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800-354-5664
Listing provided courtesy of AZ Flat Fee- MLS# 6951436MLS Provider

7549 N 21ST AvenuePhoenix, AZ 85021

Multi-Family
$790,000 Active

7549 N 21ST Avenue Overview

Time on Site:
216 days
Visits:
0

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only,  please do not disturb tenants. No sign on the property.

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7549 N 21ST Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Glendale Union High School District
  • Elementary School: Orangewood School
  • Middle Or Junior School: Orangewood School
  • High School: Washington High School

Income/Expenses

  • Other Expense: 5618.68
  • Electric Expense: 345.84
  • Gross Income: 64344.68
  • Gross Scheduled Income: 64344.68
  • Insurance Expense: 2001.0
  • Net Operating Income: 9483.37
  • Operating Expense: 16356.45
  • Water Sewer Expense: 3335.62

Building Information

  • Year Built: 2003

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: MORTEN AVENUE ESTATES
  • Township: 2N

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $2,490.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: Conventional,1031 Exchange
  • Ownership: Fee Simple
  • Parcel Number: 157-19-118
  • Property Type: Multiple Dwellings
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP
  • Flooring: Tile

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Paved,Assigned,\u003c1 Space Per Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 10639
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

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

General Information

  • Exterior Features: Sidewalk(s)
  • Number Of Units Total: 4
  • Sewer: Sewer-In \u0026 Connected,Public Sewer

7549 N 21ST 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.

7549 N 21ST Avenue Monthly Cost

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$ %
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Matt Rivera
* 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.

7549 N 21ST 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

7549 N 21ST Avenue History

Date Event Value Agent
4/10/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$790,000 -1.3%
3/9/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$800,000 -1.2%
1/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$810,000 -2.4%
12/31/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$830,000 -1.2%
11/30/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Increase
$840,000 7.7%
11/25/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
November 25, 2025