Listed by Stephen Michael Patterson II · Brokered by Axen Realty, LLC

1 / 16

● For sale

$1,500,000

1224 E DUNLAP Avenue, Phoenix, AZ 85020

Maricopa County

Built 1980 No HOA

739 days on market

Description

Find your prime investment opportunity today! This is an 8-unit low-rise complex. Built in 1980, but was extensively upgraded in 2023, making it a turnkey investment with significant potential for income growth. Offering a mix of two standalone 2-bedroom, 2-bathroom units and six 2-bedroom, 1-bathroom units, with modern amenities and high-quality finishes. Each unit features spacious living areas, updated kitchens and bathrooms, and individual storage units. The complex also boasts ample parking with 24 spaces and a well-maintained exterior. The proximity to major employers, shopping centers, hiking trails, and parks puts it in a highly desirable location, this property is perfect for long term tenants!

Listing updated: May 11, 2026

Listed by:

Stephen Michael Patterson II 623-846-7700, Axen Realty, LLC, Stephen Patterson

Source: Arizona Regional Multiple Listing Service, MLS#: 6732554

Property details

Interior

Bathrooms

Total Bathrooms: 0

Interior Features

Flooring: Ceramic Tile

Appliances

Free-Standing Range
Refrigerator
Dishwasher
Disposal
Microwave
Washer/Dryer

Heating and Cooling

Cooling Features: Central Air, Varies by Unit, Ceiling Fan(s)
Heating Features: Varies by Unit, Central

Exterior

Exterior and Lot Features

Sidewalk(s)

Land Info

Lot Size Dimensions: Unknown

Garage and Parking

Attached Garage: No
Parking Features: Paved, >1 Space Per Unit

Listing

Other Property Info

Annual Tax Amount: $3,005
Source Listing Status: Active
County: Maricopa
Directions: From SR-51 Freeway exit on Northern and head west. Turn right on N 12th St then turn right on Dunlap Ave. Property will be on the left.
Parcel Number: 159-34-145
Zoning: R-3
Postal City: Phoenix
Listing Date: 7/17/2024
MLS#: 6732554

Features

Building and Construction

Year Built: 1980
Property Age: 46
Construction Materials: Block, Painted
Roof: Composition

Utilities

Water Source: City Franchise

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Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.