Seller financing is available with a minimum 20% down payment & 4% Interest Rate .
This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance.
In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club
Sold for $700,000
$700,000
1002 E FAIRMOUNT Avenue, Phoenix, AZ 85014
3beds
1002baths
2,474sqft
Multi Family
Built in 1930
-- sqft lot
$717,400 Zestimate®
$283/sqft
$1,707 Estimated rent
Home value
$717,400
$617,000 - $839,000
$1,707/mo
Zestimate® history
Owner options
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$1,707/mo
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$1,707/mo
Rent Zestimate®
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$3,949/mo
Est. payment
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$3,949/mo
Est. payment
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List your homeWhat's special
One-bedroom one-bath unitTwo-bedroom one-bath unitNearly half an acre
Zillow last checked:
Listing updated:
Listed by:
Thomas Palestina 602-714-1297,
ABI Multifamily,
Carson P Griesemer 602-714-1370,
ABI Multifamily
Bought with:
Thomas Moore, SA708560000
R.O.I. Properties
Source: ARMLS,MLS#: 6822102
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1002
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Built-In Range
Features
- Flooring: Ceramic Tile, Concrete
Interior area
- Total structure area: 2,474
- Total interior livable area: 2,474 sqft
Property
Parking
- Total spaces: 4
- Parking features: Add'l Parking Avail, 1 Space/Unit, On Street
- Uncovered spaces: 4
Lot
- Size: 0.40 Acres
- Dimensions: 17464
Details
- Parcel number: 11803035
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1930
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: KAY TRACT
Other
Other facts
- Listing terms: Owner May Carry,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $700,000-4.1%$283/sqft |
Source:  ARMLS #6822102 Report a problem | ||
| 3/14/2025 | Price change | $730,000-2%$295/sqft |
Source: ARMLS #6822102 Report a problem | ||
| 2/28/2025 | Price change | $745,000-6.3%$301/sqft |
Source: ARMLS #6822102 Report a problem | ||
| 2/17/2025 | Listed for sale | $795,000-11.6%$321/sqft |
Source: ARMLS #6822102 Report a problem | ||
| 10/20/2024 | Listing removed | $899,000$363/sqft |
Source: ARMLS #6762028 Report a problem | ||
| 10/18/2024 | Price change | $899,000-0.1%$363/sqft |
Source: ARMLS #6762028 Report a problem | ||
| 10/3/2024 | Listing removed | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2024 | Listed for sale | $900,000+100%$364/sqft |
Source: ARMLS #6762028 Report a problem | ||
| 8/1/2024 | Listing removed | $450,000$182/sqft |
Source:  HomeSmart #6693808 Report a problem | ||
| 8/1/2024 | Price change | $1,950-7.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2024 | Listed for rent | $2,100+5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Price change | $450,000-2.2%$182/sqft |
Source: ARMLS #6693808 Report a problem | ||
| 6/14/2024 | Listed for sale | $460,000$186/sqft |
Source: ARMLS #6693808 Report a problem | ||
| 5/20/2024 | Listing removed | $460,000$186/sqft |
Source: HomeSmart #6693808 Report a problem | ||
| 5/18/2024 | Listed for sale | $460,000-7.1%$186/sqft |
Source: HomeSmart #6693808 Report a problem | ||
| 12/13/2023 | Listing removed | -- |
Source: ARMLS #6334509 Report a problem | ||
| 1/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/27/2022 | Listed for rent | $1,995-7.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/22/2022 | Listing removed | $495,000$200/sqft |
Source: ARMLS #6469119 Report a problem | ||
| 10/31/2022 | Price change | $495,000-9.2%$200/sqft |
Source: ARMLS #6469119 Report a problem | ||
| 9/26/2022 | Listed for sale | $545,000+2%$220/sqft |
Source: ARMLS #6469119 Report a problem | ||
| 9/15/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/15/2022 | Listed for rent | $2,150$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/27/2022 | Listing removed | $534,500$216/sqft |
Source: ARMLS #6334509 Report a problem | ||
| 6/6/2022 | Price change | $534,500-1.8%$216/sqft |
Source: ARMLS #6334509 Report a problem | ||
| 5/31/2022 | Listed for sale | $544,500+1011.2%$220/sqft |
Source: ARMLS #6334509 Report a problem | ||
| 5/5/2011 | Sold | $49,000$20/sqft |
Source: ARMLS #4578004 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,221 +3.5% | $36,870 -5.9% |
| 2024 | $2,146 +3.5% | $39,170 +152.5% |
| 2023 | $2,073 +0.6% | $15,513 -38.1% |
| 2022 | $2,062 +0.9% | $25,050 +14.3% |
| 2021 | $2,044 +4.5% | $21,920 +10.6% |
| 2020 | $1,955 +3.4% | $19,820 +17.3% |
| 2019 | $1,890 | $16,900 +1.5% |
| 2018 | $1,890 +49.6% | $16,650 +36.3% |
| 2017 | $1,263 +71.7% | $12,220 +33.1% |
| 2016 | $736 -1.5% | $9,180 +7.9% |
| 2015 | $747 | $8,510 +18.7% |
| 2014 | -- | $7,170 +58.3% |
| 2013 | -- | $4,530 -35.4% |
| 2012 | -- | $7,010 -6.9% |
| 2011 | -- | $7,530 -40.5% |
| 2010 | -- | $12,660 -32.2% |
| 2009 | -- | $18,660 -2.3% |
| 2008 | -- | $19,100 +19.4% |
| 2007 | -- | $16,000 +46.1% |
| 2006 | -- | $10,950 |
| 2005 | -- | $10,950 +17.7% |
| 2004 | -- | $9,300 |
| 2003 | -- | $9,300 +79.6% |
| 2002 | -- | $5,179 |
Find assessor info on the county website
Neighborhood: Encanto
Nearby schools
GreatSchools rating
- 9/10Longview Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 2/10North High SchoolGrades: 9-12Distance: 1 mi
- 4/10Osborn Middle SchoolGrades: 7-8Distance: 1.8 mi
Schools provided by the listing agent
- District: Osborn Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$717,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$717,400
- Arizona
- Maricopa County
- Phoenix
- 85014
- Encanto
- 1002 E FAIRMOUNT Avenue
Nearby cities
Nearby neighborhoods
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