Listed price in listed location currency (USD).
$699,900

005

MLS® 6992945

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $523
Days Active 106
Lot Size 
Approx. Age 1936
MLS® Number 6992945

Property Address: 1015 S 1st Ave, Phoenix, AZ, 85003-2601

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 3-unit, garden-style investment opportunity offering a 9.23% gross CAP rate. The property features a thoughtfully reimagined front residence originally built in 1936 and fully renovated in 2024, along with a newly constructed rear ADU completed in 2024. The unit mix includes one (1) 3-bed/2-bath unit, (1) 2-bed/2bath unit, and (1) 2-bed/1-bath unit. Each residence offers fully upgraded interiors with white quartz countertops, luxury vinyl plank flooring, subway tile showers, stainless steel appliances, and in-unit washer and dryer. Recent exterior improvements include new stucco, dual-pane windows, new HVAC systems, a new roof, and ample on-site storage. Tenants also enjoy access to a spacious shared backyard area, creating a comfortable outdoor setting for residents. designed for shared outdoor living. Ideally situated in the Roosevelt Arts District, the property offers convenient access to Downtown Phoenix's thriving cultural venues, acclaimed dining, and premier entertainment destinations.
MLS® Number6992945
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1936
Basement
Driveway>1 Space Per Unit
Garage Spaces
HeatCentral, Forced Air
A/CElectric, Ceiling Fan(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$699,900List Price
  • Commute

Commute

Starting Address
Destination Address
1015 S 1St Ave, Phoenix, AZ

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