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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$599,000

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Pending

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 $515,000 MLS# 6928581-combined 7 units $1.175M) 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 Hospit 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

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Listed by P.J. Hussey & Associates, Inc

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

1940 W AMELIA Avenue Phoenix, AZ 85015

John Herkenrath

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1940 W AMELIA Avenue