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2118 W Belmont Avenue, Phoenix, AZ 85021

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBetter Homes & Gardens Real Estate SJ Fowler
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Overview

Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Year built
1986

Utilities

Heating
Heat pump, Electric
Cooling
Central air, Ceiling fan(s), Electric, Heat pump
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$5,261

Public schools

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Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 6922688 Last checked:

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.