Back to homes in Phoenix

1021 E FAIRMOUNT Avenue, Phoenix AZ 85014

$1,895,000

Ivy RealtyBrokerage: Ivy Realty
(623) 299-4954
1021 E FAIRMOUNT Avenue, Phoenix photo 11 / 16

Home facts

Price
$1,895,000
Status
Active
Beds
13
Baths
8
Year built
1964
Type
F
Pool
No
Water
City Franchise
Sewer
Sewer - Public, Sewer-In & Connected
Subdivision
WEST IDLEWILDE
MLS #
6997176

Listed by Matthews Real Estate Investment Services · 310-388-0788

Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954

About this home

1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

Features

Roof

Composition

Sewer

Sewer - Public, Sewer-In & Connected

Cooling

Electric

Heating

Natural Gas

Electric

APS, Individual Meter

Flooring

Vinyl

WaterSource

City Franchise

ParkingFeatures

On Street, Carport

ExteriorFeatures

Sidewalk(s)

CommunityFeatures

No Pool

ConstructionMaterials

Wood Frame, Painted, Block

Map

Loading map...

Price and status history

DateChangeFrom → To
Aug 10, 2026Price$1,950,000 → $1,895,000
Apr 27, 2026Price$2,100,000 → $1,950,000

Nearby sales

Closed within about ¾ mile in the last 6 months (ARMLS).

AddressSoldPriceBeds/BathsSq ftListing brokerage
4240 N LONGVIEW Avenue 9Sep 28, 2026$150,0001/1636My Home Group Real Estate
4445 N Longview AvenueSep 27, 2026$400,0002/1994Dave Barber Realty, Inc.
4401 N 12TH Street 201Sep 23, 2026$108,0001/1563eXp Realty
1145 E WHITTON Avenue 1007Sep 20, 2026$435,0002/31,394Incyte Realty, LLC
4246 N 10TH PlaceSep 17, 2026$420,0003/21,237Realty ONE Group
1321 E Earll DriveSep 7, 2026$535,0003/21,402My Home Group Real Estate

Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).

Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.

Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.

Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000

Equal Housing Opportunity logoEqual Housing Opportunity

Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).

    Get Started