822 E CAROL Avenue, Phoenix AZ 85020
$749,000
Brokerage: Ivy Realty(623) 299-4954
1 / 25Home facts
- Price
- $749,000
- Status
- Active
- Beds
- 5
- Baths
- 4
- Year built
- 1977
- Type
- F
- Pool
- No
- Water
- Master Meter, City Franchise
- Sewer
- Sewer - Public
- MLS #
- 6952059
Listed by Gerchick Real Estate · 602-688-9279
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information.
Features
Roof
Composition, See Remarks
Sewer
Sewer - Public
Cooling
Ceiling Fan(s), Heat Pump, Individual
Heating
Individual, Heat Pump
Electric
APS, Individual Meter
Flooring
Carpet, Ceramic Tile, Vinyl
WaterSource
Master Meter, City Franchise
ParkingFeatures
Paved, Free, 1 Space/Unit, On Street
ExteriorFeatures
Sidewalk(s)
CommunityFeatures
No Pool
ConstructionMaterials
Painted, Block, Slump Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 1202 E BECKER Lane | Sep 29, 2026 | $331,000 | 2/1 | 1,465 | My Home Group Real Estate |
| 10005 N 1ST Drive | Sep 29, 2026 | $570,000 | 2/3 | 1,837 | DeLex Realty |
| 9424 N 2ND Place | Sep 27, 2026 | $305,500 | 2/1 | 840 | HomeSmart |
| 9115 N 13TH Street | Sep 24, 2026 | $303,500 | 2/1 | 780 | HomeSmart |
| 10415 N 9TH Street 2 | Sep 24, 2026 | $285,000 | 2/2 | 1,015 | Real Broker |
| 1121 E COCHISE Drive | Sep 14, 2026 | $310,000 | 2/2 | 1,038 | Realty ONE Group |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 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
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).