2301 E HARVARD Street #4 new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85006
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Avalon Blocks 5-8
MLS Listing ID 6874180
Year Built 1960
Annual Tax Amount $1,381
Tax Year 2024
Lot Dimensions unknown
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features:
(2) 1-Bed / 1-Bath Units
(1) 3-Bed / 2-Bath Unit
(2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value.
Perfect for buy-and-hold investors looking to improve and stabilize a multifamy asset in a growing area of Phoenix.
Location
State AZ
County Maricopa
Community Avalon Blocks 5-8
Zoning Multi
Direction Thomas & 24th ST Directions: North on 24th St to Harvard west to property
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile,Vinyl
Appliance None
Exterior
Parking Features Carport
Community Features No Pool
Roof Type Built-Up
Total Parking Spaces 7
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 117-08-024
Acceptable Financing Conventional,VA Loan
Listing Terms Conventional,VA Loan