1002 E Fairmount Avenue, Phoenix, AZ 85014

Sold Price
$700,000
List Price
$730,000
Closing Date
Jul 01, 2025
Days on Market
135
Status
CLOSED
MLS#
6822102
City
Phoenix
Subdivision
Kay Tract
Year Built
1930

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

School District
Phoenix Union High School District
Community Features
No Pool
Construction
Painted, Block
Cooling
Ceiling Fan(s), Electric
Electric
APS
Flooring
Ceramic Tile, Concrete
Heating
Electric
New Financing
Owner May Carry, Conventional
Parking Features
Add'l Parking Avail, 1 Space/Unit, On Street
Roofing
Composition
Sewer
Public Sewer
Subdivision
Kay Tract
Taxes
$2,146
Tax Year
2024
Units
3
Water
City Franchise
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 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 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.