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7549 N 21ST Avenue

Phoenix, AZ 85021
  • $840,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 6951436
UPDATED: 52 min ago
$840,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-11T10:13:07.183.
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7549 N 21ST Avenue Phoenix, AZ 85021

  • Price: $840,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 52 min ago
  • MLS #: 6951436
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2003
Built
Neighborhood:
Morten Avenue Estates
County:
Maricopa
Area:
Phoenix
Elementary School:
Orangewood School
Middle School:
Orangewood School
High School:
Washington High School
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.
Exterior Features

Attached Garage YN No Construction Materials Wood FramePaintedStucco Covered Spaces 0 Open Parking Spaces 6 Parking Features PavedAssigned<1 Space Per Unit Roof Composition

Interior Features

Appliances Included Washer Dryer Yes Cooling Ceiling Fan(s)Electric Cooling YN Yes Heating Heat PumpElectric Heating YN Yes Interior Features []

Property Features

Community Features No Pool Disclosures Seller Prop Disc Stm Flooring [] Gross Income 64344.68 Listing Terms Conventional1031 Exchange Owner Pays Trash CollectionWaterSewerLandscaping Ownership Fee Simple Project Type Quadraplex Yes Sewer Sewer-In & ConnectedPublic Sewer Tax Annual Amount 2490 Tax Year 2025 Water Source City Franchise Zoning R-3

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-11T10:13:07.183.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251