1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
1021 E FAIRMOUNT Avenue, Phoenix, AZ 85014
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Jenny Spencer

Jenny Spencer

+1(587) 890-0965
$ 2,100,000
Est. payment | /mo
Save
$ 2,100,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision West Idlewilde

MLS Listing ID 6997176

Maintenance Fees $2,604

Year Built 1964

Annual Tax Amount $4,003

Tax Year 2025

Lot Dimensions 19533

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

Location

State AZ

County Maricopa

Community West Idlewilde

Area Maricopa

Zoning R-3

Interior

Heating Natural Gas

Cooling Electric

Flooring Vinyl

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Exterior Feature Sidewalk(s)

Parking Features On Street, Carport

Community Features No Pool

Roof Type Composition

Garage Yes

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Longview Elementary School

Middle Schools Longview Elementary School

High Schools North High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 118-06-017-B

Acceptable Financing Other (See Remarks), Conventional, 1031 Exchange

Disclosures None

Listing Terms Other (See Remarks), Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Matthews Real Estate Investment Services • Bradley Skenderian

Nearby Locations

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+1(587) 890-0965
1816 crowchild trail nw # 700 Calgary T2M3Y7, Canada
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1021 E FAIRMOUNT Avenue