1338 E FILLMORE Street, Phoenix, AZ 85006

$990,000

Property Type: Multiple Dwellings Bedrooms: 7 Baths: 4 Status: Active

Current Price: $990,000 Last Modified: 11/02/2026

Overview

Description

The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

Listing Details MLS# 7062031

Location, Tax & Legal

House Number: 1338
Compass: E
Street Name: FILLMORE
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3459
Country: US
County Code: Maricopa
Subdivision: YAGGY TRACT
Assessor Number: 116-24-168
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 6,875 SF per assessor
Year Built: 1948
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 2
Zoning: R-5
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Garfield School
High School: North High School

Remarks Misc

Cross Street: 16TH STREET AND FILLMORE
Directions: North on 16th St from Van Buren St, west on Fillmore St to property on the south side.

Legal Info

Township: 1N
Range: 3E
Section: 4
Lot Number: 22

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 1250
Avg SqFt: 460
# Baths: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1373
Avg SqFt: 629
# Baths: Yes

Structure

Bedrooms Total: 7
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 64440
Net Operating Income: 48183

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco; Stone Roofing: Composition; Built-Up Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced Interior Features: Unfurnished Appliances Included: Built-In Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: ABI Multifamily

Office Phone: 602-714-1400

Last Updated: November - 02 - 2026