1002 E FAIRMOUNT Avenue
Phoenix, AZ 85014
Encanto- 3 Beds
- 1002 Baths
- 2,474 sqft (on 0.40 acres)
3 Beds
1002 Baths
2,474 sqft
(on 0.40 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1930
Lot Size
0.4 acres
Living Area
2,474 sqft
Price/Sqft
$276
Parking
4 Open Spaces
About this House
Seller financing is available with a minimum 20% down payment & 4% Interest Rate .
This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance.
In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club
This Midtown Phoenix investment opportunity consists of two parcels situated on nearly half an acre (17,464 square feet), making it an excellent prospect for redevelopment or a mixed-use project. Zoned R-3 for multifamily housing. The first parcel, located at 4019 North 10th Street, is currently operating as a 1,350-square-foot auto shop, &, second parcel at 1002 East Fairmount Avenue, includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Both parcels share a waterline, though they can be separated with contractor assistance.
In the heart of Midtown Phoenix, the property is just minutes from Downtown Phoenix, the Central Arts District, major hospitals, and the Phoenix Country Club
1002 E FAIRMOUNT Avenue, Phoenix, AZ 85014 is a 3 bedroom, 1002 bathroom, 2,474 sqft multi-family in Encanto, built in 1930. It last sold for $700,000 on Jul 1, 2025 (4% below the $730,000 asking price). More recently, it was listed as a rental in July 2024 with an asking price of $2,100 per month. That rental listing was removed on October 3, 2024. It is currently off market. The Trulia Estimate is $683,100, with a rent estimate of $1,596/month.
Home Details for 1002 E FAIRMOUNT Avenue
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1002 |
Dimensions and Layout Living Area: 2474 Square Feet |
Appliances & Utilities Appliances: Built-In Range |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: APSHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Concrete |
Levels, Entrance, & Accessibility Floors: Ceramic Tile, Concrete |
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Exterior Home Features Roof: Composition |
Parking & Garage Open Parking Spaces: 4No CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Add'l Parking Avail,1 Space/Unit,On Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 135 |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Painted, Block |
Property Information Parcel Number: 11803035 |
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Price List Price: $730,000 |
Status Change & Dates Off Market Date: Wed Jul 02 2025 |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: KAY TRACT |
School Information Elementary School District: Osborn Elementary DistrictHigh School District: Phoenix Union High School District |
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Building Area Building Area: 2474 Square Feet |
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Community Features: No Pool |
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Lot Area: 0.40 acres |
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Listing Terms: Owner May Carry, Conventional |
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Business Information Ownership: Fee Simple |
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Owner Pays: Trash Collection, Water, Sewer |
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Mls Number: 6822102 |
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No Pool |
Last check for updates: about 3 hours ago
Listed by Thomas Palestina, (602) 714-1297
ABI Multifamily
Carson P Griesemer, (602) 714-1370
ABI Multifamily
Bought with: Thomas Moore, (602) 397-4886, R.O.I. Properties
Source: ARMLS, MLS#6822102

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 1002 E FAIRMOUNT Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 07/01/2025 | $700,000 | Sold | ARMLS #6822102 |
| 03/14/2025 | $730,000 | PriceChange | ARMLS #6822102 |
| 02/28/2025 | $745,000 | PriceChange | ARMLS #6822102 |
| 02/17/2025 | $795,000 | Listed For Sale | ARMLS #6822102 |
| 10/20/2024 | $899,000 | ListingRemoved | ARMLS #6762028 |
| 10/18/2024 | $899,000 | PriceChange | ARMLS #6762028 |
| 10/03/2024 | $1,950 | ListingRemoved | Zillow Rentals |
| 09/25/2024 | $900,000 | Listed For Sale | ARMLS #6762028 |
| 08/01/2024 | $450,000 | ListingRemoved | HomeSmart #6693808 |
| 08/01/2024 | $1,950 | PriceChange | Zillow Rentals |
| 07/11/2024 | $2,100 | Listed For Rent | Zillow Rentals |
| 07/10/2024 | $450,000 | PriceChange | ARMLS #6693808 |
| 06/14/2024 | $460,000 | Listed For Sale | ARMLS #6693808 |
| 05/20/2024 | $460,000 | ListingRemoved | HomeSmart #6693808 |
| 05/18/2024 | $460,000 | Listed For Sale | HomeSmart #6693808 |
| 12/13/2023 | ListingRemoved | ARMLS #6334509 | |
| 01/24/2023 | ListingRemoved | Zillow Rentals | |
| 12/27/2022 | $1,995 | Listed For Rent | Zillow Rentals |
| 11/22/2022 | $495,000 | ListingRemoved | ARMLS #6469119 |
| 10/31/2022 | $495,000 | PriceChange | ARMLS #6469119 |
| 09/26/2022 | $545,000 | Listed For Sale | ARMLS #6469119 |
| 09/15/2022 | ListingRemoved | Zillow Rental Manager | |
| 08/15/2022 | $2,150 | Listed For Rent | Zillow Rental Manager |
| 06/27/2022 | $534,500 | ListingRemoved | ARMLS #6334509 |
| 06/06/2022 | $534,500 | PriceChange | ARMLS #6334509 |
| 05/31/2022 | $544,500 | Listed For Sale | ARMLS #6334509 |
| 05/05/2011 | $49,000 | Sold | ARMLS #4578004 |
Market trends in Encanto
Last updated June 2026
Avg. sale price
$468K
$10.58KMoM
Sale-to-List Price
98.1%
0.4%MoM
Price per sq ft
$341
$5MoM
Available listings
284
29MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,221 |
| Assessment | $368,700 |
Home facts updated by county records
Comparable Sales for 1002 E FAIRMOUNT Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $460,000 | 07/08/26 | 2 | 2 | 1,388 | |
0.46 | Multi-Family Home | $800,000 | 12/18/25 | 6 | 4 | 3,030 | |
0.43 | Multi-Family Home | $835,000 | 05/30/26 | 6 | 5 | 3,300 | |
0.40 | Multi-Family Home | $524,000 | 03/25/26 | 5 | - | 1,700 | |
0.67 | Multi-Family Home | $915,000 | 05/08/26 | 5 | 4 | 2,650 | |
0.59 | Multi-Family Home | $811,275 | 10/23/25 | 6 | 3 | 2,646 | |
0.84 | Multi-Family Home | $665,000 | 12/03/25 | 4 | 2 | 1,976 | |
0.69 | Multi-Family Home | $995,000 | 02/11/26 | 1 | 1 | 2,825 | |
0.90 | Multi-Family Home | $725,000 | 12/17/25 | 4 | 1 | 1,640 | |
0.75 | Multi-Family Home | $955,000 | 01/09/26 | 7 | 2 | 3,300 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1002 E FAIRMOUNT Avenue.
What Locals Say about Encanto
At least 534 Trulia users voted on each feature.
88 % Say it's dog friendly
84 % Say there are sidewalks
80 % Say car is needed
79 % Say parking is easy
70 % Say yards are well-kept
69 % Say it's walkable to restaurants
68 % Say there's holiday spirit
59 % Say people would walk alone at night
58 % Say streets are well-lit
53 % Say it's quiet
51 % Say they plan to stay for at least 5 years
50 % Say it's walkable to grocery stores
48 % Say kids play outside
46 % Say neighbors are friendly
32 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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