Description
This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners...This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membrane—dramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, includi This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membranedramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand. Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stabilityideal for long-term investors. One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgradesperfect for achieving market rent quickly. All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs. Significant Rental Upside, as existing rents are below current market levels for the area. Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities. Why This Fourplex Performs Well as an Investment
This asset checks all the boxes for a low-maintenance, high-demand rental investment:
Turnkey exterior improvements already completed
Individual outdoor spaces that support stronger rent premiums
A refreshed vacant unit ready for lease or owner-occupancy
Proven long-term construction type
Strong local renter demand driven by proximity to transit corridors and employment
East Sunnyslope - Phoenix, Arizona
Area Overview for Investors & Buyers East Sunnyslope is one of Phoenix's most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base. Proximity to SR-51 (Highway 51)
East Sunnyslope benefits from immediate access to SR-51, one of Phoenix's primary north-south freeways. This corridor significantly reduces commute times to:
Downtown Phoenix (approx. 10 minutes)
Biltmore Financial District
Phoenix Children's Hospital & Medical Cluster
Sky Harbor International Airport
Scottsdale employment corridors
This connectivity is a major reason residents and investors choose the area. Major Employers Near East Sunnyslope
While Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents:
Healthcare
HonorHealth John C. Lincoln Medical Center
A major medical employer and long-standing anchor of the Sunnyslope community. Phoenix Children's Hospital (PCH) - approx. 10 minutes
Abrazo Health / Arizona Heart Hospital - via SR-51 access
Mayo Clinic Hospital - approx. 15-20 minutes north via SR-51
Healthcare continues to be one of Phoenix's strongest and fastest-growing employment sectors. Government & Education
City of Phoenix administrative and service departments
Arizona Department of Economic Security
Nearby public, charter, and private schools creating local employment stability
Corporate & Office Employment
Easy SR-51 access puts residents within minutes of:
Camelback Corridor financial district
Central Avenue business core
Midtown office towers and professional services firms
Parks, Recreation & Lifestyle
East Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include:
North Mountain Park
A major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits. Sunnyslope Park
A community-focused park with open green space, sports courts, and family amenities serving local residents. Arizona Canal Multi-Use Path
A long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems. Dreamy Draw Recreation Area (via SR-51)
A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve. Why East Sunnyslope Appeals to Renters & Investors
Urban convenience with mountain views
Fast access to major highways
Close to hospitals, employment centers, and office corridors
Affordable compared to nearby North Central and Biltmore neighborhoods
Strong demand from healthcare workers, young professionals, and long-term tenants
Mixed housing stock with value-add opportunities
Brand-New Roof with a transferable warranty, providing future owners...This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membrane—dramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, includi This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membranedramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand. Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stabilityideal for long-term investors. One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgradesperfect for achieving market rent quickly. All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs. Significant Rental Upside, as existing rents are below current market levels for the area. Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities. Why This Fourplex Performs Well as an Investment
This asset checks all the boxes for a low-maintenance, high-demand rental investment:
Turnkey exterior improvements already completed
Individual outdoor spaces that support stronger rent premiums
A refreshed vacant unit ready for lease or owner-occupancy
Proven long-term construction type
Strong local renter demand driven by proximity to transit corridors and employment
East Sunnyslope - Phoenix, Arizona
Area Overview for Investors & Buyers East Sunnyslope is one of Phoenix's most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base. Proximity to SR-51 (Highway 51)
East Sunnyslope benefits from immediate access to SR-51, one of Phoenix's primary north-south freeways. This corridor significantly reduces commute times to:
Downtown Phoenix (approx. 10 minutes)
Biltmore Financial District
Phoenix Children's Hospital & Medical Cluster
Sky Harbor International Airport
Scottsdale employment corridors
This connectivity is a major reason residents and investors choose the area. Major Employers Near East Sunnyslope
While Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents:
Healthcare
HonorHealth John C. Lincoln Medical Center
A major medical employer and long-standing anchor of the Sunnyslope community. Phoenix Children's Hospital (PCH) - approx. 10 minutes
Abrazo Health / Arizona Heart Hospital - via SR-51 access
Mayo Clinic Hospital - approx. 15-20 minutes north via SR-51
Healthcare continues to be one of Phoenix's strongest and fastest-growing employment sectors. Government & Education
City of Phoenix administrative and service departments
Arizona Department of Economic Security
Nearby public, charter, and private schools creating local employment stability
Corporate & Office Employment
Easy SR-51 access puts residents within minutes of:
Camelback Corridor financial district
Central Avenue business core
Midtown office towers and professional services firms
Parks, Recreation & Lifestyle
East Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include:
North Mountain Park
A major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits. Sunnyslope Park
A community-focused park with open green space, sports courts, and family amenities serving local residents. Arizona Canal Multi-Use Path
A long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems. Dreamy Draw Recreation Area (via SR-51)
A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve. Why East Sunnyslope Appeals to Renters & Investors
Urban convenience with mountain views
Fast access to major highways
Close to hospitals, employment centers, and office corridors
Affordable compared to nearby North Central and Biltmore neighborhoods
Strong demand from healthcare workers, young professionals, and long-term tenants
Mixed housing stock with value-add opportunities
- Listed by Linda S Gerchick • Brokerage DRE #LC644567000 • Gerchick Real EstateP: (602)-688-9279 C: (602)-688-9279 Linda@justsoldit.com
Property Details for 822 East Carol Avenue
View YN
No
ZoningMulti
LISTING UPDATED: 12/14/2025 08:42 AM
Property Details for 822 East Carol Avenue
| Status | Active |
|---|---|
| MLS # | 6952059 |
| Days on Market | 26 |
| Taxes | $927 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $1,200 / month |
| Compass Type | Multi Family |
| MLS Type | Multiple Dwellings |
| Year Built | 1977 |
| Lot Size | - |
| County | Maricopa County |
Location
Listing Courtesy of Gerchick Real Estate
Add your commute
Building Information for 822 East Carol Avenue
Stories-Residences4Year Built1977Building Size-Lot Size-
Payment Calculator
$6,095 per month
30 year fixed, 6.28% Interest
Principal and Interest
$4,818
Property Taxes
$77
HOA Dues
$1,200
The Payment Calculator is for illustrative purposes only.
