Listing provided courtesy of Rosenbaum Realty Group- MLS# 6987999MLS Provider

740 W CINNABAR AvenuePhoenix, AZ 85021

Multi-Family
$335,000 Active

740 W CINNABAR Avenue Overview

Time on Site:
129 days
Visits:
1

Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $900 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Sellers are willing to offer credit of $10K for property improvements! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

740 W CINNABAR Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Glendale Union High School District
  • Elementary School: Mountain View Elementary School
  • Middle Or Junior School: Royal Palm Middle School
  • High School: Sunnyslope High School

Income/Expenses

  • Gross Income: 18624.0
  • Gross Scheduled Income: 19200.0
  • Net Operating Income: 13440.0
  • Operating Expense: 872.0

Building Information

  • Year Built: 1954

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: IRONWOOD PLACE
  • Township: 3N

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $872.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: Conventional
  • Ownership: Fee Simple
  • Parcel Number: 158-29-034
  • Property Type: Multiple Dwellings
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP
  • Flooring: Carpet,Ceramic Tile

Exterior

Parking Information

  • Parking Features: Free,\u003c1 Space Per Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 74x143
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt
  • Water Source: Master Meter,City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Wood Frame,Painted,Stucco
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

740 W CINNABAR Avenue Neighborhood

Community

85021 (Phoenix) Demographics

36
Median Age
6,235
Population Density (per sq. mile)
39%
College Educated
$46,358
Estimated Median Income
6,423
Estimated Total Home Owners
10,268
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

740 W CINNABAR Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

740 W CINNABAR Avenue Market Data

Based on the last 30 days in this zip code

$721,038
Average List Price
$339
Average Price per Square Foot
13
Properties Sold
87
Average Days on Market
139
Properties for Sale
Calculations provided by Reliance Network

740 W CINNABAR Avenue History

Date Event Value Agent
4/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$335,000 -2.9%
2/21/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
February 21, 2026