Discover the exceptional investment potential of 2015 E Eugie Terrace, a meticulously maintained multifamily property in North Phoenix. This offering includes a main 6plex constructed in 1985 and a separate single family residence dating back to 1960, all under the care of the current owners for over two decades. Property Features: Unit Mix: Consists of six spacious 2-bedroom, 1-bathroom units averaging over 700 square feet each, alongside a single family residence. Stability and Maintenance: Enjoyed trouble-free operations with a history of long-term tenants and continuous upkeep. Value Enhancement: Potential for rent increases to market rates through an interior renovation program, leveraging recent updates to units.
The median home value in Phoenix, AZ is $248,600. This is lower than the county median home value of $272,900. The national median home value is $219,700. The average price of homes sold in Phoenix, AZ is $248,600. Approximately 47.8% of Phoenix homes are owned, compared to 41.63% rented, while 10.58% are vacant. Phoenix real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Phoenix real estate agent to arrange a tour today!
Phoenix, Arizona 85022 has a population of 1,574,421. Phoenix 85022 is less family-centric than the surrounding county with 31.53% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Phoenix, Arizona 85022 is $52,080. The median household income for the surrounding county is $58,580 compared to the national median of $57,652. The median age of people living in Phoenix 85022 is 33.3 years.
The average high temperature in July is 104.7 degrees, with an average low temperature in January of 44.2 degrees. The average rainfall is approximately 9.5 inches per year, with 0 inches of snow per year.