Movoto Real Estate

7549 N 21st Ave, Phoenix, AZ 85021

$780,000
  • 8

    bed

  • 4

    bath

Multi-family for sale 295 days
$10K price drop

About 7549 N 21st Ave

Property type Multi-family
Neighborhood
Year built 2003
HOA fee $0/month
Property description
Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only,  please do not disturb tenants. No sign on the property.
Listed by
Listing Agent - Richard Harless
Listing Office - AZ Flat Fee
Source: ARMLS mls logo
MLS#6951436 • last updated 1 week ago
Movoto checked ARMLS for data 3 minutes ago
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Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Heat Pump, Electric
MLS # 6951436
Type Multiple Dwellings
Status Active
Property Tax 2490
Year Built 2003
Interior
Total # of Bathrooms 4
Total # of Bedrooms 8
Flooring Tile
Appliances Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking Paved, Assigned, <1 Space Per Unit
# of Open Parking Spaces 6
Exterior Features Sidewalk(s)
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision MORTEN AVENUE ESTATES
Community Features No Pool
Elementary School Orangewood School
Elementary School District Washington Elementary School District
Middle School Orangewood School
High School District Glendale Union High School District
High School Washington High School
APN 157-19-118
Zoning R-3
Directions West On Northern To 21st Avenue, South To The Property On The East Side Of 21st Avenue
Multifamily Details
Total # of Units 4
Expense: Operating 16356.45
Financial Data Source Owner
Expense: Insurance 2001
Net Operating Income 9483.37
Gross Income 64344.68
Expense: Electric 345.84
Expense: Other 5618.68
Expense: Water/Sewer 3335.62
Gross Scheduled Income 64344.68
Lot/ Land Details
Road Surface Asphalt
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85021
  • Vista Income Estates
  • 7549 N 21st Ave

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