2609 E Fairmount Ave

Phoenix AZ 85016

967 sq. ft.

7623 sq. ft.

Single-Family

Currently for sale - view listing

Overview

UNIQUE INVESTMENT OPPORTUNITY in the BILTMORE/ARCADIA AREA! Charming 2 beds/2 baths MAIN HOUSE + 1 bed/1 bath GUEST HOUSE + TWO MODULAR 1 bed/1 bath homes, offering a total of FOUR separate living spaces on one property! 2026 average occupancy rate 65%, Airbnb rating 4.53 out of 5! Comes with confirmed future bookings totaling over $3,000 through Dec 1, 2026!!! The property generated $108,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average annual revenue of approximately $105,820. Gross revenue data and occupancy reports can be provided upon request. Main house is 967 sq ft, Casita is 400 sq ft, each modular home (2 in total) is 395 sq ft. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. The backyard is a common space for all guests with a Grill, Fire pit, Outdoor furniture and Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. All furniture & decor are included into sale! Conveniently located near the Biltmore and Arcadia areas, with easy access to Phoenix Children's Hospital, shopping, dining, entertainment, major freeways. A rare opportunity for investors looking for a property with multiple living spaces!

Features

5 bedrooms

5 bathrooms

4 carspaces

4 open car spaces

967 sq. ft. floor area

7623 sq. ft. lot size

Single-Family

Property history for 2609 E Fairmount Ave

2023

Sold

$535,000

23 Aug 2023 by Francesca Zanzucchi, of My Home Group Real Estate

2017

Sold

$264,900

11 May 2017 by Kelly Jensen, of HomeSmart

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