506 E Townley Ave, Phoenix, AZ 85020
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Property image
OFF MARKET

506 E Townley Ave
Phoenix, AZ 85020

North Mountain
  • 8 Beds
  • 5 Baths
  • 3,810 sqft

$763,900

Trulia Estimate
as of Jul 19, 2026
Est. Refi. Payment $4,223/mo*
Refinance Your Home

$763,900

Trulia Estimate
as of Jul 19, 2026
Est. Refi. Payment $4,223/mo*
Refinance Your Home
8 Beds
5 Baths
3,810 sqft

Local Information

  • Map ViewExplore the area around 506 E Townley Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Amazing cash flow and great multi family units 8 bedrooms/ 4 bathrooms plus 2 half baths investment opportunity! Very rare and desirable units! Each units is 4 bedroom 2.5 bath and each unit has a fenced yard. The interiors have been completely remodeled less than a year ago. Everything is new! Flooring, paint, stainless steel appliances, fixtures, cabinets , countertops and AC units! Washer and dryers in each unit! Each unit has a private 2 car garage attached! Minutes from the 51! All Units are rented. Very low vacancy, easy to rent and easy to manage. NO HOA! Great cap rate!
506 E Townley Ave, Phoenix, AZ 85020 is a 8 bedroom, 6 bathroom, 3,810 sqft multi-family in North Mountain, built in 2007. It last sold for $525,000 on Jul 29, 2020. More recently, it was listed as a rental in February 2020 with an asking price of $1,695 per month. That rental listing was removed on February 13, 2020. It is currently off market. The Trulia Estimate is $763,900, with a rent estimate of $1,562/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 506 E Townley Ave

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Interior Details
Number of Rooms: 14Types of Rooms: Dining Room, Master Bath
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: OtherExterior: Stucco
Parking & Garage
GarageParking Spaces: 4Parking: Garage Attached

Property Information

Year Built
Year Built: 2007Year Updated: 2014
Property Type / Style
Property Type: Multi FamilyArchitecture: Contemporary

Community

Units in Building: 2

Lot Information

Lot Area: 9801 sqft

Price History for 506 E Townley Ave

DatePriceEventSource
07/29/2020$525,000Sold
ARMLS #6059048
06/18/2020$524,888PendingAgent Provided
04/28/2020$524,888PriceChange
Agent Provided
04/07/2020$534,888PriceChange
Agent Provided
03/31/2020$549,888Listed For SaleAgent Provided
02/13/2020$1,695ListingRemovedAgent Provided
02/11/2020$1,695Listed For RentAgent Provided
05/22/2019$1,895ListingRemovedAgent Provided
04/20/2019$1,895Listed For RentAgent Provided
04/19/2019$385,000Sold
ARMLS #5895072
04/12/2019$399,900PendingAgent Provided
03/12/2019$399,900Listed For SaleAgent Provided
01/09/2015$995ListingRemovedAgent Provided
01/05/2015$995Listed For RentAgent Provided
08/22/2006$63,000Sold
N/A
10/31/1997$36,000Sold
N/A

Market trends in North Mountain

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$371K
$5.17KMoM
Sale-to-List Price
99.3%
0.2%MoM
Price per sq ft
$245
$3MoM
Available listings
594
32MoM
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Property Tax and Assessment

