UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Jo-Ellen Homes
MLS Listing ID 6830355
Maintenance Fees $2,360
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1961
Annual Tax Amount $1,408
Tax Year 2024
Lot Dimensions .384 acres
Property Description
Town Scottsdale. In an OZ. Hard to find & bigger than the competition all 2 bedroom unit mix (822sf/unit). Stabilized at a 6 CAP. Long-term, local owners have pride of ownership. Many recent renovations to some units including plumbing, kitchens/baths, windows, roof, etc. Classic features to value-add further. Excellent rents in place with mostly flexible month-to-month leases. The complex offers more amenities than the competition, including carport parking, fenced front yards with private back patios, individual laundry/storage rooms, gorgeous desert landscaping, and a pretty central courtyard. More like homes than apartments. The kind of investment you're proud to own.
Location
State AZ
County Maricopa
Community Jo-Ellen Homes
Zoning R-2
Direction 202 to Priest to 5th.
Interior
Heating Heat Pump, Electric
Cooling Electric, Heat Pump
Flooring Other, Ceramic Tile
Appliance Free-Standing Range, Other, Disposal, Dishwasher, Refrigerator, Washer/Dryer
Exterior
Parking Features Free, RV/Access Parking, Add'l Parking Avail, 1 Space/Unit, Carport
Community Features Other, See Remarks, No Pool
Roof Type Composition
Total Parking Spaces 8
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 124-28-034
Acceptable Financing Conventional
Listing Terms Conventional
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.