2118 W Belmont Avenue, Phoenix, AZ 85021
- $1,050,000
- Sold Price
- $1,050,000
- List Price
- $1,080,000
- Status
- CLOSED
- Days on Market
- 64
- Closing Date
- Nov 26, 2025
- MLS#
- 6922688
- Subtype
- Multiple Dwellings
- Year Built
- 1986
- Subdivision
- Vista Income Estates 2
Property Description
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.
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Additional Information
- Taxes
- $5,261
- Zoning
- R-3
- Flooring
- Other
- Heating
- Electric, Heat Pump
- Air Conditioning
- Heat Pump, Electric, Ceiling Fan(s)
- Exterior Construction
- Wood Frame, Painted, See Remarks
- Parking Features
- Paved, >1 Space Per Unit, Assigned
- High School
- Glendale High School
Mortgage Calculator
Listing courtesy of Listing Agent: James C Stephens (602-672-3526) from Listing Office: Better Homes & Gardens Real Estate SJ Fowler.
Selling Office: RE/MAX Alliance Group.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.