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$3,895,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
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The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

Full Property Details for 2020 W Orangewood Ave

General

  • Price: $3,895,000
  • HOA FEE: $12,150
  • Taxes: $5,371 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7004263
  • Updated: 3/26/2026
  • Added to Site: 7 day(s) ago

Interior

  • Appliances: Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer
  • Flooring: Vinyl

Additional Information

  • Security/Safety: Security Light(s)

Parking

  • Parking Features: Paved, 1 Space/Unit

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: TERRA BELLA

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Individual
  • Heating Type: Individual, Electric

Utilities

  • Water: Master Meter, City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Painted, Stucco
  • Roof: Composition
  • Year Built: 1986

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 12458
  • Frontage: Asphalt
  • Zoning: R-4

Financial Considerations

  • Maint. Fee/Month: $12,150
  • Tax Amount: $5,371
  • Tax Year: 2025
  • Terms: Conventional, 1031 Exchange
  • Owner Pays: Trash Collection, Water

Disclosures and Reports

  • Legal Description: LOT 2 TERRA BELLA MCR 102212
  • Property ID: 157-19-141
  • Range: 2E
  • Section: 1
  • Lot Number: 2

Listed by Matthews Real Estate Investment Services

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Listing agent

— 2020 W Orangewood Ave —

  • Matthews Real Estate Investment Services

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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 2020 W Orangewood Ave

School Districts:Washington Elementary District, Glendale Union High School District
NameGradesDistance
Orangewood Elementary School
7337 North 19th Avenue, Phoenix, AZ 85021
K-80.4 mi
Washington High School
2217 West Glendale Avenue, Phoenix, AZ 85021
9-120.7 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 2020 W Orangewood Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$3,895,000
7.15%
MLS
10/13/2021
Sold
$3,635,000
—
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 2020 W Orangewood Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,371
4%
$242,610
-16%
2024
$5,170
2%
$288,470
-25%
2023
$5,076
3%
$384,760
39%
2022
$4,910
—
$277,100
24%
2022
$4,910
-1%
$224,060
6%
2021
$4,973
3%
$211,820
61%
2020
$4,849
2%
$131,350
—
2019
$4,761
3%
$131,730
45%
2018
$4,636
1%
$90,620
10%
2017
$4,612
2%
$82,410
40%
2016
$4,529
8%
$58,990
29%
2015
$4,194
-14%
$45,850
14%
2014
$4,854
49%
$40,310
95%
2013
$3,254
—
$20,630
—
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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NMLS#: 1598647

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Listed by Matthews Real Estate Investment Services

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2020 W Orangewood Avenue, Phoenix, AZ 85021 (MLS# 7004263) is a Multi-Family property with 27 units containing 0 bedrooms and 0 full bathrooms. 2020 W Orangewood Avenue is currently listed for $3,895,000 and was received on March 26, 2026. Want to learn more about 2020 W Orangewood Avenue? Do you have questions about finding other Multi-Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

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