315 E Carol Avenue, Phoenix, AZ 85020
- $517,000
- Sold Price
- $517,000
- List Price
- $539,900
- Closing Date
- May 12, 2026
- Days on Market
- 35
- Status
- CLOSED
- MLS#
- 7004013
- City
- Phoenix
- Subdivision
- Tengen Place Addition
- Year Built
- 1940
Property Description
100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.
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Additional Information
- Elementary School
- Sunnyslope Elementary School
- High School
- Sunnyslope High School
- Middle School
- Sunnyslope Elementary School
- Community Features
- No Pool
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Central Air, Heat Pump, Electric, Varies by Unit, 2 or More Units
- Electric
- APS, Master Meter
- Flooring
- Ceramic Tile
- Heating
- Zoned, Electric, Natural Gas, Heat Pump, Varies by Unit, Central
- New Financing
- Conventional, 1031 Exchange, Cash
- Parking Features
- 1 Space/Unit, Off Street
- Roofing
- Composition
- Subdivision
- Tengen Place Addition
- Taxes
- $428
- Tax Year
- 2024
- Tenant Pays
- Cable TV, None
- Units
- 3
- Water
- Master Meter, City Franchise
- Zoning
- R3
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Listing courtesy of Grayson Real Estate. Selling Office: Non-MLS Office.
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.