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$135,000 Just Listed
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Property Description
Investor-ready condo with an estimated 4.8% cap rate and 4.8% cash-on-cash return. A tenant is already in place with a lease through June 2027, offering immediate income, predictable occupancy, and an attractive buy-and-hold opportunity with long-term appreciation potential. First level upgraded 1 bedroom 1 bath unit at Cliffs Condomiium in a convenient Surprise location. Bright open plan with plank flooring throughout. Kitchen includes built-in microwave, electric range, full-size refrigerator and breakfast bar. Bath with tub/shower combination and glass door enclosure. Full size washer and dryer with shelves for additional storage. Back patio overlooks the club house and pool. Water, sewer, trash and roof replacement are included.
Full Property Details
Full Property Details for 12123 W Bell Rd #103
General
- Price: $135,000
- HOA FEE: $200/month
- Taxes: $325 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7044722
- Updated: 6/20/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: High Speed Internet, Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Assigned
Location
- County: Maricopa
- Township: 3N
- Subdivision: CLIFFS CONDOMINIUM
- Cross Streets: W BELL RD & EL MIRAGE RD
Community
- Association: Yes
- Assoc. Name: Cliffs Condominium
- Assoc. Fees Include: Roof Repair, Insurance, Sewer, Pest Control, Trash, Water, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water, Pvt Water Company
Structural Information
- Exterior Const.: Wood Frame, Painted
- Roof: Tile, Built-Up
- Sq. Ft. Source: Assessor
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 590
- Lot Size Source: Assessor
- Lot Features: Desert Front
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Monthly
- Tax Amount: $325
- Tax Year: 2025
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 103 CLIFFS CONDOMINIUM MCR 035245
- Property ID: 501-24-018
- Range: 1W
- Section: 1
- Lot Number: 103
Listed by HomeSmart
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Price & Sales History for 12123 W Bell Rd #103
Date
Details
Price
Change
Source
6/20/2026
Listed
$135,000
12.5%
MLS
4/23/2021
Sold
$120,000
—
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 12123 W Bell Rd #103
Year
Property Taxes
Change
Tax Assessment
Change
2025
$325
—
$12,330
5%
2024
$324
1%
$11,720
-6%
2023
$320
1%
$12,420
36%
2022
$316
—
$9,160
27%
2022
$316
-4%
$7,200
20%
2021
$329
19%
$6,020
10%
2020
$276
3%
$5,450
25%
2019
$267
-14%
$4,370
26%
2018
$309
8%
$3,480
10%
2017
$287
4%
$3,160
4%
2016
$277
10%
$3,030
14%
2015
$252
1%
$2,650
22%
2014
$249
7%
$2,180
15%
2013
$233
—
$1,900
—
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 12123 W Bell Rd #103
12123 W Bell Road #103, Surprise, AZ 85378 (MLS# 7044722) is a Apartment property with 1 bedroom and 1 full bathroom. 12123 W Bell Road #103 is currently listed for $135,000 and was received on June 20, 2026. Want to learn more about 12123 W Bell Road #103? Do you have questions about finding other Apartment real estate for sale in Surprise? You can browse all Surprise real estate or contact a Coldwell Banker agent to request more information.

