Back 315 E Carol Ave
Off Market

315 E Carol Ave

Phoenix AZ 85020

4
Multi-Family
Last sold for $517,000
Keith GraysonKeith Grayson, last sold this property on 12 May 2026 after 153 days on market.

Overview

100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.

Features

4 carspaces
4 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 315 E Carol Ave is $477.5k.

Median value
$477.5k
Estimated value range
$325k - $1.15m
Median days on market
61
Estimated value trend
-19%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 315 E Carol Ave

2026
Sold
$517,000
12 May 2026 by Keith Grayson, of Grayson & Grayson
2025
Sold
$325,000
04 Aug 2025 by Joseph Mahoney, of JM Realty
2019
Sold
$126,000
03 Jun 2019 by ALEX ROBAYO Agent, of RE/MAX Professionals

Happy sellers in Phoenix

87%
87% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 10 multi families similar to 315 E Carol Ave, have been sold.

This represents a 25% increase in multi families sales when compared to the previous 12 months.

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