1338 E Fillmore St - Apartments FOR SALE


Phoenix, AZ 85006- Garfield
$990,000 USD
602-714-1289
1338 E Fillmore St, Phoenix, AZ for Sale
$990,000 USD
Apartments - FOR SALE
1/14
null | 4.89% Cap Rate

1338 E Fillmore St
Phoenix, AZ 85006
Garfield


HIGHLIGHTS

  • 4-Unit Garden-Style Property, Block Construction, Built in 1965, 1968, & 1996
  • Extensively Remodeled Interiors & Exteriors in 2024
  • (3) 2-Bed / 1-Bath Units & (1) 1-Bed / 1-Bath Unit
  • Dedicated Parking, Private Yards, & In-Unit Washer / Dryers
  • Located in the Garfield Historic District, Minutes From Downtown
  • Residential Financing Available

OVERVIEW

The Axl in Garfield is a 4-unit garden-style community featuring solid block construction and extensive renovations completed in 2024. Originally built in 1965, 1968, and 1996, the property has been fully modernized inside and out, blending mid-century charm with contemporary finishes for today’s urban renter. The community consists of (3) two-bedroom / one-bath units and (1) one-bedroom / one-bath unit, each showcasing brand-new interiors with upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers. Select residences also feature private fenced yards, offering a rare level of privacy and livability in this highly walkable neighborhood. Residents enjoy dedicated parking, low-maintenance landscaping, and immediate access to Downtown Phoenix, all within the historic and rapidly appreciating Garfield District—one of the city’s most vibrant and desirable urban enclaves. With the ability to secure residential financing, The Axl in Garfield presents an ideal opportunity for both new and seasoned investors seeking a turnkey, cash-flowing asset in a dynamic infill location with long-term growth potential.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

4

PRICE/UNIT

$247,500

CAP RATE

4.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Axl in Garfield

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,874 SF

ZONING

R-3

APN/PARCEL ID

116-24-168

ASK ABOUT THIS PROPERTY

Mitchell DrakeABI MultifamilyMore Info
602-714-1289

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Mitchell DrakeABI MultifamilyMore Info
602-714-1289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.