USAAZPhoenixIronwood Place715 W Cinnabar Ave

715 W Cinnabar Ave, Home with 0 bedrooms, 0 bathrooms and 12 parking in Phoenix AZ | Image 1

$1,100,000

715 W Cinnabar Ave, Phoenix, AZ

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size -

Garage No

Maintenance Fees $1,500

Taxes $1,330

Days Active 155

Approx. Age 1960

MLS® Number 6847850

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Unlock the potential of this well-maintained 6-unit apartment building ideally located at 715 W Cinnabar Ave, Phoenix, AZ 85021. Priced at $1, 100, 000, this high-performing asset is a rare find in a sought-after North Central neighborhood—offering excellent income, long-term upside, and the unique option to purchase the triplex next door for added scale and flexibility. Several units have been tastefully remodeled, and the property benefits from a newer roof along with other major capital improvements, minimizing deferred maintenance and ensuring peace of mind for the next owner. The unit mix provides strong rental appeal, with stable tenants and room for future rent increases. Located less than one block from a beautiful neighborhood park and surrounded by hiking tra Unlock the potential of this well-maintained 6-unit apartment building ideally located at 715 W Cinnabar Ave, Phoenix, AZ 85021. Priced at $1, 200, 000, this high-performing asset is a rare find in a sought-after North Central neighborhoodoffering excellent income, long-term upside, and the unique option to purchase the triplex next door for added scale and flexibility. Several units have been tastefully remodeled, and the property benefits from a newer roof along with other major capital improvements, minimizing deferred maintenance and ensuring peace of mind for the next owner. The unit mix provides strong rental appeal, with stable tenants and room for future rent increases. Located less than one block from a beautiful neighborhood park and surrounded by hiking trails and outdoor recreation, this location appeals to renters seeking a blend of urban convenience and natural amenities. Proximity to employment centers, I-17, and the Light Rail corridor enhances its investment profile. Property Highlights: 6 units in total - partially remodeled Newer roof and recent capital improvements Excellent income with room for growth Potential to purchase adjacent triplex for portfolio expansion Desirable 85021 location near parks, hiking, and transit Quiet, residential street with strong tenant appeal This is a rare opportunity to acquire a stabilized, upgraded multifamily asset in one of Phoenix's most dynamic rental corridors. Perfect for 1031 exchange buyers, new investors looking for turnkey returns, or seasoned pros wanting to add quality units to their portfolio.Show Description

MLS® Number6847850

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1960

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatIndividual, Heat Pump

A/CCeiling Fan(s), Heat Pump, Individual

Heating Fuel

Extras

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