1801 W Carol Avenue, Phoenix, AZ 85021 (MLS# 6021642)

1801 W Carol Avenue, Phoenix, AZ 85021

$410,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $410,000 Last Modified: 5/04/2026

Overview

Description

We are pleased to announce a 4 plex in the heart of North Phoenix. This property has three one bedrooms and one two bedroom. Seller has remolded two kitchens replaced 7 window a/c's. New electrical roof replacement. Storage unit has washer hook up. Over 78k capital expenditures. Rents below market 500-650 proforma rents 750-850 All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of the sale.

Listing Details MLS# 6021642

Location, Tax & Legal

Map Code/Grid: M34
House Number: 1801
Compass: W
Street Name: Carol
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 0960
Country: US
County Code: Maricopa
Subdivision: IDLE EASE ANNEX
Assessor Number: 158-21-031
Tax Year: 2019
Assessor's Map #: 21
Legal Description (Abbrev): LOT 30 IDLE EASE ANNEX MCR 004008
Assessor's Parcel #: 31
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 104501
Taxes: 709
Legal: LOT 30 IDLE EASE ANNEX MCR
Marketing Name: IDLE EASE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 60 x 138
Year Built: 1960
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: Yes
Zoning: R-4
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Elementary School: Royal Palm Middle School
Jr. High School: Royal Palm Middle School

Remarks Misc

Cross Street: 19TH AVE. & DUNLAP
Directions: North on 19th Ave, E on Hatcher, N on 1ST left which turns into Carol. Property is located on the right.

Status Change Info

Off Market Date: 2021-03-08
Under Contract Date: 2021-02-07
Close of Escrow Date: 2021-03-10

Legal Info

Township: 3N
Range: 3E
Section: 30
Lot Number: 30

More Information

Income Expenses

Gross Annual Sch Inc: 34800
Net Operating Income: 24091

1 Bedroom Units

# 1 Bedroom Units: 4
Avg Rent: 700
Avg SqFt: 625
# Baths: Yes

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 1500
Seller Concession $/%: $
Buyer Concession to Seller: 0

Project Type

Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 120
Annual Gas Exp: 0
Annual Ins Exp: 1500
Annual Land Lse Exp: 0
Annual Landscape Exp: 500
Annual Legal & Acctg: 0
Annual Maint Exp: 2500
Annual Mgmt Exp: 0
Annual Trash Exp: 1000
Annual Wtr/Swr Exp: 2000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 8329
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 33060
Total Monthly Rental Income: 2800

Pmt & Rate Info

Cap Rate: 5.81
Down Payment: 0
Equity: 415000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Showing Notification Methods

Text: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes
Other: Yes
See Remarks: Yes

Heating

Electric: Yes

Cooling

Electric: Yes
Window/Wall Unit: Yes
Individual: Yes

Tenant Pays

Gas: Yes
Electricity: Yes
Cable TV: Yes

Appliances Included

Refrigerator: Yes
Free-Standing Range: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

On Street: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Conventional: Yes
No Carry: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted Roofing: Composition Floors: Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool; Other; See Remarks Appliances Included: Free-Standing Range; Refrigerator Cooling: Electric; Window/Wall Unit; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: On Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: Grace CRE

Last Updated: May - 04 - 2026