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● For sale

$689,990

12247 N FOUNTAIN HILLS Boulevard, Fountain Hills, AZ 85268

FOUNTAIN HILLS ARIZONA FINAL PLAT NO 206 · Maricopa County

Built 1980 No HOA

69 days on market

Description

Hard-to-find duplex in Fountain Hills--ideal for investors seeking stable income with upside potential. Currently generating consistent rental income with an estimated cap rate of approximately 5.6% at a $689,000 sale price. The property offers a total of 2,325 SF on a spacious 0.27-acre lot. Unit A features a 2 bed / 2 bath layout (approx. 1,425 SF) currently rented at $1,850/month. Unit B is a 1 bed / 1 bath (approx. 900 SF) rented at $1,378/month. Value-add opportunity with room for future improvements. Additional highlights include separate metering for all utilities (including water), low maintenance expenses, and tenants responsible for all utilities Attractive curb appeal with newer fenced yards, covered patios, in-unit laundry, dishwashers, and ample storage.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

Refrigerator
Dishwasher
Disposal
Microwave
Washer/Dryer
Free-Standing Electric Oven

Heating and Cooling

Cooling Features: Central Air, Ceiling Fan(s)
Heating Features: Electric

Exterior

Land Info

Lot Size Dimensions: 11874

Garage and Parking

Attached Garage: No
Parking Features: Carport

Community

Neighborhood

Subdivision: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 206

Listing

Other Property Info

Annual Tax Amount: $1,228
Source Listing Status: Active
County: Maricopa
Parcel Number: 176-05-263
Zoning: R-2
Postal City: Fountain Hills
Listing Date: 3/24/2026
MLS#: 7003505

Features

Building and Construction

Year Built: 1980
Property Age: 46
Construction Materials: Wood Frame, Painted, Stucco
Roof: Tile

Utilities

Water Source: Private

Contact Us

Ask a question or schedule a showing

Listed by Ryan Christensen& Jennifer Crane Opulent Real Estate Group

Listing updated: March 25, 2026

MLS#: 7003505

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.