801 E DUNLAP Avenue
Phoenix, AZ 85020
North Mountain- 10 Beds
- 2 Baths
- 4,278 sqft
10 Beds
2 Baths
4,278 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1980
Living Area
4,278 sqft
Price/Sqft
$346
Parking
8 Open Spaces
About this House
Lease Highlights:
Lease Beginning: 3/24/2024
Lease Amount per Month: $9,500
NNN Expenses: $3,432 (Taxes and Insurance) Annual
Lease Expires: 4/31/2026
Tenant Pays W/S/T and repairs
Owner is extending the lease to a min. of 3 years but probably 5 years
What is a NNN? An Absolute NNN Lease simply means that the Tenant pays 100% of expenses. All repairs, all utilities, insurance and property taxes.
There is really good opportunity to own 8 units of Multifamily without many of the traditional expenses.
This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities. Lease Highlights:
Lease Beginning: 3/24/2024
Lease Amount per Month: $9,000
NNN Expenses: $1,113 (Taxes and Insurance)
Lease Expires: 4/31/2026
Owner is extending the lease to a min. of 3 years but probably 5 years
What is a NNN? An Absolute NNN Lease simply means that the Tenant pays 100% of expenses. All repairs, all utilities, insurance and property taxes.
There is really good opportunity to own 8 units of Multifamily without many of the traditional expenses.
This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities.
Property Highlights:
Recent Renovations:Over $200,000 in recent upgrades including:
- New bathrooms featuring tile showers ($50,000)
- Updated flooring throughout ($40,000)
- New or replaced appliances ($10,000)
- Fresh interior and exterior paint ($35,000)
- Modern kitchen upgrades including new cabinets ($10,000)
- Enhanced security with a steel fence and new exterior doors ($10,000)
- Upgraded finishes and lighting fixtures ($1,500)
- Improved laundry facilities ($2,000)
- Installation of surveillance cameras for added security ($22,000, operational status verified)
- Updated hot water heaters and AC units installed within the last 5 years ($34,000)
Financial Overview:
- **Lease Terms:** Long-term master lease with a reputable sober living company covering 100% of expenses.
- Income Stability:** Predictable rental income with all expenses paid by the tenant, offering a hassle-free investment opportunity.
- Capital Expenditures: Recent renovations ensure reduced maintenance costs and increased tenant satisfaction, enhancing property value and marketability.
Investment Considerations:
This property represents an attractive opportunity for investors seeking stable cash flow and minimal management involvement. With a strong lease in place and recent capital improvements, it stands as a secure investment in the vibrant Phoenix real estate market.
Disclaimer: Buyers are encouraged to verify all financial figures and lease terms independently.*
Lease Beginning: 3/24/2024
Lease Amount per Month: $9,500
NNN Expenses: $3,432 (Taxes and Insurance) Annual
Lease Expires: 4/31/2026
Tenant Pays W/S/T and repairs
Owner is extending the lease to a min. of 3 years but probably 5 years
What is a NNN? An Absolute NNN Lease simply means that the Tenant pays 100% of expenses. All repairs, all utilities, insurance and property taxes.
There is really good opportunity to own 8 units of Multifamily without many of the traditional expenses.
This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities. Lease Highlights:
Lease Beginning: 3/24/2024
Lease Amount per Month: $9,000
NNN Expenses: $1,113 (Taxes and Insurance)
Lease Expires: 4/31/2026
Owner is extending the lease to a min. of 3 years but probably 5 years
What is a NNN? An Absolute NNN Lease simply means that the Tenant pays 100% of expenses. All repairs, all utilities, insurance and property taxes.
There is really good opportunity to own 8 units of Multifamily without many of the traditional expenses.
This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities.
Property Highlights:
Recent Renovations:Over $200,000 in recent upgrades including:
- New bathrooms featuring tile showers ($50,000)
- Updated flooring throughout ($40,000)
- New or replaced appliances ($10,000)
- Fresh interior and exterior paint ($35,000)
- Modern kitchen upgrades including new cabinets ($10,000)
- Enhanced security with a steel fence and new exterior doors ($10,000)
- Upgraded finishes and lighting fixtures ($1,500)
- Improved laundry facilities ($2,000)
- Installation of surveillance cameras for added security ($22,000, operational status verified)
- Updated hot water heaters and AC units installed within the last 5 years ($34,000)
Financial Overview:
- **Lease Terms:** Long-term master lease with a reputable sober living company covering 100% of expenses.
- Income Stability:** Predictable rental income with all expenses paid by the tenant, offering a hassle-free investment opportunity.
- Capital Expenditures: Recent renovations ensure reduced maintenance costs and increased tenant satisfaction, enhancing property value and marketability.
Investment Considerations:
This property represents an attractive opportunity for investors seeking stable cash flow and minimal management involvement. With a strong lease in place and recent capital improvements, it stands as a secure investment in the vibrant Phoenix real estate market.
Disclaimer: Buyers are encouraged to verify all financial figures and lease terms independently.*
801 E DUNLAP Avenue, Phoenix, AZ 85020 is a 10 bedroom, 2 bathroom, 4,278 sqft multi-family in North Mountain, built in 1980. It last sold for the $1,495,000 asking price on May 30, 2025. It is currently off market. The Trulia Estimate is $1,478,600, with a rent estimate of $1,634/month.
