$855,000

2124 W Augusta Ave Phoenix, AZ 85021

Alhambra Neighborhood

Estimated payment $4,683/month

Total Views 2,668
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Washington High School Rated A-
  • Ceiling Fan

About This Home

Fully Remodeled Triplex - Turnkey units with luxury upgrades and modern finishes throughout
Combine for 7 Units - Buy adjacent 4-plex (2122 W Augusta) for a total of 7 income-producing units
Residential Financing Eligible - Two parcels allow for conventional or DSCR loan options
$500K+ in Capital Improvements - Major upgrades already completed—save time and money
Strong Tenant Base - 100% leased with immediate cash flow and rental upside
Energy Efficient Upgrades - Dual-pane windows, new hot water heaters, and updated doors
High-End Interiors - Quartz countertops, stainless steel appliances, wood-like tile floors
Private Outdoor Space - Smooth stucco exterior and rear unit backyards boost tenant appeal
Bonus Storage Income - Two storage units onsite create additional revenue Own Your Piece of Phoenix: Fully Remodeled Triplex Multifamily Opportunity!
Location, Luxury, and Investment Potential Await!

Discover a rare opportunity to own a fully remodeled and leased triplex apartment building nestled in the vibrant heart of North Phoenix. This property (with 2122 W Augusta 4 PLEX available as well) spans two parcels, making it eligible for residential financinga unique advantage for savvy investors and homeowners alike. You could own a total of 7 units with 2 loans and 25% down. Also, available to use a DSCR Loan!

Key Features:
- Modern Interiors: Recently upgraded with fresh paint, wood-like tile flooring, and spacious living/dining areas.
- Energy Efficiency:New dual pane windows, doors, and hot water heaters enhance comfort and reduce utility costs.
- Gourmet Kitchens: Featuring ample cabinets, luxurious quartz countertops, and sparkling stainless steel appliances.
- Comfortable Living: Bedrooms flooded with natural light, upgraded ceiling fans, and walk-in closets.
- Upscale Bathrooms: Completely renovated to offer modern comfort and style.
- Exterior Appeal: Even and smooth stucco finish, with private backyards for the rear units.
- Additional Income Potential: Includes two onsite storage rooms, offering extra revenue streams.

Prime Location:
Located in North Phoenix, where historic charm meets trendy establishments. Enjoy proximity to renowned restaurants, shopping centers, and convenient access to major transportation routes.

Investment Highlights:
- Fully leased with immediate income generation.
-Capital Expenses have been taken care of with over 500K in improvements
- Ideal for residential financing, maximizing investment opportunities.
- Potential for continued growth in a thriving rental market.

Don't Miss Out!

Seize this exceptional opportunity to own a meticulously remodeled 7-unit multifamily property in one of Phoenix's most sought-after neighborhoods. Whether you're looking to invest or searching for a stylish home with income potential, this property promises unmatched value. The price above is for the Triplex only.
Act Now!

Disclaimer: Buyer to verify all facts and figures.
Investment and residential financing subject to lender approval. All information deemed reliable but not guaranteed.

Listing Agent

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 04/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1947

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 157-21-016-D

Community Details

Overview

  • 3 Units
  • Building Dimensions are irr
  • Vista Income Estates 2 Subdivision

Building Details

  • Operating Expense $13,763
  • Gross Income $64,688
  • Net Operating Income $42,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$736

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave and Northern
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: [R-3] Multiple
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2024
  • Directions: Turn south from Northern. At Augusta turn east and property is on the north side of the street
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 4896.0
  • Subdivision Name: VISTA INCOME ESTATES 2
  • Tax Parcel Letter: D
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Other, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Free, Add'l Parking Avail, 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Free2: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 2568.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 157-21-016-D

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 1182.0
  • Annual Gross Income: 64688.33
  • Insurance Expense: 1684.0
  • Maintenance Expense: 1668.0
  • Property Net Operating Income: 42353.0
  • Annual Operating Expense: 13763.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 736.0
  • Tax Book Number: 157.00
  • Tax Lot: 16

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $736 $6,020 -- --
2024 $723 $5,734 -- --
2023 $723 $21,320 $4,260 $17,060
2022 $699 $14,420 $2,880 $11,540
2021 $708 $13,930 $2,780 $11,150
2020 $691 $13,070 $2,610 $10,460
2019 $678 $10,260 $2,050 $8,210
2018 $660 $7,770 $1,550 $6,220
2017 $657 $8,210 $1,640 $6,570
2016 $645 $7,310 $1,460 $5,850
2015 $597 $5,970 $1,190 $4,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 For Sale $855,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $905,000 New Conventional
Closed $945,000 New Conventional
Closed $865,000 Construction
Previous Owner $118,500 Unknown
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6854236

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-21-016D

Arizona Maricopa County Phoenix 85021 Alhambra

2124 W Augusta Ave, Phoenix, AZ

This home is located at 2124 W Augusta Ave, Phoenix, AZ 85021 and is currently priced at $855,000. This property was built in 1947. 2124 W Augusta Ave is a home located in Maricopa County with nearby schools including Orangewood School, Washington High School, and SC Jensen Online.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

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Linda Gerchick
Listing Agent
Linda Gerchick
Section Image
Gerchick Real Estate
(623) 286-2645