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Sold on 05/30/2020

2122 E Fairmount Ave, Phoenix, AZ 85016

  • $4,470,000

    Last sold 05/30/2020 after 274 Days

  • 45

    bed

  • 23

    bath

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

About 2122 E Fairmount Ave

Property type Multi-family
Neighborhood
Year built 1956
HOA fee $0/month
Property description
Each building of the Modern Retro Living is of single-story block construction with pitched roofs. The fully renovated property features in-suite laundry machines, private patios in select units, extra storage, and covered parking. The community also features attractive resort-style grounds with a large swimming pool and mature landscaping around the property.The units at the Modern Retro Living have been extensively renovated in 2016. They feature modern shaker-style cabinetry with brushed nickel hardware, new countertops with subway tile backsplashes, polished concrete flooring, full-size stainless-steel appliances with dishwashers and built-in microwaves, contemporary bathroom vanities, subway tile shower surrounded with new brushed nickel fixtures, ceiling
Listed by
Listing Agent - Dallin J Hammond
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#5983835 • last updated 3 years ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Electric
MLS # 5983835
Type Multiple Dwellings
Status Closed
Property Tax 8695
Year Built 1956
Interior
Flooring Concrete
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, Carport
# of Covered Spaces 23
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features Pool
Elementary School District Creighton Elementary District
High School District Phoenix Union High School District
APN 119-21-021-E
Zoning R-3
Multifamily Details
Total # of Units 23
Expense: Operating 104244
Financial Data Source Other (See Remarks)
Expense: Maintenance 5400
Vacancy Allowance 0.05
Expense: Insurance 4740
Net Operating Income 257347
Gross Income 335252.15
Expense: Electric 4224
Expense: Other 38699
Expense: Professional Management 12840
Expense: Water/Sewer 20856
Gross Scheduled Income 329054
Expense: Gardener 8790
We are not permitted to show value estimates for this property.
  • May 2020
    mls logo MLS # 5983835
  • May 29, 2020 Sold
    $4,470,000
  • 2122 E Fairmount Ave
    $4.47M
  • Camelback East
    $762K
  • 85016
    $575K -4% y/y
  • Phoenix
    $474K -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
2/10
Camelback 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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  • Maricopa County
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  • 2122 E Fairmount Ave
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