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Sold on 07/02/2025
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  • View/Area
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1002 E Fairmount Ave, Phoenix, AZ 85014

  • $700,000

    Last sold 07/02/2025 after 135 Days

  • 3

    bed

  • 1001

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 1002 E Fairmount Ave

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Rental estimate
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
Listed by
Listing Agent - Thomas Palestina
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#6822102 • last updated 11 months ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6822102
Type Multiple Dwellings
Status Closed
Property Tax 2146
Year Built 1930
Interior
Flooring Ceramic Tile, Concrete
Appliances Built-In Range
Exterior
Roof Composition
Construction Painted, Block
Parking Add'l Parking Avail, 1 Space/Unit, On Street
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision KAY TRACT
Community Features No Pool
Elementary School District Osborn Elementary District
High School District Phoenix Union High School District
APN 118-03-035
Zoning R-3
Multifamily Details
Total # of Units 3
Expense: Operating 2146
Financial Data Source Other (See Remarks)
We are not permitted to show value estimates for this property.
  • Jul 2025
    mls logo MLS # 6822102
  • Jul 2, 2025 Sold
    $700,000 (-4.1%)
  • Mar 31, 2025 Active
    —
  • Mar 14, 2025 Price Change
    $730,000 (-2.0%)
  • Feb 28, 2025 Price Change
    $745,000 (-6.3%)
  • Feb 17, 2025 Listed
    $795,000 (-11.6%)
  • Oct 2024
    mls logo MLS # 6762028
  • Oct 18, 2024 Price Change
    $899,000 (-0.1%)
  • Sep 25, 2024 Listed
    $900,000 (+100.0%)
  • Jul 2024
    mls logo MLS # 6693808
  • Jul 10, 2024 Price Change
    $450,000 (-2.2%)
  • Apr 18, 2024 Listed
    $460,000 (-7.1%)
  • Oct 2022
    mls logo MLS # 6469119
  • Oct 31, 2022 Price Change
    $495,000 (-9.2%)
  • Sep 26, 2022 Listed
    $545,000 (+2.0%)
  • Jun 2022
    mls logo MLS # 6334509
  • Jun 6, 2022 Price Change
    $534,500 (-1.8%)
  • May 31, 2022 Price Change
    $544,500 (-1.8%)
  • May 23, 2022 Price Change
    $554,500 (-0.9%)
  • May 16, 2022 Price Change
    $559,500 (-1.8%)
  • May 9, 2022 Price Change
    $569,500 (-1.7%)
  • Apr 25, 2022 Price Change
    $579,500
  • Mar 21, 2022 Price Change
    $580,000 (-4.1%)
  • Feb 23, 2022 Price Change
    $605,000 (-1.6%)
  • Jan 31, 2022 Price Change
    $615,000 (-1.6%)
  • Dec 22, 2021 Listed
    $625,000
  • 1002 E Fairmount Ave
    $700K
  • Encanto
    $539K
  • 85014
    $460K -18% y/y
  • Phoenix
    $474K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Longview Elementary School
public Grades PK, K-8
Osborn Elementary District
4/10
Osborn Middle School
public Grades 7-8
Osborn Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
North High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 1002 E Fairmount Ave
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