2230 W MORTEN Avenue, Phoenix, AZ 85021

New Listing

$355,000

Property Type: Multiple Dwellings Bedrooms: 3 Baths: 2 Status: Active

Current Price: $355,000 List Date: 10/10/2026 Last Modified: 10/10/2026

Overview

Description

EXCEPTIONAL REDEVELOPMENT & INVESTMENT OPPORTUNITY IN PHOENIX! Unlock the potential of this unique property featuring a main residence, separate cottage, and swimming pool! Situated in a growing Phoenix area with strong rental demand, this property presents an exciting opportunity for investors, developers, or those looking to expand their real estate portfolio. With R-3 multifamily zoning, the possibilities are worth exploring! Surrounding properties include multifamily developments with up to six units, highlighting the area's investment potential. Whether you're considering additional rental units, redevelopment, or maximizing the existing improvements, this property offers plenty of possibilities.

Supplements: Buyers are encouraged to consult with the City of Phoenix Planning and Development Department to verify zoning, density allowances, and development requirements. Prime investment potential, multiple existing structures, and room to envision something more -- don't miss this opportunity to capitalize on Phoenix's continued growth!

Listing Details MLS# 7092105

Location, Tax & Legal

House Number: 2230
Compass: W
Street Name: MORTEN
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 6914
Country: US
County Code: Maricopa
Subdivision: VISTA INCOME ESTATES 2
Assessor Number: 157-22-023
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 180.68 x 96.91
Year Built: 1944
Uncvrd Parking Spcs: 8
Total # of Units: 3
# of Buildings: 3
Zoning: R-3
Flood Zone: No
Elementary School District: Washington Elementary School District
High School District: Glendale Union High School District
Elementary School: Washington Elementary School
Jr. High School: Washington Elementary School District Online Learning Academ
High School: Glendale High School

Remarks Misc

Cross Street: 23rd Ave and Northern
Directions: Northern to 23rd Ave---South to Morten--East to 2230 on the North side

Legal Info

Township: 2N
Range: 2E
Section: Yes
Lot Number: 100

Efficiency Units

# Efficiency Units: Yes
Avg SqFt: 300
# Baths: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg SqFt: 981
# Baths: Yes

Structure

Bedrooms Total: 3
Bathrooms Total: 2

Income Expenses

Gross Annual Sch Inc: 2000000
Net Operating Income: 20000

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Other (See Remarks) Other Type: House + Rental Units Construction: Wood Frame Const - Finish: Siding Roofing: Composition Floors: Concrete Sale Includes: Land & Building Community Features: See Remarks Exterior Amenities: Landscape Water System; Green Landscaping; Fenced Interior Features: Unfurnished Appliances Included: Free-Standing Electric Oven Heating: Heat Pump Cooling: Heat Pump Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: None Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Gas Tenant Pays: Water; Electricity Source of Fincl Data: Owner Lockbox Type: Supra New Financing: Cash; Conventional Environmental: None

Listing Office: Coldwell Banker Realty

Office Phone: 623-344-1000

Office Email: rick.messerschmidt@azmoves.com

Last Updated: October - 10 - 2026