338 N 1ST Street, Avondale, AZ 85323 (MLS# 7061053)

338 N 1ST Street, Avondale, AZ 85323

$640,000

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

Current Price: $640,000 Last Modified: 11/04/2026

Overview

Description

Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

Listing Details MLS# 7061053

Location, Tax & Legal

House Number: 338
Compass: N
Street Name: 1ST
St Suffix: Street
City/Town Code: Avondale
State/Province: AZ
Zip Code: 85323
Zip4: 1913
Country: US
County Code: Maricopa
Assessor Number: 500-18-033
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 101 x 60
Year Built: 1940
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: Yes
Zoning: R1-6
Elementary School District: Avondale Elementary District
High School District: Agua Fria Union High School District

Remarks Misc

Cross Street: Central Ave and Madden Dr
Directions: TYPE 321 N 1st St. IN GPS

Legal Info

Township: 1N
Range: 1W
Section: 10
Lot Number: -

1 Bedroom Units

# 1 Bedroom Units: 4
Avg SqFt: 500
# Baths: Yes

More Information

Structure

Bedrooms Total: 4
Bathrooms Total: 4

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Four Plex Construction: Wood Frame; Adobe Const - Finish: Stucco Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool; Barbecue Exterior Amenities: Fenced; Patio/Balcony Interior Features: Other (See Remarks) Appliances Included: None Heating: None Cooling: None Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: On Street; 1 Space/Unit Road Surface Type: Gravel Owner Pays: See Remarks Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Other (See Remarks) Environmental: None

Listing Office: eXp Realty

Office Phone: 888-897-7821

Office Email: az.broker@exprealty.net

Last Updated: November - 04 - 2026