For sale

$3,895,000

2020 W ORANGEWOOD Avenue, Phoenix, AZ 85021

3beds

3baths

12,468sqft

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Multi Family

Built in 1986

-- sqft lot

$-- Zestimate^®

$312/sqft

$-- HOA

What's special

Upgraded landscapingAsphalt replacementExterior painting and fencingNew roof

The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

116 days

97

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Individual, Electric

Cooling

Individual

Appliances

Included: Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer

Features

Flooring: Vinyl

Interior area

Total structure area: 12,468
Total interior livable area: 12,468 sqft

Property

Parking

Total spaces: 27
Parking features: Paved, 1 Space/Unit
Uncovered spaces: 27

Features

Has private pool: Yes

Lot

Size: 0.29 Acres
Dimensions: 12,458

Details

Parcel number: 15719141
Zoning: R-4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco
Roof: Composition

Condition

Year built: 1986

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: Master Meter, City Franchise

Community & HOA

Community

Features: Pool
Security: Security Lights
Subdivision: TERRA BELLA

Location

Region: Phoenix

Financial & listing details

Price per square foot: $312/sqft
Annual tax amount: $5,371
Date on market: 3/26/2026
Cumulative days on market: 117 days
Listing terms: Conventional,1031 Exchange
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/26/2026	Listed for sale	$3,895,000-25.8%$312/sqft
Source: ARMLS #7004263 Report a problem
12/13/2023	Listing removed	--
Source: ARMLS #6533715 Report a problem
5/10/2023	Listing removed	$5,250,000$421/sqft
Source: ARMLS #6533715 Report a problem
3/20/2023	Listed for sale	$5,250,000$421/sqft
Source: ARMLS #6533715 Report a problem
5/25/2017	Listing removed	$500
Source: Simply Property Management Phoenix Report a problem
10/28/2015	Listed for rent	$500
Source: Simply Property Management Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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