2421 W GLENROSA Avenue, Phoenix, AZ 85015
$950,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$950,000
Last Modified:
8/22/2025
Description
Remodeled 5-unit multifamily property on a rare 0.57-acre R-3 lot with room for growth. Unit mix includes (3) 2-bed/1-bath and (2) 1-bed/1-bath units, each with a private, fenced-in yard, in-unit washer/dryer, and dishwasher. Renovated in 2021 with new HVACs, main sewer line, windows, doors, and covered parking. Interiors feature wood-look tile flooring, quartz countertops, stainless steel appliances, and remodeled bathrooms. Located in an Arizona Opportunity Zone near Grand Canyon University with easy access to I-17. Strong value-add potential in a transitioning area.
More Information MLS# 6801309
Contract Info
Current Price: $950,000
List Price: $950,000
Status: Active
List Date: 2025-01-07
Ownership: Fee Simple
Location Tax Legal
House Number: 2421
Compass: W
Street Name: GLENROSA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 0007
County Code: Maricopa
Subdivision: FRUITLAND ACRES
Assessor Number: 154-28-024
Tax Year: 2024
General Property Description
Lot Size Dimensions: 300' x 82.74'
Year Built: 1965
Uncvrd Parking Spcs: 5
Total # of Units: 5
# of Buildings: 2
Zoning: R-3
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Elementary School: Westwood Elementary School
Jr. High School: Alhambra Traditional School
High School: Central High School
Remarks Misc
Cross Street: N 19th Ave and W Indian School Rd
Directions: Head South on N 19th Ave. Turn right onto W Indian School Rd. Turn right toward N 23rd Ave. Turn right onto N 23rd Ave. Turn left onto W Glenrosa Ave. Home will be on the left.
Geo Lat: 33.498123
Geo Lon: -112.111473
Legal Info
Township: 2N
Range: 2E
Section: 24
Lot Number: 13
Income Expenses
Gross Annual Sch Inc: 82728
Net Operating Income: 61032
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1329
Avg SqFt: 655
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1411
Avg SqFt: 655
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Cable TV Available
Interior Amenities: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Built-In Range; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Master Meter
Gas: SW Gas
Parking Features: Carport; <1 Space Per Unit; Free; Paved; Other
Owner Pays: Water; Electric; Trash Collection; Landscaping
Tenant Pays: Cable TV
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Cash; Conventional
Environmental: None
Listing Office: Axen Realty, LLC
Last Updated: August - 22 - 2025
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