1338 E Fillmore Street, Phoenix, AZ 85006

$995,000
7
BD
4
BA

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List Price
$995,000
Status
ACTIVE
Days on Market
72
MLS#
7062031
City
Phoenix
Bedrooms
7
Bathrooms
4
Year Built
1948

Property Description

The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

Additional Information

Taxes
$1,213
Net Operating Income
$48,183
Cap Rate
4.84
Units
4
Parking Features
>1 Space Per Unit
Construction
Block, Painted, Stucco, Stone
Roofing
Built-Up, Composition
Cooling
Electric, Ceiling Fan(s)
Heating
Central
Zoning
R-5
Subdivision
Yaggy Tract
Community Features
No Pool
Electric
APS, Individual Meter
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Electricity
New Financing
VA Loan, FHA, Conventional, 1031 Exchange, Cash
Elementary School
Garfield School
High School
North High School

Courtesy of ABI Multifamily. 602-714-1400

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