Year2025
Tax$2,373
Assessment$728,000
Home facts updated by county records

Comparable Sales for 506 E Townley Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
321 E CAROL Avenue, Phoenix, AZ
0.41
Multi-Family Home
$675,000
12/22/25
9
5
4,700
1215 E MISSION Lane, Phoenix, AZ
0.69
Multi-Family Home
$550,000
07/17/26
6
3
3,600
315 E Carol Avenue, Phoenix, AZ
0.41
Multi-Family Home
$517,000
05/12/26
5
3
1,760
20 W SUNNYSLOPE Lane, Phoenix, AZ
0.52
Multi-Family Home
$600,000
10/03/25
4
4
2,192
837 E ALICE Avenue, Phoenix, AZ
0.34
Multi-Family Home
$450,000
03/20/26
4
2
1,478
338 E VOGEL Avenue, Phoenix, AZ
0.50
Multi-Family Home
$1,150,000
02/09/26
3
3
3,628
733 E HATCHER Road, Phoenix, AZ
0.41
Multi-Family Home
$650,000
11/03/25
5
5
2,707
833 E ALICE Avenue, Phoenix, AZ
0.33
Multi-Family Home
$449,900
04/30/26
4
2
1,478
1413 E CHERYL Drive, Phoenix, AZ
1.24
Multi-Family Home
$450,000
07/08/26
5
3
2,200
934 W CHERYL Drive, Phoenix, AZ
1.39
Multi-Family Home
$592,000
07/30/25
8
1
2,864

Nearby homes

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Assigned Schools

These are the assigned schools for 506 E Townley Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

North Mountain
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North Mountain

At least 1127 Trulia users voted on each feature.

  • 86 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 83 % Say car is needed

  • 77 % Say parking is easy

  • 67 % Say there's holiday spirit

  • 66 % Say yards are well-kept

  • 59 % Say it's quiet

  • 59 % Say kids play outside

  • 58 % Say streets are well-lit

  • 53 % Say it's walkable to restaurants

  • 50 % Say it's walkable to grocery stores

  • 49 % Say people would walk alone at night

  • 47 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 35 % Say there's wildlife

