#6749873, Linda S Gerchick, Listing Office: Gerchick Real Estate

1224 E Dunlap Ave Phoenix, AZ 85020
Property details
About 1224 E Dunlap Ave
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!
Highlights
Summary
- MLS Number: 6732554
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: eXp Realty
- Office Email: az.broker@exprealty.net
- Listing Agent: Stephen Michael Patterson II, Stephen Patterson
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Last updated on: 3/14/2025, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,900,000
1224 E Dunlap Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 28, 2023 | Home Sold | $1,650,000 |
Jul 09, 2021 | Home Sold | $1,175,000 |
Sep 13, 1994 | Home Sold | $190,000 |
Sep 13, 1993 | Home Sold | $183,005 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $136,050 | $3,005 |
2023 | $100,220 | $2,907 |
2022 | $69,770 | $2,944 |
2020 | $51,110 | $2,871 |
2019 | $44,620 | $2,744 |
2017 | $28,600 | $2,731 |
History based on county public records data.
Nearby schools
3
Desert View Elementary School
Public District PK-6
0.8 mi
•8621 N 3rd St
7
Madison Simis Elementary School
Public District PK-4
1.8 mi
•7302 N 10th St
8
Mercury Mine Elementary School
Public District PK-6
2.0 mi
•9640 N 28th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,294. The majority of Phoenix, AZ residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1224 E Dunlap Ave
This home is located at 1224 E Dunlap Ave in Phoenix, AZ and zip code 85020 in the North Mountain neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $1,900,000.
Phoenix, AZ housing market in February 2025 saw over 185 listings sold above listed price, more than 322 sold at listed price and over 657 sold below. The inventory of homes for sale in Phoenix, AZ between January and February 2025 increased by 11.5%. In February 2025 median list price was $456,254 and the average listing age was 71 days.