315 E Carol Avenue, Phoenix, AZ 85020

$517,000

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Sold Price
$517,000
List Price
$539,900
Status
CLOSED
Days on Market
35
Closing Date
May 12, 2026
MLS#
7004013
Subtype
Multiple Dwellings
Year Built
1940
Subdivision
Tengen Place Addition

Property Description

100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.

Additional Information

Taxes
$428
Zoning
R3
Flooring
Ceramic Tile
Heating
Zoned, Electric, Natural Gas, Heat Pump, Varies by Unit, Central
Air Conditioning
Central Air, Heat Pump, Electric, Varies by Unit, 2 or More Units
Exterior Construction
Wood Frame, Painted, Stucco
Parking Features
1 Space/Unit, Off Street
Elementary School
Sunnyslope Elementary School
Middle School
Sunnyslope Elementary School
High School
Sunnyslope High School

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Keith Grayson (602-418-0350) from Listing Office: Grayson Real Estate.

Selling Office: Non-MLS Office.

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.