2334 W Morten Avenue, Phoenix, AZ 85021
- $524,600
- List Price
- $524,600
- Status
- ACTIVE
- Price Change
- ▼ $3,000 1786758628
- Days on Market
- 213
- MLS#
- 6970111
- City
- Phoenix
- Year Built
- 1934
Property Description
***GROSS CAP RATE 9.19%***3 Units, Garden-Style Property, Built in 1934 & Renovated in 2023. Unit Mix Consists of (1) 1-Bed/1-Bath Unit, (1) 2-Bed/1-Bath Unit, & (1) Large 1-Bed / 1-Bath Casita. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exteriors Include New Paint & Stucco, Large Private Patio Area, and Storage Space. Located Within Close Proximity to Grand Canyon University & Christown Spectrum Shopping Center. Easy Access to I-17 Freeway & Valley Metro Light Rail
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Additional Information
- Taxes
- $622
- Net Operating Income
- $55,032
- Cap Rate
- 9.19
- Units
- 3
- Parking Features
- Off Street
- Construction
- Wood Frame, Stucco
- Roofing
- Composition
- Cooling
- Central Air, Electric, Ceiling Fan(s)
- Heating
- Forced Air
- Zoning
- R3
- Community Features
- See Remarks
- Electric
- APS
- Water
- City Franchise
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection
- New Financing
- VA Loan, FHA, Conventional, Cash
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Listing courtesy of Gentry Real Estate.
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.