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$3,295,000
101 Days On Site

1538 W OSBORN Road
Phoenix, AZ 85015

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1953
Built
Subdivision:
Encanto Westwood
County:
Maricopa

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1538 W OSBORN Road1538 W OSBORN Road1538 W OSBORN Road1538 W OSBORN Road
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Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area. Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix's most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown's vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.

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Listing Snapshot
Price 
$3,295,000
Days On Site 
101 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1953
MLS® Number 
6756497
Status 
Active
Property Tax 
$1,391
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Cross Street 
16th Ave and Osborn Rd
Disclosures 
None
Parking 
On StreetCommon
Parking Spaces 
10
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
[M-H] MULTI-FAM
Interior Features
Appliances 
MicrowaveWasher/Dryer
Cooling 
Central AirCeiling Fan(s)
Flooring 
OtherCeramic TileConcrete
Heating 
CentralNatural Gas
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Exterior Features
Construction Details 
Block
Roof 
Composition
Community Features
Community Features 
Other
Financing Terms Available 
Conventional1031 ExchangeFHAVA Loan
Roads 
Asphalt
Township 
2N
Listing courtesy of My Home Group Real Estate.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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