1525 W Indian School Road, Phoenix, AZ 85015

$2,450,000

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Sold Price
$2,450,000
List Price
$2,600,000
Closing Date
Feb 20, 2024
Days on Market
73
Status
CLOSED
MLS#
6644884
City
Phoenix
Subdivision
Park Fairmont Amd
Year Built
1959

Property Description

Great opportunity for ongoing multiple-unit income stream. Beautiful park-like setting in sought after mid-town location has 18 well-maintained rental units of varying sizes to fit different needs of renters. Many long-term renters reside on the property. Apartments were completely remodeled in 2010 ceramic floors, electricity, air conditioning and plumbing, interior walls, roofing, insulation and new drywall.

Additional Information

School District
Phoenix Union High School District
Community Features
No Pool
Construction
Stucco, Block
Cooling
Electric
Electric
APS
Flooring
Carpet, Ceramic Tile
Heating
Individual, Heat Pump, Natural Gas
New Financing
Conventional, 1031 Exchange
Parking Features
1 Space/Unit
Roofing
Rolled/Hot Mop
Sewer
Public Sewer
Subdivision
Park Fairmont Amd
Taxes
$4,170
Tax Year
2023
Units
18
Water
City Franchise
Zoning
MULTI

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty ONE Group. Selling Office: ABI Multifamily.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.