For Sale
$405,000

315 Carol Ave Phoenix, AZ 85020

Three-unit rental property, Sunnyslope location.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This Phoenix, Arizona multifamily investment opportunity presents a compelling value-add proposition. Located at 315 E Carol Ave, in the desirable Sunnyslope submarket, this property consists of a single building encompassing three rental units on a 7,373 square foot lot (APN 159-45-086). The property features a total of 1,781 square feet of living space. The configuration includes a single-family residence at the front of the property with one bedroom and one bathroom, and a rear duplex with two, two-bedroom/one-bathroom units. This triplex benefits from its proximity to HonorHealth John C. Lincoln Medical Center and Sunnyslope High School, enhancing its appeal to renters. The property is zoned R-3, offering potential for future development or expansion (subject to city approvals). The asking price is $405,000, presenting a strong opportunity for investors seeking a well-located property with significant upside potential in a thriving Phoenix neighborhood. This is an excellent chance to acquire a stable income-generating asset with potential for increased returns through value-add strategies.

Highlights

  • $405,000 asking price.
  • Three-unit multifamily property in Phoenix, AZ.
  • 1,781 square feet on a 7,373 square foot lot.
  • R-3 zoning.
  • APN: 159-45-086.

Property Details for 315 Carol Ave

Property type
Residential income homes
Square Feet
1,781 SF
Buildings
1
Units
3

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.571932
Longitude
-112.068526

FAQs

What type of property is this?
Residential income home - Three-unit rental property, Sunnyslope location.
Where is the residential income home located?
The property is located at 315 Carol Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: $405,000 asking price.; Three-unit multifamily property in Phoenix, AZ.; 1,781 square feet on a 7,373 square foot lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
315 Carol Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message