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$675,000

Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

4 Beds ⋅ 4 Baths ⋅ 7061053 MLS

Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

338 N 1st Street, Avondale

Listing courtesy of Listing Agent: David Tipei (623-498-9000) from Listing Office: eXp Realty.

$380,000

Great duplex opportunity featuring two 2-bedroom, 1-bath units with separate entrances and functional layouts. Each unit offers spacious living areas, tile flooring throughout, neutral interior finishes, and kitchens with white cabinetry, solid surface counters, and stainless steel appliances. Bathrooms feature modern vanities. Private fenced patio areas provide added outdoor space for tenants or owner-occupants. Ample on-site parking with low-maintenance gravel landscaping. Convenient location near shopping, dining, schools, and freeway access. Excellent opportunity for a variety of buyers, offering flexible living arrangements and income-producing potential.

2 Beds ⋅ 1 Baths ⋅ 7034046 MLS

Great duplex opportunity featuring two 2-bedroom, 1-bath units with separate entrances and functional layouts. Each unit offers spacious living areas, tile flooring throughout, neutral interior finishes, and kitchens with white cabinetry, solid surface counters, and stainless steel appliances. Bathrooms feature modern vanities. Private fenced patio areas provide added outdoor space for tenants or owner-occupants. Ample on-site parking with low-maintenance gravel landscaping. Convenient location near shopping, dining, schools, and freeway access. Excellent opportunity for a variety of buyers, offering flexible living arrangements and income-producing potential.

421 N Central Avenue, Avondale

Listing courtesy of Listing Agent: Clay Strawn (480-422-8980) from Listing Office: Legion Realty.

Selling Office: HomeSmart.

$700,000

This is a 5-unit apartment community with 2 separate buildings. One building is a 2bed/2bath duplex and the other is a 1bed/1bath triplex on the same parcel. Walking distance to old town Avondale! Entire exterior has been renovated with new paint and landscaping, plus roof replacement and repair, three new AC units, and updated plumbing. Finished with new quartz countertops, new cabinets, new flooring, and remodeled bathrooms. Each unit has a small courtyard with on-site laundry

7 Beds ⋅ 5 Baths ⋅ 7033933 MLS

This is a 5-unit apartment community with 2 separate buildings. One building is a 2bed/2bath duplex and the other is a 1bed/1bath triplex on the same parcel. Walking distance to old town Avondale! Entire exterior has been renovated with new paint and landscaping, plus roof replacement and repair, three new AC units, and updated plumbing. Finished with new quartz countertops, new cabinets, new flooring, and remodeled bathrooms. Each unit has a small courtyard with on-site laundry

231 S 1st Street, Avondale

Listing courtesy of Listing Agent: Colleen Wick (602-525-1552) from Listing Office: Citiea.

$1,150,000

Excellent investment opportunity! This unique property boasts 3 separate buildings with a total of 9 units. B has 2BR/1Bath 658 sq ft unit, building C has 2BR/1Bath 616 sq ft unit. The property presents a significant value-add opportunity. Don't miss this chance to invest in a promising location with significant upside potential. Located with easy access to I-10 and Loop 202, it ensures quick commutes to key areas. Situated west of downtown Phoenix. Hurry won't last! To help visualize this home's floor-plan and to highlight its potential, virtually renovated photos may have been added to this listing.

6756634 MLS

Excellent investment opportunity! This unique property boasts 3 separate buildings with a total of 9 units. B has 2BR/1Bath 658 sq ft unit, building C has 2BR/1Bath 616 sq ft unit. The property presents a significant value-add opportunity. Don't miss this chance to invest in a promising location with significant upside potential. Located with easy access to I-10 and Loop 202, it ensures quick commutes to key areas. Situated west of downtown Phoenix. Hurry won't last! To help visualize this home's floor-plan and to highlight its potential, virtually renovated photos may have been added to this listing.

518 E Western Avenue, Avondale

Listing courtesy of Listing Agent: Joseph P Mahoney (480-433-5792) from Listing Office: JM Realty.

Selling Office: Non-MLS Office.

$730,000

Located at 303 E Ludlow Dr, Avondale, AZ, this investment opportunity consists of four well maintained, two-bedroom, one-bathroom units constructed in 1982. Situated in a convenient and desirable area, these units offer an attractive prospect for real estate investors seeking steady rental income and potential appreciation. The neighborhood surrounding 303 E Ludlow Dr is known for its accessibility to various amenities, schools, and recreational options. Avondale, a thriving suburban community in the Phoenix metropolitan area, offers a vibrant blend of urban conveniences and suburban tranquility. With proximity to major roadways, shopping centers, and parks, this location is appealing to renters seeking convenience and quality of life.

6633095 MLS

Located at 303 E Ludlow Dr, Avondale, AZ, this investment opportunity consists of four well maintained, two-bedroom, one-bathroom units constructed in 1982. Situated in a convenient and desirable area, these units offer an attractive prospect for real estate investors seeking steady rental income and potential appreciation. The neighborhood surrounding 303 E Ludlow Dr is known for its accessibility to various amenities, schools, and recreational options. Avondale, a thriving suburban community in the Phoenix metropolitan area, offers a vibrant blend of urban conveniences and suburban tranquility. With proximity to major roadways, shopping centers, and parks, this location is appealing to renters seeking convenience and quality of life.

303 E Ludlow Drive, Avondale

Listing courtesy of Listing Agent: Andrew A. Smith () from Listing Office: Elite Partners.

Selling Office: HomeSmart.

$860,000

Fully leased out. This is a 5-unit apartment community with 2 buildings located in Avondale, just 1 mile south of I-10 & Dysart. Walking distance to old town Avondale. Renovated in 2022, 231 1st Street is comprised of 2 two-bedroom units and 3 one-bedroom units ranging from 550 - 1,050 square feet in 2 separate buildings. Entire community's exterior has been renovated with new paint, new landscaping, roof replacement and HVAC servicing, along with each unit's interior receiving premium finishes including quarts countertops, new cabinets, and wood-style flooring. On site laundry. More than ample parking available for each unit.

6584389 MLS

Fully leased out. This is a 5-unit apartment community with 2 buildings located in Avondale, just 1 mile south of I-10 & Dysart. Walking distance to old town Avondale. Renovated in 2022, 231 1st Street is comprised of 2 two-bedroom units and 3 one-bedroom units ranging from 550 - 1,050 square feet in 2 separate buildings. Entire community's exterior has been renovated with new paint, new landscaping, roof replacement and HVAC servicing, along with each unit's interior receiving premium finishes including quarts countertops, new cabinets, and wood-style flooring. On site laundry. More than ample parking available for each unit.

231 S 1st Street, Avondale

Listing courtesy of Listing Agent: Seth Rich (602-565-2999) from Listing Office: E & G Real Estate Services.

Selling Office: West USA Realty.