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315 E Carol Ave

Phoenix AZ 85020

4
Multi-Family
Currently for sale - view listing

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

Property history for 315 E Carol Ave

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

84%
84% 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 5 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 14 multi families similar to 315 E Carol Ave, have been sold.

This represents a 42% increase in multi families sales when compared to the previous 12 months.

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