Movoto Real Estate
Search
About Tour Schools Neighborhood Places of interest Commute Home value Property history Market statistics

1020 E Fairmount Ave, Phoenix, AZ 85014

  • $520,000

  • 2

    bed

  • 2

    bath

Multi-family for sale 314 days
$20K price increase
80 homes bought nearby with Movoto recently

About 1020 E Fairmount Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Rental estimate
Property description
Must be sold with the 3 other parcels (15 units total). Herradura Villas (Duplex) has undergone a comprehensive renovation with no detail overlooked. Each unit 1-bedroom, 1-bathroom units boasts high-end finishes and thoughtful upgrades, including brand-new roofs, tankless water heaters, new sewer and water lines, smooth synthetic stucco with foam backing, upgraded electrical systems and panels, modern kitchen cabinetry, flooring, and bathrooms. All permitted with certificates of Occupancy. Each unit is individually metered for electricity and gas, while each building is individually metered for water. All buildings at the property have received extensive infrastructure upgrades, making this community a turn-key, low-maintenance investment.
Listed by
Listing Agent - Dallin J Hammond
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#6900048 • last updated 5 months ago
Movoto checked ARMLS for data 9 minutes ago
Request a virtual or in-person tour
Overview
Cooling/AC Central Air, Individual
Heating Individual
MLS # 6900048
Type Multiple Dwellings
Status Active
Property Tax 923
Year Built 1963
Interior
Flooring Vinyl
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Washer/Dryer, W/D Hookup
Exterior
Roof Foam
Construction Wood Frame, Stucco, Block
Parking >1 Space Per Unit, On Street
# of Open Parking Spaces 4
Amenities / Utilities
Water Source Individual Meter, 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 118-03-029-B
Zoning R-3
Multifamily Details
Total # of Units 2
Expense: Operating 923
Financial Data Source Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 27323
Gross Income 32946
Gross Scheduled Income 34680
Tour this home
When would you like to see 1020 E Fairmount Ave?
question
Have a question about this property? Call us at (844) 430-0869
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
3/10
North High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Encanto

Explore everything this neighborhood has to offer.
View homes for sale in 85014, AZ
65/100
Walk
62/100
Family
92/100
Dining
97/100
Pet
  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85014
  • 1020 E Fairmount Ave

My commute

Enter a destination to see travel time and distance.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Phoenix, AZ

Nearby recently sold homes in Phoenix, AZ

Newest listings in 85014

Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Arizona Multiple Listing Service, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Arizona Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Arizona Multiple Listing Service™ system. All information provided is deemed reliable but is not guaranteed and should be independently verified. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.