1718 E Campbell Avenue Multi#, Phoenix, AZ 85016

$2,915,000

Property Type: Multiple Dwellings Bedrooms: 22 Baths: 22 Status: Active

Current Price: $2,915,000 Last Modified: 10/07/2026

Overview

Description

*OWNER WILL FINANCE AT 4.5%, 7.5 YEAR BALLOON. ASK FOR DETAILS* Positioned at 16th St & Campbell Avenue, this portfolio presents a rare opportunity to acquire 11 well located 2-bedroom, 2-bathroom condominium units in the heart of Phoenix's prestigious Biltmore corridor. Located just a short walk from the AZ Biltmore and surrounded by premier shopping, dining, golf, and outdoor recreation, the property offers investors a highly desirable location w/enduring tenant appeal. *The offering consists of 10 units w/2-beds, 2-baths w/852 sf in the 85016 zip code, along w (1) additional 2-bed, 2-bath unit w/896 sf in the 85015 zip code. Residents benefit from a professionally managed HOA that handles the exterior maintenance, roof repairs, sewer service, trash collection & common area maintenance.

Supplements: Inquire within for the ''Offering Memorandum''.

Listing Details MLS# 7030971

Location, Tax & Legal

House Number: 1718
Compass: E
Street Name: Campbell
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 5462
Country: US
County Code: Maricopa
Subdivision: MADISON PARK GARDENS SOUTH
Assessor Number: 163-26-069
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: Multiple-12 Individual Condos (Inquire w/Lister)
Year Built: 1973
Total # of Units: 11
# of Buildings: 2
Zoning: Rental Resident
Flood Zone: No
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison #1 Elementary School

Remarks Misc

Cross Street: 16th St & Campbell Ave
Directions: SR-202 North to exit 1A SR-51 North keep right, Turn left on E Indian School Rd, Turn right onto N 16th St, Right onto E Campbell Ave to property.

Legal Info

Township: 2N
Range: 3E
Section: 22
Lot Number: 32

2 Bedroom Units

# 2 Bedroom Units: 11
Avg Rent: 1437
Avg SqFt: 856
# Baths: 2

More Information

Structure

Bedrooms Total: 22
Bathrooms Total: 22

Income Expenses

Gross Annual Sch Inc: 189624
Net Operating Income: 149328

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Project Type: 5 - 12 Units; Other (See Remarks) Other Type: Packaged Offering Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building; Other (See Remarks) Community Features: Pool Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Satellite Dish; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s) Appliances Included: Built-In Gas Oven; Built-In Range; Dishwasher; Disposal; Microwave; W/D Hookup; Other Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public; See Remarks Electric: SRP; Individual Meter Gas: SW Gas Parking Features: <1 Space Per Unit; Assigned Road Access Type: Private Road Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Water; Electricity; Gas Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Owner May Carry; Other (See Remarks) Environmental: None

Documents

Unbranded Flyer ›

Listing Office: Better Homes & Gardens Real Estate SJ Fowler

Office Phone: 480-649-3536

Last Updated: October - 07 - 2026