2016 W Orangewood Ave Phoenix, AZ 85021
Alhambra NeighborhoodEstimated payment $26,094/month
Highlights
- Heated Community Pool
- Cooling Available
- Individual Controls for Heating
- Washington High School Rated A-
- Carpet
About This Home
Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Macallister, a 24-unit apartment community, just north of the Glendale Avenue and 19th Avenue intersection, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.
Developed in 2018, Macallister is comprised of 12 studios (50%), 8 one-bedroom (33%), and 4 two-bedroom (17%) floorplans, offering an average of 700 square feet. All units feature attractive amenities including 9-foot ceilings, balconies/patios (select units), in-suite washer/dryers, stainless steel appliances, and granite countertops.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,774
Year Built
- Built in 2018
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 8 Open Parking Spaces
- 32 Parking Spaces
- 24 Covered Spaces
- Over 1 Space Per Unit
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 157-19-140
Community Details
Overview
- 2 Buildings
- 24 Units
- Building Dimensions are 0.78
Recreation
- Heated Community Pool
Building Details
- Operating Expense $124,259
- Gross Income $335,560
- Net Operating Income $213,896
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $4,550,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6911601
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