7549 N 21st Avenue, Phoenix, AZ 85021

$790,000

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List Price
$790,000
Price Change
▼ $10,000 1775873488
Days on Market
244
Status
ACTIVE
MLS#
6951436
City
Phoenix
Subdivision
Morten Avenue Estates
Year Built
2003

Property Description

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only,  please do not disturb tenants. No sign on the property.

Additional Information

Elementary School
Orangewood School
High School
Washington High School
Middle School
Orangewood School
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Electric, Ceiling Fan(s)
Electric
SRP
Exterior Features
Sidewalk(s)
Heating
Electric, Heat Pump
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
Paved, <1 Space Per Unit, Assigned
Roofing
Composition
Sewer
Sewer-In & Connected
Subdivision
Morten Avenue Estates
Taxes
$2,490
Tax Year
2025
Tenant Pays
Electricity, Cable TV
Units
4
Water
City Franchise
Zoning
R-3

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of AZ Flat Fee.

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