$1,550,000

$8,321 est/mo Sourced by Back At You

1224 E Dunlap Avenue,Phoenix, AZ 85020

Phoenix, AZ 85020

Description

Find your prime investment opportunity today! This is an 8-unit low-rise complex. Built in 1980, but was extensively upgraded in 2023, making it a turnkey investment with significant potential for income growth. Offering a mix of two standalone 2-bedroom, 2-bathroom units and six 2-bedroom, 1-bathroom units, with modern amenities and high-quality finishes. Each unit features spacious living areas, updated kitchens and bathrooms, and individual storage units. The complex also boasts ample parking with 24 spaces and a well-maintained exterior. The proximity to major employers, shopping centers, hiking trails, and parks puts it in a highly desirable location, this property is perfect for long term tenants!

Details

MLS #	6732554
Listing Type	For Sale
Sub-Type	For-sale
Status	Active
Year	1980
Days On Site	363
Listing Provided By	eXp Realty \| Stephen Michael Patterson II

Features

Pool	Yes
Units	8
Building(s)	3
Zoning	R-3

Interior

Cooling	Central Air, Ceiling Fan(s), Individual
Heating	Individual, Central
Appliances	Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Roof	Composition
Construction Materials	Painted, Block

Parking

Attached Garage Yes / No	No
Parking Features	Paved, >1 Space Per Unit

Location

Community Features	No Pool

Market Activity 85020

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jun 2025	Sales: 3	Avg $ Per SqFt: $301.82	Min Sale Price: $359,000	Max Sale Price: $455,000	Med Sale Price: $400,000
Date: May 2025	Sales: 15	Avg $ Per SqFt: $231.4	Min Sale Price: $1,400	Max Sale Price: $1,800,000	Med Sale Price: $385,000
Date: Apr 2025	Sales: 18	Avg $ Per SqFt: $165.9	Min Sale Price: $1,300	Max Sale Price: $1,690,000	Med Sale Price: $180,500
Date: Mar 2025	Sales: 8	Avg $ Per SqFt: $217.62	Min Sale Price: $1,150	Max Sale Price: $625,000	Med Sale Price: $315,000
Date: Feb 2025	Sales: 8	Avg $ Per SqFt: $324.58	Min Sale Price: $276,000	Max Sale Price: $1,120,000	Med Sale Price: $672,500
Date: Jan 2025	Sales: 1	Avg $ Per SqFt: $2.1	Min Sale Price: $1,450	Max Sale Price: $1,450	Med Sale Price: $1,450
Date: Dec 2024	Sales: 1	Avg $ Per SqFt: $439.92	Min Sale Price: $1,135,000	Max Sale Price: $1,135,000	Med Sale Price: $1,135,000
Date: Oct 2024	Sales: 1	Avg $ Per SqFt: $495.41	Min Sale Price: $1,025,000	Max Sale Price: $1,025,000	Med Sale Price: $1,025,000
Date: Sep 2024	Sales: 2	Avg $ Per SqFt: $179.06	Min Sale Price: $1,200	Max Sale Price: $525,000	Med Sale Price: $263,100
Date: Aug 2024	Sales: 3	Avg $ Per SqFt: $231.79	Min Sale Price: $170,000	Max Sale Price: $300,000	Med Sale Price: $181,500

Sourced by Back At You

Jun 2025
Sales:	3
Avg $ Per SqFt:	$301.82
Min Sale Price:	$359,000
Max Sale Price:	$455,000
Med Sale Price:	$400,000
May 2025
Sales:	15
Avg $ Per SqFt:	$231.4
Min Sale Price:	$1,400
Max Sale Price:	$1,800,000
Med Sale Price:	$385,000
Apr 2025
Sales:	18
Avg $ Per SqFt:	$165.9
Min Sale Price:	$1,300
Max Sale Price:	$1,690,000
Med Sale Price:	$180,500
Mar 2025
Sales:	8
Avg $ Per SqFt:	$217.62
Min Sale Price:	$1,150
Max Sale Price:	$625,000
Med Sale Price:	$315,000
Feb 2025
Sales:	8
Avg $ Per SqFt:	$324.58
Min Sale Price:	$276,000
Max Sale Price:	$1,120,000
Med Sale Price:	$672,500
Jan 2025
Sales:	1
Avg $ Per SqFt:	$2.1
Min Sale Price:	$1,450
Max Sale Price:	$1,450
Med Sale Price:	$1,450
Dec 2024
Sales:	1
Avg $ Per SqFt:	$439.92
Min Sale Price:	$1,135,000
Max Sale Price:	$1,135,000
Med Sale Price:	$1,135,000
Oct 2024
Sales:	1
Avg $ Per SqFt:	$495.41
Min Sale Price:	$1,025,000
Max Sale Price:	$1,025,000
Med Sale Price:	$1,025,000
Sep 2024
Sales:	2
Avg $ Per SqFt:	$179.06
Min Sale Price:	$1,200
Max Sale Price:	$525,000
Med Sale Price:	$263,100
Aug 2024
Sales:	3
Avg $ Per SqFt:	$231.79
Min Sale Price:	$170,000
Max Sale Price:	$300,000
Med Sale Price:	$181,500

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Ironwood Fine Properties

(623) 640-7683

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State	AZ
County	Maricopa
City	Phoenix
Zip Code	85020
Area	Maricopa
School District	Glendale Union High School Distr
Elementary School	Washington Elementary District
Listing VS Median (in 85020)
Price: $1,550,000 low \| high Med: $353,250 100% of Average On site: 363 low \| high Med: 40.500000 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/4 mile)

Price: $1.162M - $1.937M

SqFt: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$1,250,000 1027 E Dunlap Avenue Phoenix, AZ 85020

Listing Updated: May 21, 2025 at 1:24:12 PM PDT

1224 E Dunlap Avenue,Phoenix, AZ 85020

Phoenix, AZ 85020

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Description

Details

Features

Interior

Exterior

Parking

Location

Market Activity 85020

Request a showing

Request a showing

Contact

Learn More About This Property

Ironwood Fine Properties

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$1,250,000