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Sold on 05/12/2026
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  • Bedroom
  • Bath
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315 E Carol Ave, Phoenix, AZ 85020

  • $517,000

    Last sold 05/12/2026 after 48 Days

  • 5

    bed

  • 3

    bath

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

About 315 E Carol Ave

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Property description
100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.
Listed by
Listing Agent - Keith Grayson
Listing Office - Grayson Real Estate
Source: ARMLS mls logo
MLS#7004013 • last updated 2 months ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Electric, Heat Pump, Individual, 2 Or More Units
Heating Individual, Central, Heat Pump, 2 Or More Units, Electric, Natural Gas
MLS # 7004013
Type Multiple Dwellings
Status Closed
Property Tax 428
Year Built 1940
Interior
Flooring Ceramic Tile, Vinyl
Appliances Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Off Street, 1 Space/Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision TENGEN PLACE ADDITION
Community Features No Pool
Elementary School Sunnyslope Elementary School
Elementary School District Washington Elementary School District
Middle School Sunnyslope Elementary School
High School District Glendale Union High School District
High School Sunnyslope High School
APN 159-45-086
Zoning R3
Directions From AZ-51 And Northern West On Northern, North On 7th Street, West On Hatcher, North On 5th Street, West On Carol To Property.
Multifamily Details
Total # of Units 3
Expense: Operating 8978
Financial Data Source Owner
Expense: Insurance 1950
Net Operating Income 43822
Gross Income 52800
Expense: Electric 3600
Expense: Water/Sewer 3000
Gross Scheduled Income 52800
Lot/ Land Details
Road Surface Asphalt
  • May 2026
    mls logo MLS # 7004013
  • May 12, 2026 Sold
    $517,000 (-4.2%)
  • Apr 29, 2026 Pending
    —
  • Apr 13, 2026 Active
    —
  • Mar 25, 2026 Listed
    $539,900 (-0.9%)
  • Mar 2026
    mls logo MLS # 6955520
  • Mar 7, 2026 Price Change
    $544,900 (-0.5%)
  • Mar 1, 2026 Price Change
    $547,500 (-0.3%)
  • Feb 25, 2026 Price Change
    $549,000
  • Feb 13, 2026 Price Change
    $549,500 (-1.9%)
  • Feb 2, 2026 Price Change
    $559,900 (-0.9%)
  • Jan 16, 2026 Price Change
    $564,900 (-1.7%)
  • Jan 1, 2026 Price Change
    $574,900 (-1.7%)
  • Dec 19, 2025 Price Change
    $584,900 (-1.7%)
  • Dec 15, 2025 Price Change
    $594,900
  • Dec 8, 2025 Listed
    $595,000 (+83.1%)
  • Aug 2025
    mls logo MLS # 6825850
  • Aug 4, 2025 Sold
    $325,000 (-9.7%)
  • Jul 23, 2025 Pending
    —
  • Jul 17, 2025 Listed
    —
  • Jul 9, 2025 Pending
    —
  • Jun 12, 2025 Price Change
    $359,900 (-1.4%)
  • May 7, 2025 Price Change
    $364,900 (-1.4%)
  • Apr 28, 2025 Listed
    —
  • Apr 21, 2025 Pending
    —
  • Feb 24, 2025 Listed
    $369,900 (-8.7%)
  • Sep 2024
    mls logo MLS # 6766565
  • Sep 30, 2024 Listed
    $405,000 (+221.4%)
  • Jun 2019
    mls logo MLS # 5916380
  • Jun 3, 2019 Sold
    $126,000 (-6.7%)
  • May 1, 2019 Ucb
    —
  • Apr 25, 2019 Listed
    $135,000 (+172.7%)
  • Oct 2012
    mls logo MLS # 4812948
  • Oct 10, 2012 Sold
    $49,500
  • Sep 2, 2012 Listed
    —
  • 315 E Carol Ave
    $517K
  • North Mountain
    $397K -4% y/y
  • 85020
    $399K -9% y/y
  • Phoenix
    $467K -1% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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