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$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 2 hours ago
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Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

Full Property Details for 338 N 1st St

General

  • Price: $725,000
  • Taxes: $516 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7061053
  • Updated: Today (8/1/2026)
  • Added to Site: Today

Interior

  • Appliances: None
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking Features: 1 Space/Unit, On Street

Location

  • County: Maricopa
  • Township: 1N
  • Cross Streets: Central Ave and Madden Dr

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Stucco, Adobe
  • Roof: Composition
  • Year Built: 1940

Lot Features

  • Lot Dimensions: 101 x 60
  • Frontage: Gravel
  • Zoning: R1-6

Financial Considerations

  • Tax Amount: $516.12
  • Tax Year: 2025
  • Terms: Other (See Remarks)
  • Owner Pays: See Remarks

Disclosures and Reports

  • Legal Description: PT W2 SE4 BEG NW COR LOT 9 WHYMAN SUB TH N 53.55' TH E 120'TO POB TH N 53.55'TH E 120'TH S 53'TH W 1
  • Property ID: 500-18-033
  • Range: 1W
  • Section: 10
  • Lot Number: -

Listed by eXp Realty

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Listing agents

— 338 N 1st St —

  • eXp Realty

  • eXp Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 338 N 1st St

School Districts:Avondale Elementary District, Agua Fria Union High School District
NameGradesDistance
Eliseo C. Felix School
540 East La Pasada Boulevard, Goodyear, AZ 85338
2-50.4 mi
Lattie Coor
220 East La Canada Boulevard, Avondale, AZ 85323
PK-10.6 mi
Avondale Middle School
1406 North Central Avenue, Avondale, AZ 85323
6-80.6 mi
Agua Fria High School
530 East Riley Drive, Avondale, AZ 85323
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 338 N 1st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/01/2026
Listed
$725,000
262.5%
MLS
2/23/2024
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 338 N 1st St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$516
8%
$33,980
12%
2024
$480
1%
$30,330
—
2023
$475
4%
$30,410
17%
2022
$458
—
$25,910
70%
2022
$458
-5%
$15,250
25%
2021
$483
3%
$12,210
34%
2020
$468
1%
$9,120
4%
2019
$465
—
$8,800
26%
2018
$467
2%
$6,970
22%
2017
$456
-2%
$5,700
7%
2016
$465
8%
$5,350
6%
2015
$432
-12%
$5,060
33%
2014
$490
52%
$3,800
65%
2013
$322
—
$2,310
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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338 N 1st Street, Avondale, AZ 85323 (MLS# 7061053) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 338 N 1st Street is currently listed for $725,000 and was received on August 01, 2026. Want to learn more about 338 N 1st Street? Do you have questions about finding other Multi-Family real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

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