Home Details for 801 E DUNLAP Avenue
|
|---|
Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 4278 Square Feet |
Appliances & Utilities Appliances: Free-Standing Range, RefrigeratorRefrigerator |
Heating & Cooling Heating: Individual,Heat Pump,ElectricHas CoolingAir Conditioning: Ceiling Fan(s),Electric,Heat Pump,IndividualHas HeatingHeating Fuel: Individual |
Gas & Electric Electric: Other (See Remarks), APS, Individual MeterHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Floors: Carpet, Vinyl |
|
|---|
Exterior Home Features Roof: Composition |
Parking & Garage Number of Covered Spaces: 8Open Parking Spaces: 8Has a CarportNo GarageHas Open ParkingParking Spaces: 16Parking: Other,Paved,>1 Space Per Unit,On Street,Carport |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 173 |
|
|---|
Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Painted, Block |
Property Information Parcel Number: 16003005 |
|
|---|
Price List Price: $1,495,000 |
Status Change & Dates Off Market Date: Wed Mar 12 2025 |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: PhoenixCommunity: FORD TRACT |
School Information High School District: Glendale Union High School District |
|
|---|
Building Area Building Area: 4278 Square Feet |
|
|---|
Community Features: No Pool |
|
|---|
Listing Terms: No Carry, Conventional |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
Owner Pays: None |
|
|---|
Mls Number: 6753569 |
|
|---|
No Pool |
Last check for updates: about 2 hours ago
Listed by Linda S Gerchick, (602) 688-9279
Gerchick Real Estate
Bought with: Linda S Gerchick, (602) 688-9279, Gerchick Real Estate
Source: ARMLS, MLS#6753569

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 801 E DUNLAP Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 05/30/2025 | $1,495,000 | Sold | ARMLS #6753569 |
| 03/13/2025 | $1,495,000 | Pending | ARMLS #6753569 |
| 01/24/2025 | $1,495,000 | PriceChange | ARMLS #6753569 |
| 01/24/2025 | $2,945,000 | PendingToActive | ARMLS #6793555 |
| 01/09/2025 | $2,945,000 | Pending | ARMLS #6793555 |
| 12/12/2024 | $2,945,000 | PriceChange | ARMLS #6793555 |
| 09/06/2024 | $1,495,000 | Listed For Sale | ARMLS #6753569 |
| 08/22/2024 | ListingRemoved | My State MLS #11264220 | |
| 04/02/2024 | $1,450,000 | Listed For Sale | My State MLS #11264220 |
| 02/11/2016 | $399,000 | Sold | N/A |
| 10/27/2000 | $248,000 | Sold | ARMLS #1510250 |
| 11/06/1996 | $240,000 | Sold | N/A |
| 11/14/1994 | $135,000 | Sold | N/A |
Market trends in North Mountain
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,431 |
| Assessment | $793,100 |
Home facts updated by county records
Comparable Sales for 801 E DUNLAP Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.46 | Multi-Family Home | $675,000 | 12/22/25 | 9 | 5 | 4,700 | |
0.52 | Multi-Family Home | $1,150,000 | 02/09/26 | 3 | 3 | 3,628 | |
0.26 | Multi-Family Home | $650,000 | 11/03/25 | 5 | 5 | 2,707 | |
0.25 | Multi-Family Home | $449,900 | 04/30/26 | 4 | 2 | 1,478 | |
0.25 | Multi-Family Home | $450,000 | 03/20/26 | 4 | 2 | 1,478 | |
0.47 | Multi-Family Home | $517,000 | 05/12/26 | 5 | 3 | 1,760 | |
0.75 | Multi-Family Home | $600,000 | 10/03/25 | 4 | 4 | 2,192 | |
0.83 | Multi-Family Home | $435,000 | 10/30/25 | 5 | 3 | 2,140 | |
0.97 | Multi-Family Home | $450,000 | 07/08/26 | 5 | 3 | 2,200 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 801 E DUNLAP Avenue.
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 kids play outside
58 % Say it's quiet
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 801 E DUNLAP Avenue
Off Market Homes Near 801 E DUNLAP Avenue
Frequently asked questions about 801 E DUNLAP Avenue
- What is 801 E DUNLAP Avenue estimated to be worth?Trulia's estimated value for 801 E DUNLAP Avenue in Phoenix, AZ is $1,478,600.
- What is the price history for 801 E DUNLAP Avenue?801 E DUNLAP Avenue in Phoenix, AZ last sold for $1,495,000 in May 2025.
- Is Phoenix a buyer's or seller's market?Phoenix is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Phoenix?The median sale price in Phoenix is $371K. That is up $5.17K from the prior month.
- Does 801 E DUNLAP Avenue have air conditioning?Yes, 801 E DUNLAP Avenue in Phoenix, AZ has air conditioning.
- Does 801 E DUNLAP Avenue have parking?Yes, 801 E DUNLAP Avenue in Phoenix, AZ has on-site parking.
