2122 W AUGUSTA Avenue, Phoenix, AZ 85021

$1,140,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,140,000 Last Modified: 7/31/2025

Description

* Extensive Rehabilitation: Nearly \$500,000 invested in transforming this property into a modern, high-quality asset. * Luxury Finishes Throughout: Featuring quartz countertops and stylish upgrades that attract premium tenants. * Smooth Stucco Exterior: Offers a fresh, modern aesthetic with enhanced curb appeal. * Unmatched Attention to Detail: Craftsmanship and care evident in every corner of the property. * High Tenant Appeal: Fully leased, providing stable income from day one. * Residential Financing Available: Ideal for owner-occupants or first-time investors seeking strong cash flow. * Buy the Neighboring Triplex**: Purchase 2124 W Augusta Ave (triplex) along with this 4-plex for a total of seven fully occupied units. * Combined Purchase Advantage: Two adjacent parcels for

Supplements: * Extensive Rehabilitation: Nearly \$500,000 invested in transforming this property into a modern, high-quality asset. * Luxury Finishes Throughout: Featuring quartz countertops and stylish upgrades that attract premium tenants. * Smooth Stucco Exterior: Offers a fresh, modern aesthetic with enhanced curb appeal. * Unmatched Attention to Detail: Craftsmanship and care evident in every corner of the property. * High Tenant Appeal: Fully leased, providing stable income from day one. * Residential Financing Available: Ideal for owner-occupants or first-time investors seeking strong cash flow. * Buy the Neighboring Triplex**: Purchase 2124 W Augusta Ave (triplex) along with this 4-plex for a total of seven fully occupied units. * Combined Purchase Advantage: Two adjacent parcels for scalable investment growth. * Fully Leased: Consistent rental income with all units currently occupied. * Turnkey Investment: Meticulously renovated, move-in and rent-ready properties. Buyer to verify all facts and figures. This property offers premier income-producing potential in a rapidly growing submarket.

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 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 Flood Zone: TBD 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

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; See Remarks Const - Finish: Painted; Stucco; Other (See Remarks) 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: July - 31 - 2025
2122 W AUGUSTA Avenue, Phoenix, AZ 85021- MLS# 6851101
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