AZ
Maricopa
Phoenix
85003
1015 S 1ST Avenue
1015 S 1ST Avenue, Phoenix, AZ 85003
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Listing Type
Multi Family
Listing Status
Active
14
$714,900

Home Details for 1015 S 1ST Avenue

Price
$714,900
Type
Residential Income
Year built
1936
County
Maricopa
Listing #
6992945
Listing Courtesy: Jason Mitchell Real Estate - 480-522-1030
Property Description

Exceptional 3-unit, garden-style investment opportunity offering a 9.23% gross CAP rate. The property features a thoughtfully reimagined front residence originally built in 1936 and fully renovated in 2024, along with a newly constructed rear ADU completed in 2024. The unit mix includes one (1) 3-bed/2-bath unit, (1) 2-bed/2bath unit, and (1) 2-bed/1-bath unit. Each residence offers fully upgraded interiors with white quartz countertops, luxury vinyl plank flooring, subway tile showers, stainless steel appliances, and in-unit washer and dryer. Recent exterior improvements include new stucco, dual-pane windows, new HVAC systems, a new roof, and ample on-site storage. Tenants also enjoy access to a spacious shared backyard area, creating a comfortable outdoor setting for residents. designed for shared outdoor living. Ideally situated in the Roosevelt Arts District, the property offers convenient access to Downtown Phoenix's thriving cultural venues, acclaimed dining, and premier entertainment destinations.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Electric
  • Heating Information
    • Forced Air
    • Central
  • Water Features
    • Public
School Information
School Information for 1015 S 1ST Avenue, Phoenix, AZ 85003
Elementary School
Lowell Elementary School
Middle School
Phoenix #1 iAcademy
High School
N/A
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Last Updated: 2026-05-06 19:01:14
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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