1841 W FAIRMOUNT Avenue
Phoenix, AZ 85015
Encanto- 11 Beds
- 2 Baths
- 9,300 sqft (on 0.43 acres)
$1,100,000
Last Sold: Mar 31, 2026
21% below list $1.4M
$118/sqft
Est. Refi. Payment $5,915/mo*
$1,100,000
Last Sold: Mar 31, 2026
21% below list $1.4M
$118/sqft
Est. Refi. Payment $5,915/mo*
11 Beds
2 Baths
9,300 sqft
(on 0.43 acres)
Local Information
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Description
Exceptional Investment Opportunity - 10-Unit Apartment Complex with Strong Value-Add Potential
Discover an incredible opportunity to acquire a well-maintained 10-unit multifamily property offering consistent income and long-term upside. This garden-style community, originally constructed in 1971 and 1992, features nine one-bedroom/one-bath units and one two-bedroom/one-bath unit—each equipped with individual electric meters, dedicated HVAC systems, and separate storage lockers.
The property provides 12 off-street parking spaces and a shared community laundry room for resident convenience. The complex has been fully leased and professionally managed for many years, with the current master lease expiring in March. Appraisal completed Sept 2025 and available upon request. Ownership currently receives a single monthly payment and is responsible only for property taxes.
Showings are available by appointment only with a minimum of 24 hours' notice. Please do not disturb tenants.
Additionally, the adjacent property at 1829 W Fairmount Avea 3-bedroom, 3-bath homeis also available for purchase from the same owner. A bundle opportunity may be considered for qualified buyers.
Discover an incredible opportunity to acquire a well-maintained 10-unit multifamily property offering consistent income and long-term upside. This garden-style community, originally constructed in 1971 and 1992, features nine one-bedroom/one-bath units and one two-bedroom/one-bath unit—each equipped with individual electric meters, dedicated HVAC systems, and separate storage lockers.
The property provides 12 off-street parking spaces and a shared community laundry room for resident convenience. The complex has been fully leased and professionally managed for many years, with the current master lease expiring in March. Appraisal completed Sept 2025 and available upon request. Ownership currently receives a single monthly payment and is responsible only for property taxes.
Showings are available by appointment only with a minimum of 24 hours' notice. Please do not disturb tenants.
Additionally, the adjacent property at 1829 W Fairmount Avea 3-bedroom, 3-bath homeis also available for purchase from the same owner. A bundle opportunity may be considered for qualified buyers.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 01, 2026
Home Highlights
Parking
12 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$118/sqft
Listed
180+ days ago
Home Details for 1841 W FAIRMOUNT Avenue
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Beds & Baths Number of Bedrooms: 11Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 9300 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Free-Standing Gas OvenRefrigerator |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Gas & Electric Electric: APSHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
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Exterior Home Features Roof: Tile Concrete |
Parking & Garage Open Parking Spaces: 12No CarportNo GarageHas Open ParkingParking Spaces: 12Parking: Off Street,1 Space/Unit |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 148 |
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Year Built Year Built: 1982 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Painted |
Property Information Parcel Number: 11007001 |
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Price List Price: $1,400,000Price Per Sqft: $118/sqft |
Status Change & Dates Off Market Date: Wed Apr 01 2026 |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: LONG ESTATES |
School Information Elementary School District: Osborn Elementary DistrictHigh School District: Phoenix Union High School District |
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Building Area Building Area: 9300 Square Feet |
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Community Features: No Pool |
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Lot Area: 0.43 acres |
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Listing Terms: No Carry, Conventional |
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Business Information Ownership: Fee Simple |
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Owner Pays: See Remarks |
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Mls Number: 6942492 |
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No Pool |
Last check for updates: about 2 hours ago
Listed by Paul D Eide, (520) 265-6841
DeLex Realty
Debby Covert, (602) 708-9517
DeLex Realty
Bought with: Brett Borinstein, (480) 455-7611, Gentry Real Estate
Source: ARMLS, MLS#6942492

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 1841 W FAIRMOUNT Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 03/31/2026 | $1,100,000 | Sold | ARMLS #6942492 |
| 01/10/2026 | $1,400,000 | PriceChange | ARMLS #6942492 |
| 11/18/2025 | $1,595,000 | PriceChange | ARMLS #6942492 |
| 11/04/2025 | $1,695,000 | Listed For Sale | ARMLS #6942492 |
Market trends in Encanto
Last updated May 2026
Avg. sale price
$478K
$22.71KMoM
Sale-to-List Price
97.7%
0.1%MoM
Price per sq ft
$346
$16MoM
Available listings
313
31MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,771 |
| Assessment | $1,467,400 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$1,211/mo
Comparable Sales for 1841 W FAIRMOUNT Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.39 | Multi-Family Home | $685,000 | 09/26/25 | 6 | 4 | 4,024 | |
0.15 | Multi-Family Home | $599,000 | 12/05/25 | 4 | 4 | 2,520 | |
0.16 | Multi-Family Home | $490,000 | 12/05/25 | 5 | 4 | 2,194 | |
0.49 | Multi-Family Home | $1,050,000 | 02/17/26 | 3 | 2 | 7,626 | |
0.41 | Multi-Family Home | $747,999 | 12/22/25 | 8 | 4 | 2,800 | |
0.57 | Multi-Family Home | $540,000 | 01/15/26 | 5 | 2 | 1,976 | |
0.52 | Multi-Family Home | $615,000 | 10/03/25 | 6 | 1 | 2,520 | |
0.47 | Multi-Family Home | $590,000 | 04/24/26 | 5 | 4 | 2,595 | |
0.54 | Multi-Family Home | $420,000 | 08/15/25 | 6 | 3 | 2,400 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1841 W 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
68 % 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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Homes for sale near 1841 W FAIRMOUNT Avenue
Off Market Homes Near 1841 W FAIRMOUNT Avenue

1841 W FAIRMOUNT Avenue, Phoenix, AZ 85015 is a 11 bedroom, 2 bathroom, 9,300 sqft multi-family built in 1982. 1841 W FAIRMOUNT Avenue is located in Encanto, Phoenix. This property is not currently available for sale. 1841 W FAIRMOUNT Avenue was last sold on Mar 31, 2026 for $1,100,000 (21% lower than the asking price of $1,400,000). The current Trulia Estimate for 1841 W FAIRMOUNT Avenue is $1,314,600.

