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Michelle Quackenbush

azbrokeronline@gmail.com +1(602) 999-2627

$ 3,999,000

Est. payment -/mo

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Active

2011 N 51ST Street Phoenix, AZ 85008

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Orangedale Tract 1,2, & 7,8

MLS Listing ID 6921463

Year Built 1979

Annual Tax Amount $8,436

Tax Year 2024

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Tropicana Apartments is a well-positioned, mostly renovated 20-unit multifamily community in the desirable Papago submarket of Metro Phoenix. Built in 1979 on 1.31 acres, the property offers 14,960 square feet of rentable space with a mix of floor plans averaging 748 square feet. Since 2020, the property has benefited from more than $420,000 in capital improvements, including pool refinishing, upgraded landscaping, new appliances, cabinetry, countertops, entry gate enhancements, and the installation of 15 new HVAC units, among other updates.

Location

State AZ

County Maricopa

Community Orangedale Tract 1, 2, & 7, 8

Area Maricopa

Zoning R-3

Interior

Heating Individual, Heat Pump, Electric, Ceiling

Cooling Central Air, Ceiling Fan(s), Electric, Individual

Flooring Ceramic Tile

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Washer/Dryer

Exterior

Parking Features Paved, Free, >1 Space Per Unit, On Street

Community Features Barbecue, Pool

Roof Type Composition

Garage Yes

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 126-21-011

Acceptable Financing No Carry, Conventional, 1031 Exchange

Disclosures None

Listing Terms No Carry, Conventional, 1031 Exchange

Listed by Orion Investment Real Estate

Michelle Quackenbush

Agent

+1(602) 999-2627

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