801 E DUNLAP Avenue
Phoenix, AZ 85020
North Mountain- 10 Beds
- 2 Baths
- 4,278 sqft
10 Beds
2 Baths
4,278 sqft
Homes for sale near 801 E DUNLAP Avenue
Apartments for Rent
Local Information
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Description
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.*
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 May 30, 2025
Home Highlights
Parking
8 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 801 E DUNLAP Avenue
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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 |
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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 |
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Cumulative Days on Market: 173 |
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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 |
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Price List Price: $1,495,000 |
Status Change & Dates Off Market Date: Wed Mar 12 2025 |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: FORD TRACT |
School Information High School District: Glendale Union High School District |
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Building Area Building Area: 4278 Square Feet |
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Community Features: No Pool |
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Listing Terms: No Carry, Conventional |
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Business Information Ownership: Fee Simple |
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Owner Pays: None |
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Mls Number: 6753569 |
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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 |
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 | |
0.25 | Multi-Family Home | $505,000 | 07/10/25 | 4 | 2 | 1,750 | |
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 | |
0.18 | Multi-Family Home | $500,000 | 05/30/25 | 3 | 3 | 2,125 | |
0.08 | Multi-Family Home | $395,000 | 05/28/25 | 3 | 2 | - | |
0.55 | Multi-Family Home | $720,000 | 05/27/25 | 8 | 2 | - |
Assigned Schools
These are the assigned schools for 801 E DUNLAP Avenue.
What Locals Say about North Mountain
At least 1125 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
Learn more about our methodology.
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Homes for rent near 801 E DUNLAP Avenue
Off Market Homes Near 801 E DUNLAP Avenue
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801 E DUNLAP Avenue, Phoenix, AZ 85020 is a 10 bedroom, 2 bathroom, 4,278 sqft multi-family built in 1980. 801 E DUNLAP Avenue is located in North Mountain, Phoenix. This property is not currently available for sale. 801 E DUNLAP Avenue was last sold on May 30, 2025 for $1,495,000 (0% higher than the asking price of $1,495,000). The current Trulia Estimate for 801 E DUNLAP Avenue is $1,458,100.