1338 E FILLMORE Street, Phoenix, AZ 85006

$995,000
Property Type: Multiple Dwellings Bedrooms: 7 Baths: 4 Status: Active
Current Price: $995,000 Last Modified: 8/03/2026

Overview

Description

The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and extensively remodeled inside and out in 2024. 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, low-maintenance landscaping, 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 with strong growth potential.

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
Assessor's Map #
24
Legal Description (Abbrev)
LOT 22 YAGGY TRACT MCR 000452
Assessor's Parcel #
168
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
113201
Taxes
1213
Legal
LOT 22 YAGGY TRACT MCR 000452
Marketing Name
The Axl in Garfield

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

Project Type

Four Plex
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes
Stone
Yes

Roofing

Composition
Yes
Built-Up
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
2524
Annual Legal & Acctg
400
Annual Maint Exp
1200
Annual Mgmt Exp
3848
Annual Wtr/Swr Exp
3000
Owner Association
No
Annual Ownr Asoc Fee
0
Annual Rplcmnt Rsrvs
1000
Annual Other Expense
2700
Operating Exp
15885
Other Income
3000
Vacancy Allowance
0.05
Adjusted Gross Inc
64068
Total Monthly Rental Income
5370

Pmt & Rate Info

Cap Rate
4.84
Equity
995000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Central
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes

Exterior Amenities

Desert Landscaping
Yes
Fenced
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Built-In Electric Oven
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Landscaping
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

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
IDX
Listing Office: ABI Multifamily
Last Updated: August - 03 - 2026
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