AZ > Phoenix
Phoenix, AZ 85021,7537 N 21st Avenue
Phoenix, AZ 85021,7537 N 21st Avenue
Phoenix, AZ 85021,7537 N 21st Avenue
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$2,080,000
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7537 N 21st Avenue Phoenix, AZ 85021

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Ephrem Jando

Ephrem Jando

+1(480) 442-2390

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6836611

Maintenance Fees $6,600

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1961

Annual Tax Amount $9,114

Tax Year 2025

Lot Dimensions 0.87

Property Description

Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Rose Vista, a, 11-unit apartment community, just south of the 19th Avenue and Northern Avenue intersection in a desirable residential neighborhood, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.
Completed in 1961 and 2011 , Rose Vista is comprised of 4 one-bedroom (36%) and 7 two-bedroom (64%) floorplans, offering an average of ±859 square feet. All units include direct access car-ports, private back patios and in-suite (2011 Built) or back-patio washer/ dryers. Future ownership will have the opportunity to renovate the 9 classic units and capitalize on the rent premium based on the current market and achieved rents by similar properties in the immediate surrounding area.

Location

State AZ

County Maricopa

Zoning R-3

Interior

Heating Individual

Cooling Ceiling Fan(s), Individual

Flooring Carpet, Ceramic Tile, Vinyl

Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Washer/Dryer

Exterior

Parking Features >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Foam

Total Parking Spaces 15

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 157-19-009-J

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Marcus & Millichap

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Ephrem Jando

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7537 N 21st Avenue

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