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Christopher Geber
    "It’s a good neighborhood with schools very close. You can hear the footballs games at Cortez High School. Traffic is lower in the area and tends to be a little more quit than the rest of Phoenix. "
    2
    Flag
  • Angelicarenteria3
    "There is a lot of kids in the neighborhood and everyone stays to themselves around here no problems "
    0
    Flag
  • J J
    "Holiday lights are amazing in the Moon Valley community. It is fun and competitive as the community decorates for the holidays. Fourth of July fireworks are a great site to see too."
    0
    Flag
  • Kerry G.
    "There aren’t many dog parks I’d want to take my dogs to. There is a park surrounding North Mountain. "
    7
    Flag
  • Shawnda P.
    "It's home and it's what I expected and I'm still here thank u Metro phoenix.. y'all been great and keep up the great business "
    13
    Flag
  • Trulia User
    "The mountain view is absolutely beautiful. There's trails to go hiking on. There's also a police station nearby. "
    1
    Flag
  • Laura R.
    "Apartment style living , close to everything, clean, there's a gym, pool, dog park, mini playground, laundry room. Very quaint"
    7
    Flag
  • Trulia User
    "It's an amazing neighborhood, very quiet and everyone minds their own business. It is so so so great here"
    1
    Flag
  • Trulia User
    "dog owners don't pick up after there dogs, dog poop everywhere it's disgusting. you can't walk down the street without seeing hundreds of piles of dog poop, "
    1
    Flag
  • Trulia User
    "has gone down him in the last few years... many homeless now sitting on every street and drug users... not a good place"
    4
    Flag
  • Trulia User
    "I wouldn’t like to see dog owners leaving their dogs unattended. It’s best to take care of the dogs messes and needs."
    0
    Flag
  • Trulia User
    "Super easy access to the 51–it’s the best freeway. The traffic in north mountain feels way lighter than any other place in central Phoenix. "
    1
    Flag
  • Trulia User
    "I use city transportation to commute to and from work. I love the north mountain community and know the area very well. I feel the area is great for family. The People in the community are very friendly. I have looked forward to making north mountain my home "
    0
    Flag
  • Trulia User
    "I drive, so I have no issues. public transportation is accessible. traffic is not to bad, depending on the time of day. "
    0
    Flag
  • Trulia User
    "This is about 20 minutes from downtown and central phoenix. There are a lot of loud cars here. People speed excessively."
    2
    Flag
  • Trulia User
    "lots of shopping n restaurants near by parks close too nice people lots of hiking usually affordable housing can be expensive but depends on where you live lots of grocery stores too"
    10
    Flag
  • Trulia User
    "i never had a problem here I usually leave my gate open during the day and so far so good lol I love the park near by and there is all ways cops around "
    1
    Flag
  • Trulia User
    "there are no community events but it would be great if there were. I have seen alley clean ups on nextdoor app. "
    0
    Flag
  • Trulia User
    "They would love it. There are side walks, parks, dog friendly restaurants and shopping areas. Drive thru restaurants give dog treats! "
    0
    Flag
  • Trulia User
    "I’ve loved here for 5 years because it’s the only neighborhood that is affordable. The only downside is that there is a lot of drug users"
    3
    Flag
  • Trulia User
    "drivers don't pay attention to speed in the neighborhood streets. it's very frustrating. there needs to be more stop signs or speed humps on the side streets. "
    0
    Flag
  • Trulia User
    "Neighbors hate loud dogs, mean looking dogs and complain about every little thing about your animals"
    0
    Flag
  • Trulia User
    "They had movies at the park recently. That’s about all they’ve done for neighborhood stuff. Some homeless I. The park, sleeping on kiss’s okay strictures and pooping on the ground "
    1
    Flag
  • Trulia User
    "Not a great area to raise kids, despite the local schools being awesome. Lots of violence, lots of shootings, gang activity and homeless people. "
    0
    Flag
  • Trulia User
    "I've lived here for 12 years. my kids have gone to school here from kindergarten to high school. My neighbors are friendly "
    2
    Flag
  • Trulia User
    "it's centrally located and it's not horrible for crime. most of the people around here are friendly people. there are a few who might make one question. "
    0
    Flag
  • Trulia User
    "A lot of dogs here are aggressive due to lack of training, and owners rarely pick up after their dogs. There are a few dog parks in the area, that is a plus. "
    0
    Flag
  • Trulia User
    "yes many people walk their dogs because we have a dog friendly park near by. most of the dogs are well mannered and the owners are pet responsible. a dog owner would appreciate other dog owners acceptance of dog responsibility."
    0
    Flag
  • Trulia User
    "People running their dogs off leash in common community areas and parks may be something dog owners like or not like"
    0
    Flag
  • Trulia User
    "I don’t commute as I am work from home. Oddly quiet area. A lot of jay walkers. The area is relatively safe. There a hospital near by so you can hear the helicopter every so often"
    0
    Flag
  • Trulia User
    "we keep an eye on each other's place and the people will wave hello and say hi to you. there are people who walk here after dark without any trouble. "
    0
    Flag
  • Trulia User
    "the gang violence makes it fun to play guess the sounds. Was it fireworks, gunshots, or backfiring cars?"
    1
    Flag
  • Trulia User
    "since I have moved here there have been more events, and I've been here for at least 3 yrs............................. "
    0
    Flag
  • Trulia User
    "It is the most dangerous neighborhood I have ever lived in. I am moving as soon as possible. Make sure to check the safety rating before you move, and go check out the area you want to move to late at night to see it at it's worst."
    0
    Flag
  • Flosimcoe
    "Near the mountain; quiet neighborhood, has every amenity required, people look out for each other, many yard sales, friendly neighbors, Christmas decorations, "
    7
    Flag
  • Ghadeer J.
    "Don’t have any in our neighborhood, but people have their own parties and own lives and on the 4th we go on streets light fireworks and watch each other and talk to each other from time to time "
    8
    Flag
  • Trulia User
    "Not too many events i know of but definitely a great safe place to live! great parks. wonderful place to raise. family."
    1
    Flag
  • Tavenatti
    "It’s rough after dark I don’t recommend for families with small children or single women. If ur a male or have dogs or multiple roommates you can find nice places , but there’s is plenty of crime and homeless people around here "
    11
    Flag
  • Thomas A.
    "There are too many people on drugs here and especially people on meth. A lot of break ins. Child molesters "
    7
    Flag
  • Thais T.
    "A lot of homeless. A huge choice for food. Ross, dd discount aroudn the corner. Near 1-17 freeway. North Peoria Av. side, only houses, South Peoria Av. only apartments "
    2
    Flag

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Homes for sale near 506 E Townley Ave

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Off Market Homes Near 506 E Townley Ave

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