Are you looking for a lucrative investment property in the heart of Phoenix, AZ? Look no further! An exceptional 4-plex property at 925 E Fairmount Ave conveniently situated near Banner Hospital and boasting numerous upgrades.
Property Highlights:
Location, Location, Location: Nestled in a highly desirable area of Phoenix, this 4-plex property enjoys close proximity to Banner Hospital, making it a prime spot for potential tenants and a strong rental market.
Fully Occupied: All four units are currently fully occupied, ensuring a steady stream of rental income from day one. No need to worry about vacancies or turnover costs!
Recent Upgrades:** This property has been thoughtfully maintained and upgraded. Newer air conditioners and a newer roof provide peace of mind and reduce maintenance
Sold for $950,000
$950,000
925 E Fairmount Avenue, Phoenix, AZ 85014
6beds
4baths
2,694sqft
Multi Family
Built in 1977
-- sqft lot
$924,541 Zestimate®
$353/sqft
$2,563 Estimated rent
Home value
$924,541
$878,000 - $971,000
$2,563/mo
Zestimate® history
Owner options
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$2,563/mo
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$2,563/mo
Rent Zestimate®
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$5,361/mo
Est. payment
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$5,361/mo
Est. payment
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Newer roofNewer air conditioners
Zillow last checked:
Listing updated:
Listed by:
Linda S Gerchick 602-688-9279,
Gerchick Real Estate
Bought with:
Trisha Smith, SA657602000
Realty ONE Group
Source: ARMLS,MLS#: 6615379
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Individual, Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump, Individual
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,694
- Total interior livable area: 2,694 sqft
Property
Parking
- Total spaces: 6
- Parking features: Free, >1 Space Per Unit, Carport
- Has carport: Yes
- Uncovered spaces: 6
Details
- Parcel number: 11805037A
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1977
Utilities & green energy
- Electric: APS
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Master Meter, City Franchise
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: See Remarks
Location
- Region: Phoenix
Other
Other facts
- Listing terms: No Carry,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2025 | Listing removed | $949,9000%$353/sqft |
Source:  ARMLS #6442410 Report a problem | ||
| 1/30/2024 | Sold | $950,000-4.5%$353/sqft |
Source: ARMLS #6615379 Report a problem | ||
| 1/17/2024 | Pending sale | $995,000$369/sqft |
Source: ARMLS #6615379 Report a problem | ||
| 11/2/2023 | Price change | $995,000-5.2%$369/sqft |
Source: ARMLS #6615379 Report a problem | ||
| 10/8/2023 | Listed for sale | $1,050,000+10.5%$390/sqft |
Source: ARMLS #6615379 Report a problem | ||
| 3/7/2023 | Listing removed | -- |
Source:  HomeSmart Report a problem | ||
| 10/19/2022 | Price change | $949,900-5%$353/sqft |
Source: ARMLS #6442410 Report a problem | ||
| 9/15/2022 | Price change | $999,750-2.8%$371/sqft |
Source: ARMLS #6442410 Report a problem | ||
| 9/7/2022 | Price change | $1,029,000-2%$382/sqft |
Source: ARMLS #6442410 Report a problem | ||
| 7/30/2022 | Listed for sale | $1,050,000$390/sqft |
Source: ARMLS #6442410 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | $30,840 +12.6% |
| 2019 | $1,797 | $27,400 |
Find assessor info on the county website
Neighborhood: Encanto
Nearby schools
GreatSchools rating
- 9/10Longview Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 2/10North High SchoolGrades: 9-12Distance: 0.9 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
$924,541
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
$924,541
- Arizona
- Maricopa County
- Phoenix
- 85014
- Encanto
- 925 E Fairmount Avenue
Nearby cities
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