$1,050,000

Estimated payment $6,078/month

Total Views 181
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Heating Available
  • 5-minute walk to Cortez Park
  • Ceramic Tile Flooring

About This Home

Total 8 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1200 to 1500 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

Listing Agent

Zongfu Li

Lichi Investment, LLC License #BR578246000 Listed on: 07/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1974

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 16 Parking Spaces
  • Carport

Schools

  • Cortez High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 149-39-471

Community Details

Overview

  • 10 Buildings
  • 8 Units
  • Building Dimensions are 700sqft
  • Dunlap Condominums Subdivision

Building Details

  • Operating Expense $49,344
  • Gross Income $116,400
  • Net Operating Income $67,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,344

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 35th Ave and Dunlap
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 10
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2024
  • Directions: Behind the car wash
  • Road Surface Type: Asphalt
  • Professional Management Expense: 7200.0
  • Subdivision Name: DUNLAP CONDOMINUMS
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • High School: Cortez High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 700sqft
  • Additional Parcels: Yes
  • Parcel #: 149-39-471

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 8
  • Electric Expense: 1000.0
  • Annual Gross Income: 116400.0
  • Insurance Expense: 4000.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 67056.0
  • Annual Operating Expense: 49344.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 3344.0
  • Tax Book Number: 149.00
  • Tax Lot: 105

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

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $1,050,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6889693

Arizona Regional Multiple Listing Service (ARMLS)