Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.
Sold for $1,050,000
$1,050,000
2118 W BELMONT Avenue, Phoenix, AZ 85021
2beds
1baths
4,374sqft
Multi Family
Built in 1986
-- sqft lot
$1,046,200 Zestimate®
$240/sqft
$1,165 Estimated rent
Home value
$1,046,200
$952,000 - $1.14M
$1,165/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
James C Stephens 602-672-3526,
Better Homes & Gardens Real Estate SJ Fowler
Bought with:
Denise Hurd, SA044656000
RE/MAX Alliance Group
Source: ARMLS,MLS#: 6922688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Heat Pump, Electric
Cooling
- Ceiling Fan(s), Electric, Heat Pump
Appliances
- Included: Built-In Range, Dishwasher, Refrigerator, See Remarks
Features
- Flooring: Other, Carpet, Vinyl
Interior area
- Total structure area: 4,374
- Total interior livable area: 4,374 sqft
Property
Parking
- Total spaces: 15
- Parking features: Paved, Assigned, >1 Space Per Unit
- Uncovered spaces: 15
Lot
- Size: 0.4 Acres
- Dimensions: 17460
Details
- Parcel number: 15721076
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Sewer-In & Connected, Public Sewer
- Water: City Franchise
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Other, See Remarks, No Pool
- Subdivision: VISTA INCOME ESTATES 2
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $577,921
- Annual tax amount: $5,261
- Date on market: 9/23/2025
- Cumulative days on market: 61 days
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $1,050,000-2.8%$240/sqft |
Source:  ARMLS #6922688 Report a problem | ||
| 11/20/2025 | Pending sale | $1,080,000$247/sqft |
Source: ARMLS #6922688 Report a problem | ||
| 9/20/2025 | Listed for sale | $1,080,000+213%$247/sqft |
Source: ARMLS #6922688 Report a problem | ||
| 4/11/2016 | Sold | $345,000+1.5%$79/sqft |
Source: ARMLS #5423555 Report a problem | ||
| 4/5/2016 | Listed for sale | $340,000$78/sqft |
Source: West USA Realty #5423555 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,388 +3.9% | $57,792 +0.6% |
| 2024 | $5,187 +1.8% | $57,461 +47.3% |
| 2023 | $5,095 +2% | $39,018 +5% |
| 2022 | $4,997 -2.4% | $37,160 +3.5% |
| 2021 | $5,121 +1.9% | $35,890 -3.2% |
| 2020 | $5,028 -8% | $37,080 +11.3% |
| 2019 | $5,465 | $33,310 -5.9% |
| 2018 | $5,465 -2.8% | $35,410 +1.6% |
| 2017 | $5,620 -1.4% | $34,860 -2.8% |
| 2016 | $5,699 +5.8% | $35,880 +1.8% |
| 2015 | $5,386 | $35,260 +4.1% |
| 2014 | -- | $33,870 +5.2% |
| 2013 | -- | $32,200 +1.9% |
| 2012 | -- | $31,607 -5.6% |
| 2011 | -- | $33,489 -15.5% |
| 2010 | -- | $39,614 -4.4% |
| 2009 | -- | $41,431 +10% |
| 2008 | -- | $37,667 +28.6% |
| 2007 | -- | $29,293 +17.2% |
| 2006 | -- | $24,984 |
| 2005 | -- | $24,984 +20.5% |
| 2004 | -- | $20,739 |
| 2003 | -- | $20,739 +3.9% |
| 2002 | -- | $19,952 |
Find assessor info on the county website
Neighborhood: Alhambra
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Nearby schools
GreatSchools rating
- 7/10Orangewood Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 9/10Washington High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- High: Glendale High School
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
$1,046,200
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Estimated market value
$1,046,200
- Arizona
- Maricopa County
- Phoenix
- 85021
- Alhambra
- 2118 W BELMONT Avenue
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