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1747 E Virginia Ave 4 Unit Apartment Building $950,000 ($237,500/Unit) Phoenix, AZ 85006
INVESTMENT HIGHLIGHTS
- 4-Unit Multifamily Investment | Built in 1971 – Well-maintained small multifamily asset featuring four total residential units
- Average Unit Size of 690 Square Feet – Efficiently designed floor plans that maximize livability while maintaining strong rent-to-size ratios
- In-Unit Washer & Dryer in All Units – A premium amenity that improves tenant convenience, supports higher rents, and reduces turnover
- Desirable Unit Mix: Four (4) 2 Bedroom / 1 Bathroom Units – A highly marketable configuration that appeals to a broad tenant base
- Extensively Renovated Interior & Exterior – Property has undergone substantial upgrades, enhancing curb appeal and interior finishes
- Strategic Location Near Phoenix Children’s Hospital – Close proximity to a major medical employment hub
EXECUTIVE SUMMARY
Broker of Record
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
PROPERTY FACTS
| Price | $950,000 | Building Class | C |
| Price Per Unit | $237,500 | Building Size | 2,760 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1971/2018 |
| Property Subtype | Apartment | Parking Ratio | 2.17/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Multi | ||
| Price | $950,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 2,760 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1971/2018 |
| Parking Ratio | 2.17/1,000 SF |
| Zoning | Multi |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Oven
- Window Coverings
SITE AMENITIES
- Courtyard
- Picnic Area
- Cabana
- Grill
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PROPERTY TAXES
| Parcel Number | 117-05-070A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $10,929 |
PROPERTY TAXES
Parcel Number
117-05-070A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,929
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1747 E Virginia Ave
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