14048 N CAMEO Drive, Fountain Hills, AZ 85268

$765,000
Property Type: Multiple Dwellings Bedrooms: 5 Baths: 4 Status: Active
Current Price: $765,000 Last Modified: 8/05/2026

Overview

Description

Fountain Hills fully rented duplex featuring a private pool and two spacious units—a 3BR/2BA and a 2BR/1.5BA. This well-maintained property offers strong rental income, desirable layouts, and excellent tenant stability. Located in a quiet, scenic neighborhood with easy access to local amenities, this duplex stands out with its larger floorplan and hard-to-find pool amenity. Perfect for investors seeking reliable cash flow or an owner-occupant looking to offset housing costs.

Listing Details MLS# 7062682

Location, Tax & Legal

House Number
14048
Compass
N
Street Name
CAMEO
St Suffix
Drive
City/Town Code
Fountain Hills
State/Province
AZ
Zip Code
85268
Zip4
2055
Country
US
County Code
Maricopa
Subdivision
FOUNTAIN HILLS AZ FINAL PLAT NO 104
Assessor Number
176-01-054
Tax Year
2025
Assessor's Map #
1
Legal Description (Abbrev)
LOT 25 BLOCK 2 FOUNTAIN HILLS AZ FINAL PLAT NO 104 MCR 013932
Assessor's Parcel #
54
Add'l Parcels
No
Tax Municipality
Fountain Hills
Census Tract
216818
Taxes
1437
Legal
176-01-054
Marketing Name
Cameo Duplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
10,171
Year Built
1975
Uncvrd Parking Spcs
6
Total # of Units
2
# of Buildings
Yes
Zoning
R2
Elementary School District
Fountain Hills Unified District
High School District
Fountain Hills Unified District
Elementary School
Fountain Hills Middle School
Jr. High School
Fountain Hills Middle School
High School
Fountain Hills High School

Legal Info

Township
3N
Range
6E
Section
10
Block
2
Lot Number
25

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1695
Avg SqFt
1200
# Baths
2

More Information

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
1845
Avg SqFt
1600
# Baths
2

Structure

Bedrooms Total
5
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
43450
Net Operating Income
33000

Showing Notification Methods

Showing Service
No Showing Service Used
Phone Call
Yes

Project Type

Duplex
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes
Foam
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1420
Annual Land Lse Exp
0
Annual Landscape Exp
1800
Annual Legal & Acctg
0
Annual Maint Exp
500
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
792
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
1379
Operating Exp
7328
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
43450

Pmt & Rate Info

Cap Rate
4.31
Equity
765000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Exterior Amenities

Cable TV Available
Yes
Patio/Balcony
Yes
Separate Storage
Yes

Tenant Pays

Water
Yes
Electricity
Yes
Trash Collection
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

Private
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage
Yes
Carport
Yes
Paved
Yes
Garage Door Opener
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Sewer
Yes
Pool Maintenance
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Project Type: Duplex Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Tile; Foam Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: Pool Exterior Amenities: Cable TV Available; Patio/Balcony; Separate Storage Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Cooling: Ceiling Fan(s); Central Air Water Source: Private Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Garage; Carport; Garage Door Opener; Paved Road Surface Type: Asphalt Owner Pays: Pool Maintenance Tenant Pays: Water; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; FHA; Conventional Environmental: None
IDX
Listing Office: PMI East Valley
Last Updated: August - 05 - 2026
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