1940 W AMELIA Avenue new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85015
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision West Bugle
MLS Listing ID 6928574
Year Built 1956
Annual Tax Amount $1,500
Tax Year 2024
Lot Dimensions 14,200
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This listing is for 1940 W Amelia Ave and must be sold with 1944 W Amelia Ave (separate listing for $675,000 MLS# 6928581-combined 7 units $1.2M) Don't miss this rare opportunity to own a beautifully maintained income property in the heart of Central Phoenix, this red brick gem features two separate buildings—a 4-plex and a 3-plex—on two parcels, offering flexibility and strong investment potential. With 4 of the 7 units already remodeled, the property boasts excellent curb appeal, updated interiors, and a solid history of long-term tenants. Turnover is rare, and units are consistently easy to rent thanks to the unbeatable location just minutes from downtown Phoenix. Walkable access to shopping, dining, and public transportation, with the light rail less than a mile away, the VA Hospital just one mile out, and a bus line right at the property. Each unit is separately metered for gas and electric, and the neighborhood is quiet, established, and highly desirable. This is a prime opportunity to own a low-maintenance, high-demand rental property in one of Phoenix's most connected and growing areas.
Location
State AZ
County Maricopa
Community West Bugle
Area Maricopa
Zoning R4
Direction From 1-17, take Indian School Rd exit. Go east on Indian School Rd, then South on 19th Ave. Turn west onto Amelia Ave. Complex will be on your right.
Interior
Heating Electric
Cooling Electric
Flooring Vinyl
Appliance Free-Standing Range,Refrigerator,Microwave,Washer/Dryer
Exterior
Parking Features 1 Space/Unit,Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
High Schools Alhambra High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 110-06-012
Acceptable Financing Conventional,1031 Exchange,VA Loan
Disclosures None
Listing Terms Conventional,1031 Exchange,VA Loan