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For sale
    • $790,000

    7549 N 21ST Avenue, Phoenix, AZ 85021

    8beds
    4baths
    3,188sqft
    : 
    $4,706/mo
    Get pre-qualified
    Multi Family
    Built in 2003
    -- sqft lot
    $-- Zestimate®
    $248/sqft
    $-- HOA

    What's special

    Ample on-site parkingEasy-care desert landscapingSoothing color paletteWood cabinetryDurable tile flooring
    Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only,  please do not disturb tenants. No sign on the property.
    273 days
    |
    151
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Harless 480-771-1511,

    AZ Flat Fee,

    Kim Leighton 480-933-1603,

    AZ Flat Fee

    Source: ARMLS,MLS#: 6951436MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Heat Pump, Electric
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer
      Features
      • Flooring: Tile
      Interior area
      • Total structure area: 3,188
      • Total interior livable area: 3,188 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Paved, Assigned, <1 Space Per Unit
      • Uncovered spaces: 6
      Features
      • Exterior features: Sidewalk(s)
      Lot
      • Size: 10,639 Square Feet
      • Dimensions: 10639
      Details
      • Parcel number: 15719118
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted, Stucco
      • Roof: Composition
      Condition
      • Year built: 2003

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: City Franchise
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: MORTEN AVENUE ESTATES
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $248/sqft
      • Tax assessed value: $639,200
      • Annual tax amount: $2,490
      • Date on market: 11/25/2025
      • Cumulative days on market: 273 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

        Not available

        Price history

        DateEventPrice
        4/10/2026Price change$790,000-1.3%$248/sqft
        Source: ARMLS #6951436 Report a problem
        3/10/2026Price change$800,000-1.2%$251/sqft
        Source: ARMLS #6951436 Report a problem
        1/23/2026Price change$810,000-2.4%$254/sqft
        Source: ARMLS #6951436 Report a problem
        12/31/2025Price change$830,000-1.2%$260/sqft
        Source: ARMLS #6951436 Report a problem
        11/30/2025Price change$840,000+7.7%$263/sqft
        Source: ARMLS #6951436 Report a problem
        11/26/2025Listed for sale$780,000+85.7%$245/sqft
        Source: ARMLS #6951436 Report a problem
        10/2/2019Sold$420,000$132/sqft
        Source: ARMLS #5971385 Report a problem
        8/29/2019Listed for sale$420,000+100%$132/sqft
        Source: Coldwell Banker Residential Brokerage #5971385 Report a problem
        2/27/2009Sold$210,000-10.2%$66/sqft
        Source: ARMLS #4044885 Report a problem
        8/12/2008Sold$233,750-46.9%$73/sqft
        Source: Public Record Report a problem
        6/8/2006Sold$440,000+47.2%$138/sqft
        Source: Public Record Report a problem
        11/7/2003Sold$299,000$94/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,455 +3.9%$63,920 +4.2%
        2024$2,363 +1.8%$61,330 +245%
        2023$2,321 +2%$17,776 -56%
        2022$2,277 +1.3%$40,420 +2.7%
        2021$2,248 +1.9%$39,370 +4.4%
        2020$2,207 +2.7%$37,700 -0.3%
        2019$2,150 $37,820 +17%
        2018$2,150 +0.5%$32,320 +19.2%
        2017$2,139 +10%$27,120 +2.7%
        2016$1,944 -15.9%$26,400 +27.5%
        2015$2,312 $20,700 +4.9%
        2014-- $19,730 +105.3%
        2013-- $9,610 +21.5%
        2012-- $7,910 -35.3%
        2011-- $12,230 -26.7%
        2010-- $16,680 -37.9%
        2009-- $26,880 +119.6%
        2008-- $12,240 +48.5%
        2007-- $8,240 +32.1%
        2006-- $6,240 +6.8%
        2005-- $5,840
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Alhambra

        Getting around

        53 / 100
        Somewhat Walkable
        49 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Orangewood School
        • Middle: Orangewood School
        • High: Washington High School
        • District: Washington Elementary School 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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