2015 E EUGIE Terrace, Phoenix, AZ 85022
$1,325,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,325,000
Last Modified:
4/08/2026
Description
This 7-unit property boasts a fully renovated interior and in-unit washers and dryers in every residence, delivering a truly turn-key investment in the heart of North Phoenix. Situated in the established North Mountain submarket, the area continues to benefit from sustained population growth and strong demand for quality rental housing. With a uniform 2-bedroom/1-bathroom unit mix, 100% occupancy, and a proven history of long-term tenancy, this property stands out as an exceptional stabilized investment already generating consistent cash flow.
More Information MLS# 7010684
Contract Info
Current Price: $1,325,000
List Price: $1,325,000
Status: Active
List Date: 2026-04-08
Ownership: Fee Simple
Location Tax Legal
House Number: 2015
Compass: E
Street Name: EUGIE
St Suffix: Terrace
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85022
Zip4: 8005
County Code: Maricopa
Subdivision: SUN SAND BLK 1-3
Assessor Number: 166-10-056-A
Tax Year: 2025
General Property Description
Lot Size Dimensions: Normal
Year Built: 1985
Uncvrd Parking Spcs: 12
Total # of Units: 7
# of Buildings: 2
Zoning: R-3
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Remarks Misc
Cross Street: N 20th St and E Eugie Ter
Geo Lat: 33.60971
Geo Lon: -112.038527
Legal Info
Township: 3N
Range: 3E
Section: 15
Lot Number: 11
Income Expenses
Gross Annual Sch Inc: 111000
Net Operating Income: 87883
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 7
Avg Rent: 1321
Avg SqFt: 814
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Laminate
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer; W/D Hookup
Heating: Central
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: >1 Space Per Unit
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Orion Investment Real Estate
Last Updated: April - 08 - 2026
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