$1,900,000

1224 E Dunlap Ave Phoenix, AZ 85020

$10,000
Closing credit¹
House

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

Home typeOther
HeatingOther, Central
StatusActive
CoolingCeiling Fan(s), Other, Central Air
Year built1980
ParkingPaved Parking, >1 Space Per Unit
MLS #6732554

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

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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exterior space

$1,900,000

1224 E Dunlap Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

56%
<35k
38%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

55%
Single, No Kids
13%
Single, with Kids
15%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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