1021 E Fairmount Ave Phoenix, AZ 85014
Central City NeighborhoodEstimated payment $10,959/month
Highlights
- Cooling Available
- Patio
- Landscaped
- Longview Elementary School Rated 9+
- Outdoor Storage
- 5 Car Garage
About This Home
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.
Listing Agent
Matthews Real Estate Investment Services License #SA692958000 Listed on: 03/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,003
Year Built
- Built in 1964
Lot Details
- Fenced
- Landscaped
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Parking
- 5 Car Garage
- 1 Open Parking Space
- Carport
- On-Street Parking
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Longview Elementary School
- North High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 1
- Assessor Parcel Number 118-06-017-B
Community Details
Overview
- 3 Buildings
- 8 Units
- Building Dimensions are 19533
- West Idlewilde Subdivision
Building Details
- Operating Expense $29,218
- Gross Income $156,279
- Net Operating Income $126,747
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | Price Changed | $1,950,000 | -7.1% | -- |
| 03/12/2026 03/12/26 | For Sale | $2,100,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6997176
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 3817 N 9th Place
- 1006 E Weldon Ave
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- 1018 E Osborn Rd Unit A
- 1145 E Whitton Ave Unit 1007
- 3551 N 12th St Unit 101
- 914 E Osborn Rd Unit 403
- 914 E Osborn Rd Unit 416
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- 3515 N 12th St
- 4238 N 10th Place
- 1026 E Fairmount Ave Unit 2
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- 1033 E Indianola Ave
- 906 E Fairmount Ave Unit 3
- 906 E Fairmount Ave
- 3903 N 12th St
- 1010 E Osborn Rd Unit E
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- 920 E Devonshire Ave Unit 2027
- 3427 N 12th Place Unit 1
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- 4306 N 12th St
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- 840 E Turney Ave
Ask me questions while you tour the home.