Price Reduction
Address
338 N 1st Street, Avondale, AZ
Price
$ 675,000
Property Attributes
  • MLS#7061053
  • TypeMulti-Family
  • Listing Status Active
  • CountyMARICOPA
  • CityAvondale
  • Zip85323
  • StyleMultiple Dwellings
  • Year Built1940
  • Taxes$ 516
  • Price$ 675,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

Price History
7/31/2026 Listed $725,000
8/26/2026 3$710,000
9/1/2026 2$699,999
9/9/2026 3$680,000
9/22/2026 1$675,000

General Features

Sewer Public Sewer
Heating None
Cooling None
Roof Composition
Zoning R1-6
Construction Materials Wood Frame,Stucco,Adobe
Year Built 1940
Electric APS,Individual Meter
Township 1N
Tax Year 2025
Ownership Fee Simple
Gross Income 0.0
OwnerPays See Remarks
Community Features Barbecue,No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 516.12
New Construction No
Property Type Multiple Dwellings
Attached Garage No
Garage Y/N No
Status Active
Directions TYPE 321 N 1st St. IN GPS
City Avondale
Disclosures Seller Prop Disc Stm
High School District Agua Fria Union High School District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N No
Tax Annual Amount 516.12
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Elementary School District Avondale Elementary District
Tax Lot -
MobileHomeRemainsYN No
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Other
Air Conditioning Y/N No
Heating Y/N No
Total Bedrooms 4
Total Baths 4

Exterior Features

Parking Features 1 Space/Unit,On Street
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa No
Lot Dimensions 101 x 60
Road Surface Type Gravel
Covered Spaces 0.0
Crops Included Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85323

Price
AVG $690K
$680K
Taxes
AVG $703
$516
Year Built
AVG 1948
1940
Visits
AVG 35
11
Data Provided by Inside Real Estate®

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