Slump-Block Fourplex | Cul-de-Sac Location +Rental
822 E Carol Ave,
Phoenix, AZ 85220
Fully Occupied Fourplex in High-Demand SR-51 Corridor
$795,000
Price
16.65
GRM
$198,750
Price Per Unit
4
Number of Units
4.48%
Cap Rate
1,776
Building SF
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$795,000
Price
16.65
GRM
$198,750
Price Per Unit
4
Number of Units
4.48%
Cap Rate
1,776
Building SF
Well-Located Slump-Block Fourplex with Strong Rental Upside
• Slump-block construction for long-term durability and lower maintenance • Brand-new roof with transferable warranty • Quiet cul-de-sac location enhances tenant appeal and privacy • Private fenced patios and rear yards for each unit • Maintenance-free landscaping with crushed granite and weed-control membrane • Ceramic tile flooring throughout for durability and easy turnover • Below-market in-place rents offer strong upside potential • Minutes to SR-51 with fast access to Biltmore, Midtown, and Downtown Phoenix • Low-maintenance, high-demand fourplex ideal for long-term investors
High-Demand Central Phoenix Location | Fourplex Opportunity
• Immediate access to SR-51 for fast connectivity throughout Central Phoenix • Minutes to the Biltmore Financial District, a major employment and business hub • Close proximity to Midtown and Downtown Phoenix for diverse job centers • Near major healthcare campuses, including hospitals and medical offices • Strong rental demand driven by central location and commuter convenience • Surrounded by established neighborhoods with limited new multifamily supply • Nearby hiking and recreation, including Phoenix Mountain Preserve and local parks • Close to shopping, dining, and everyday services along Central Phoenix corridors • Well-served transportation network connecting to employment, education, and entertainment • Desirable infill location supporting long-term appreciation and tenant stability
FOR MORE DETAILS CONTACT
Linda Gerchick
CCIM
(602) 688-9279
linda@justsoldit.com
BR114848000
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