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740 W Cinnabar Ave, Phoenix, AZ 85021

$305,000
•
  • 4

    bed

  • 2

    bath

Multi-family for sale 194 days
$30K price drop
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About 740 W Cinnabar Ave

Property type Multi-family
Neighborhood
Year built 1954
HOA fee $0/month
Movoto estimate
Property description
Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $900 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.
Listed by
Listing Agent - Daniel Rosenbaum
Listing Office - Rosenbaum Realty Group
Source: ARMLS mls logo
MLS#6987999 • last updated 1 month ago
Movoto checked ARMLS for data 3 minutes ago
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Overview
Cooling/AC Central Air
Heating Electric
MLS # 6987999
Type Multiple Dwellings
Status Active
Property Tax 872
Year Built 1954
Interior
Total # of Bathrooms 2
Total # of Bedrooms 4
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Free, <1 Space Per Unit
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision IRONWOOD PLACE
Community Features No Pool
Elementary School Mountain View Elementary School
Elementary School District Washington Elementary School District
Middle School Royal Palm Middle School
High School District Glendale Union High School District
High School Sunnyslope High School
APN 158-29-034
Zoning R-3
Directions From I-17 N Take Exit 208 Toward Peoria Ave, Merge Onto N Black Cyn Hwy, Head East Onto W Peoria Ave, Turn Right Onto N 9th Ave, Turn Left Onto W Cinnabar Ave. Property Will Be On The Left.
Multifamily Details
Total # of Units 2
Expense: Operating 872
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.03
Net Operating Income 13440
Gross Income 18624
Gross Scheduled Income 19200
Lot/ Land Details
Road Surface Asphalt
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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.

Around North Mountain

Explore everything this neighborhood has to offer. Learn more about North Mountain.
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41/100
Walk
80/100
Family
89/100
Dining
98/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85021
  • North Mountain
  • 740 W Cinnabar Ave

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