:

March 17, 2025 at 05:00AM

Listing Office:

Marcus & Millichap : 602-687-6700

Listing Agent:

Christopher Paul Bay : 602-320-8126

MLS ID:

6836611

Interior

• Flooring: CarpetCeramic TileVinyl
• A/C: Ceiling Fan(s)Individual
• Heating: Individual

Exterior

• Parking: >1 Space Per UnitCarportParking spaces: 15

Construction

• Roofing: Foam
• General: Wood FramePaintedStuccoBlock

Location

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

Lot

• Zoning: R-315719009J

Utilities

• Water: City Franchise
• Sewer: Public Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Christopher Paul Bay, Marcus & Millichap