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$700,000

  • Sold
  • Closed
  • Duplex
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Seller financing is available with a minimum 20% down payment & 4% Interest Rate . This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance. In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club

Full Property Details for 1002 E Fairmount

General

  • Sold For: $700,000
  • Taxes: $2,146 (2024)
  • Status: Closed
  • Type: Duplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6822102
  • Added to Site: 410 day(s) ago

Interior

  • Flooring: Ceramic Tile, Concrete

Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit, On Street

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: KAY TRACT

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Electric
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1930

Lot Features

  • Lot Dimensions: 17464
  • Frontage: Dirt, Asphalt
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $2,146
  • Tax Year: 2024
  • Terms: Owner May Carry, Conventional
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: KAY TRACT LOT 28 S 171' & N 20' OF FAIRMOUNT AVE LY ADJ EX W 10' BLK 1
  • Property ID: 118-03-035
  • Range: 3E
  • Section: 28
  • Lot Number: 28

Listed by ABI Multifamily
Sold by R.O.I. Properties

Listing agents

— 1002 E Fairmount —

  • ABI Multifamily

  • ABI Multifamily

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1002 E Fairmount

School Districts:Osborn Elementary District, Phoenix Union High School District
NameGradesDistance
Longview Elementary School
1209 East Indian School Road, Phoenix, AZ 85014
PK-60.4 mi
Osborn Middle School
1102 West Highland Avenue, Phoenix, AZ 85013
7-81.8 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-120.9 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 1002 E Fairmount

Date
Details
Price
Change
Source
7/01/2025
Sold
$700,000
-4.11%
MLS
3/14/2025
Price Reduced
$730,000
-2.01%
MLS
2/28/2025
Price Reduced
$745,000
-6.29%
MLS
2/17/2025
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by ABI Multifamily
Sold by R.O.I. Properties

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1002 E Fairmount, Phoenix, AZ 85014 (MLS# 6822102) is a Duplex property that was sold at $700,000 on July 01, 2025. Want to learn more about 1002 E Fairmount? Do you have questions about finding other Duplex real estate for sale in Encanto? You can browse all Encanto real estate or contact a Coldwell Banker agent to request more information.