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$830,000
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Property Description
Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property.
Full Property Details
Full Property Details for 7549 N 21st Ave
General
- Price: $830,000
- Taxes: $2,490 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6951436
- Updated: 12/31/2025
- Added to Site: 52 day(s) ago
Interior
- Appliances: Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer
Parking
- Parking Features: Paved, Assigned, <1 Space Per Unit
Location
- County: Maricopa
- Township: 2N
- Subdivision: MORTEN AVENUE ESTATES
- Cross Streets: 21st Avenue and Northern
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Heat Pump, Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition
- Year Built: 2003
Lot Features
- Lot Dimensions: 10639
- Zoning: R-3
Financial Considerations
- Tax Amount: $2,490
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: LOT 3 MORTEN AVENUE ESTATES MCR 062029
- Property ID: 157-19-118
- Range: 2E
- Section: 1
- Lot Number: 3
Listed by AZ Flat Fee
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Schools
Schools serving 7549 N 21st Ave
School Districts:Washington Elementary District, Glendale Union High School District
| Name | Grades | Distance |
|---|---|---|
Orangewood Elementary School 7337 North 19th Avenue, Phoenix, AZ 85021 | K-8 | 0.4 mi |
Washington High School 2217 West Glendale Avenue, Phoenix, AZ 85021 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7549 N 21st Ave
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$830,000
-1.19%
MLS
11/30/2025
Price Increased
$840,000
7.69%
MLS
11/25/2025
Listed
$780,000
85.71%
MLS
9/25/2019
Sold
$420,000
—
Public Record
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
Tax History for 7549 N 21st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,490
4%
$65,920
3%
2024
$2,397
2%
$63,920
4%
2023
$2,353
3%
$61,330
30%
2022
$2,277
—
$47,300
17%
2022
$2,277
-1%
$40,420
3%
2021
$2,306
3%
$39,370
4%
2020
$2,248
2%
$37,700
—
2019
$2,207
3%
$37,820
17%
2018
$2,150
1%
$32,320
19%
2017
$2,138
2%
$27,120
3%
2016
$2,100
8%
$26,400
28%
2015
$1,944
-16%
$20,700
5%
2014
$2,312
57%
$19,730
105%
2013
$1,476
—
$9,610
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7549 N 21st Ave
7549 N 21st Avenue, Phoenix, AZ 85021 (MLS# 6951436) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 7549 N 21st Avenue is currently listed for $830,000 and was received on November 25, 2025. Want to learn more about 7549 N 21st Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

