Movoto Real Estate
Sold on 07/01/2022

312 E Kinderman Dr, Avondale, AZ 85323

  • $2,150,000

    Last sold 07/01/2022 after 123 Days

  • 22

    bed

  • 12

    bath

Multi-family not for sale
Movoto is helping 29 homebuyers near you

About 312 E Kinderman Dr

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Property description
Here is the perfect opportunity to build your portfolio on this 12 unit complex. Entire property is fully leased and professionally managed. Units have been semi-updated with various stages of flooring, paint, kitchen and bathroom renovations throughout. Many of the big ticket items have been done–Exterior Paint (2015), multiple units had new A/C Units (2013), new roof on some buildings and new sewer lines to all buildings. This is a diamond in the rough!!!! Up and coming location in Arizona's 14th largest city. Includes 306/312 E Kinderman. All 12 units included in the sale.
Listed by
Listing Agent - Emily Duarte
Listing Office - Keller Williams Realty Phoenix
Source: ARMLS mls logo
MLS#6361702 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Window/Wall Unit
Heating Central, Heat Pump, Window/Wall Unit(s), Electric, Natural Gas
MLS # 6361702
Type Multiple Dwellings
Status Closed
Property Tax 1691.2
Year Built 1969
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Other, Refrigerator
Exterior
Roof Composition, Built-Up
Construction Painted, Stucco, Block
Parking Paved, Free, Add'l Parking Avail, >1 Space Per Unit
# of Open Parking Spaces 24
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Sewer - Available, Sewer-In & Connected, Public Sewer
Location
Subdivision Harmony Village Apartment
Community Features No Pool
Elementary School Eliseo C. Felix School
Elementary School District Avondale Elementary District
Middle School Avondale Middle School
High School District Agua Fria Union High School District
High School Agua Fria High School
APN 500-17-152
Zoning R4 & R3
Directions From Van Buren: South On Dysart. West (Right) On Riley. South (Left) On 5th Street. West (Right) On Kinderman To Harmony Village Apartments Located On The North (right) Side.
Multifamily Details
Total # of Units 12
Expense: Operating 37632.63
Financial Data Source Owner, Projected Proforma, Books Shwn Accpt Ofr
Expense: Maintenance 4725
Vacancy Allowance 0.05
Expense: Insurance 2808
Net Operating Income 133780
Gross Income 162841.4
Expense: Electric 363.43
Expense: Professional Management 16951
Expense: Water/Sewer 7229
Gross Scheduled Income 171412
Expense: Gardener 3865
We are not permitted to show value estimates for this property.
  • Feb 2023
    mls logo MLS # 5773753
  • Feb 17, 2023 Sold
    $750,000 (-65.1%)
  • May 25, 2018 Listed
  • Jul 2022
    mls logo MLS # 6361702
  • Jul 1, 2022 Sold
  • Jun 22, 2022 Pending
  • Jun 22, 2022 Sold
    $2,150,000 (-6.3%)
  • May 24, 2022 Pending
  • Mar 30, 2022 Price Change
    $2,295,000 (-4.2%)
  • Feb 28, 2022 Listed
    $2,395,000 (+219.3%)
  • Jul 2022
    Public Records
  • Jul 1, 2022 Sold
    $2,150,000
  • Sep 2018
    Public Records
  • Sep 18, 2018 Sold
    $750,000 (+150.0%)
  • Oct 2013
    Public Records
  • Oct 18, 2013 Sold
    $300,000 (-50.0%)
  • Dec 2005
    Public Records
  • Dec 12, 2005 Sold
    $600,000
  • 312 E Kinderman Dr
    $2.15M
  • North Old Town
    $270K -16% y/y
  • 85323
    $449K +1% y/y
  • Avondale
    $461K +2% y/y
No chart available
Statistics calculated by Movoto

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2/10
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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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