2122 W AUGUSTA Avenue, Phoenix, AZ 85021

$1,140,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,140,000 Last Modified: 5/07/2025

Description

Discover an incredible investment opportunity with this stunning fourplex located at 2122 W Augusta Ave, Phoenix, AZ 85021. This beautifully renovated property can be purchased using residential financing, making it accessible for both new and experienced investors. It is paired with 2124 W Augusta Ave, a triplex that can also be acquired with residential financing, or alternatively, experienced investors can opt for commercial financing.

Supplements: Discover the Dynamic 85021: Where Connectivity Meets Community Located in North Phoenix, ZIP code 85021 offers a vibrant blend of urban accessibility, educational resources, and emerging employment opportunities. The area is undergoing significant redevelopment, enhancing its appeal for residents and businesses alike. Transportation & Accessibility Interstate 17 Access-Situated just west of I-17, residents enjoy seamless travel to downtown Phoenix and beyond. Valley Metro Light Rail-The newly opened **Thelda Williams Transit Center** serves as the northwestern terminus of the Valley Metro Rail's Northwest Extension Phase II. This elevated station provides direct access to downtown Phoenix, the East Valley, and, upon completion, south Phoenix. Bus Routes-The transit center is served by Valley Metro Bus Routes 27, 35, 90, 106, and the I-17 Rapid, offering comprehensive public transportation options. Education & Community Services Arizona School for the Deaf and Blind** A cornerstone of the community, this specialized educational institution provides essential services and education for students with sensory disabilities. Employment & Development The Metropolitan-The former Metro-center Mall is being redeveloped into **The Metropolitan**, an $850 million, 68-acre mixed-use urban village featuring over 1,200 townhomes, retail spaces, restaurants, parks, and bike paths. Formation Park 17-Adjacent to The Metropolitan, this new 22-acre business park is set to include four industrial buildings totaling 425,280 square feet, targeting industries such as manufacturing, semiconductors, and warehouse and distribution. Retail & Recreation The Loop-A central feature of The Metropolitan, this pedestrian-friendly retail plaza will offer shops, restaurants, bars, parks, a splash pad, and an outdoor entertainment venue. Parks & Amenities-The development includes green spaces, an amphitheater for concerts and movie nights, and rooftop amenities such as a restaurant, pool, and pickleball courts. The redevelopment of The Metropolitan aims to create a walkable, transit-oriented community that serves as a vibrant hub for residents and visitors. With its strategic location, diverse amenities, and commitment to sustainability, 85021 is poised to become a premier destination in Phoenix.

More Information MLS# 6851101

Contract Info

Current Price: $1,140,000 List Price: $1,140,000 Status: Active List Date: 2025-04-13 Ownership: Fee Simple

Location Tax Legal

House Number: 2122 Compass: W Street Name: AUGUSTA St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85021 Zip4: 6838 Country: US County Code: Maricopa Subdivision: VISTA INCOME ESTATES 2 Assessor Number: 157-21-016-C Tax Year: 2024

General Property Description

Lot Size Dimensions: irr Year Built: 1987 Uncvrd Parking Spcs: 6 Total # of Units: 4 # of Buildings: 1 Zoning: [R-3] Multiple High School District: Glendale Union High School District

Remarks Misc

Cross Street: 23rd Ave and Northern Directions: Turn south from Northern. At Augusta turn east and property is on the north side of the street Geo Lat: 33.551665 Geo Lon: -112.105216

Status Change Info

Status Change Date: 2025-04-13

Legal Info

Township: 2N Range: 2E Section: 1 Lot Number: 16

Income Expenses

Gross Annual Sch Inc: 81600 Net Operating Income: 71640

Showing Notification Methods

Showing Service: Aligned Showings

1 Bedroom Units

# 1 Bedroom Units: 4 Avg Rent: 1600 Avg SqFt: 580 # Baths: 1

Property Features

Project Type: Four Plex; Other (See Remarks) Other Type: Other (See Remarks) Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building; Personal Property; Laundry Equipment Community Features: No Pool; Other; See Remarks Exterior Amenities: Landscape Wtr System; Desert Landscaping; Patio/Balcony; Separate Storage Interior Amenities: Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Heat Pump Cooling: Ceiling Fan(s); Heat Pump; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: On Street; >1 Space Per Unit; Add'l Parking Avail; Free; Paved Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; No Carry Environmental: None
Listing Office: Gerchick Real Estate
Last Updated: May - 07 - 2025
2122 W AUGUSTA Avenue, Phoenix, AZ 85021- MLS# 6851101
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.