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Sold on 05/19/2015

1916 E Fairmount Ave, Phoenix, AZ 85016

  • $185,000

    Last sold 05/19/2015 after 209 Days

  • 4

    bed

  • 4

    bath

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

About 1916 E Fairmount Ave

Property type Multi-family
Neighborhood
Year built 1954
HOA fee $0/month
Property description
Primary Residence or Investment Opportunity with income producing units. Located in a primarily residential neighborhood. Not over crowed with other rentals or condos. Both buildings qualify for residential financing. All units are One Bedroom. Approx $60k in improvements from time owner acquired property, such as new roof, courtyard, landscaping, paving, appliances and other unit improvements. Nicely landscaped. Court yard between both buildings. Pavement with ample parking. Walking distance to public transportation. The financials will be provided in escrow buyer will need to verify all financials and details. Contact Lister with any questions. No sign on property, do not disturb tenants. 1920 also available, making this a great 4 or 8 plex opportunity.
Listed by
Listing Agent - Sam Pollina
Listing Office - Realty Executives
Source: ARMLS mls logo
MLS#5190804 • last updated 1 year ago
Movoto checked ARMLS for data 10 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5190804
Type Multiple Dwellings
Virtual Tour N/A
Status Closed
Property Tax 860
Year Built 1954
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Free
# of Open Parking Spaces 7
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Community Features No Pool
Elementary School Loma Linda Elementary School
Elementary School District Creighton Elementary District
Middle School Loma Linda Elementary School
High School District Phoenix Union High School District
High School Camelback High School
APN 119-28-126
Directions Take 20th Street South To Fairmount Avenue West To Property.
Multifamily Details
Total # of Units 4
Expense: Operating 5956
Financial Data Source Projected Proforma, Books Shwn Accpt Ofr
Expense: Insurance 1316
Net Operating Income 13280
Gross Income 19200
Expense: Electric 180
Expense: Professional Management 1200
Expense: Water/Sewer 1800
Gross Scheduled Income 19200
Expense: Gardener 600
We are not permitted to show value estimates for this property.
  • May 2015
    mls logo MLS # 5190804
  • May 19, 2015 Sold
    $185,000
  • Oct 22, 2014 Listed
    $215,000 (-6.5%)
  • May 2015
    Public Records
  • May 18, 2015 Sold
    $185,000 (-14.0%)
  • Sep 2004
    Public Records
  • Sep 30, 2004 Sold
    $230,000 (+58.6%)
  • Apr 2001
    Public Records
  • Apr 11, 2001 Sold
    $145,000
  • 1916 E Fairmount Ave
    $185K
  • Camelback East
    $762K
  • 85016
    $565K -1% y/y
  • Phoenix
    $468K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Loma Linda Elementary School
public Grades PK, K-8
Creighton 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.

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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85016
  • 1916 E Fairmount Ave
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