$689,990
12247 N FOUNTAIN HILLS Boulevard, Fountain Hills, AZ 85268
FOUNTAIN HILLS ARIZONA FINAL PLAT NO 206 · Maricopa County
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
Contact Us
Ask a question or schedule a showing
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.
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