1002 E Fairmount Avenue, Phoenix, AZ 85014

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Sold Price
$700,000
List Price
$730,000
Status
CLOSED
Days on Market
135
Closing Date
Jul 01, 2025
MLS#
6822102
Subtype
Multiple Dwellings
Year Built
1930
Bedrooms
4
Bathrooms
1002
Subdivision
Kay Tract

Property Description

Seller financing is available with a minimum 20% down payment & 4% Interest Rate . This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance. In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club

Additional Information

Taxes
$2,146
Zoning
R-3
Flooring
Ceramic Tile
Appliances
Built-In Range
Heating
Electric
Air Conditioning
Electric, Ceiling Fan(s)
Exterior Construction
Block, Painted
Parking Features
1 Space/Unit, On Street

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Thomas Palestina (602-714-1297) from Listing Office: ABI Multifamily.

Selling Office: R.O.I. Properties.

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.