Property Information for 822 East Carol Avenue
Summary
Location and General Information
- Unparsed Address: 822 E CAROL Avenue, Phoenix, AZ 85020
- City: Phoenix
- Coordinates: -112.062093, 33.572538
- Country: US
- County Or Parish: Maricopa
- Cross Street: 7th Street/Hatcher
- Directions: Head east on Mountain View Rd from the intersection with Cave Creek Rd. Continue straight on Mountain View Rd past the residential area. Turn right (south) onto N 16th St (or the nearest major cross street that connects toward E Carol Ave). Follow N 16th St south toward E Carol Ave. Turn left onto E Carol Ave. Arrive at 822 E Carol Ave (on your right).
- Latitude: 33.572538
- Longitude: -112.062093
- Postal City: Phoenix
- Postal Code: 85020
- Postal Code Plus4: 2138
- State Or Province: AZ
- Street Suffix: Avenue
- Year Built: 1,977
Taxes and HOA
- Tax Annual Amount: $927.00
- Tax Book Number: 159.00
- Tax Legal Description: E 50' OF S2 NW4 SE4 NW4 SW4 EX S 25' RD .16 AC
- Tax Lot: 0
- Tax Year: 2,025
Parking
- Covered Spaces: 0
- Garage YN: No
- Open Parking Spaces: 6
- Open Parking YN: Yes
- Parking Features: Paved, Free, 1 Space/Unit, On Street
- Parking Total: 6
School Information
- High School District: Glendale Union High School District
Virtual Tour
- Virtual Tour URL Unbranded: https://tours.arizonarealtours.com/2364950?idx=1
Property
Lot Information
- Building Area Units: Square Feet
- Living Area Units: Square Feet
- Lot Size Dimensions: irr
Property and Assessments
- Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
- Documents Count: 14
- Ownership: Fee Simple
- Parcel Number: 15937078
- Property Type: Multiple Dwellings
- Public Survey Range: 3E
- Public Survey Section: 28
- Public Survey Township: 3N
Utilities
- Electric: APS, Individual Meter
- Electric Expense: $.00
- Electric On Property YN: Yes
- Sewer: Public Sewer
- Trash Expense: $.00
- Water Sewer Expense: $2,300.00
- Water Source: Master Meter, City Franchise
Interior and Exterior Features
Exterior Features
- Community Features: No Pool
- Construction Materials: Painted, Block, Slump Block
- Number Of Buildings: 1
- Number Of Units Total: 4
- Roof: Composition, See Remarks
Interior Features
- Bathrooms Total Decimal: 0.0
- Bathrooms Total Integer: 0
- Cooling: Ceiling Fan(s), Heat Pump, Individual
- Cooling YN: Yes
- Flooring: Carpet, Ceramic Tile, Vinyl
- Heating: Individual, Heat Pump
- Heating YN: Yes
Multi Family
Income & Expenses
- Fuel Expense: $.00
- Gardner Expense: $400.00
- Gross Income: $53,544.00
- Gross Scheduled Income: $52,800.00
- Insurance Expense: $1,783.00
- Maintenance Expense: $1,200.00
- Net Operating Income: $42,286.00
- Operating Expense: $11,293.00
- Other Expense: $400.00
- Professional Management Expense: $4,283.00
Property History for 822 East Carol Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 27, 2025 | Listed (Active) ARMLS #6952059 | $975,000 | — |
| May 13, 2016 | Withdrawn ARMLS #5332193 | $188,400 | — |
| Sep 9, 2015 | Listed (Active) ARMLS #5332193 | $194,900 | — |
| Oct 23, 2012 | Sold (Public Record) Public Record #340512858 | $150,000 | +5.8% / yr |
| Oct 28, 2008 | Sold (Public Record) Public Record #258444375 | $120,000 | — |
| Oct 28, 2008 | Sold (Public Record) Public Record #758444375 | $120,000 | — |
| Sep 18, 2008 | Withdrawn ARMLS #2969395 | $159,000 | — |
| Apr 8, 2008 | Listed (Active) ARMLS #2969395 | $295,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/27/2025 | Listed (Active) ARMLS #6952059 | $975,000 |
| 05/13/2016 | Withdrawn ARMLS #5332193 | $188,400 |
| 09/09/2015 | Listed (Active) ARMLS #5332193 | $194,900 |
| 10/23/2012 | Sold (Public Record) Public Record #340512858 | $150,000 +5.8% / yr |
| 10/28/2008 | Sold (Public Record) Public Record #258444375 | $120,000 |
| 10/28/2008 | Sold (Public Record) Public Record #758444375 | $120,000 |
| 09/18/2008 | Withdrawn ARMLS #2969395 | $159,000 |
| 04/08/2008 | Listed (Active) ARMLS #2969395 | $295,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 822 East Carol Avenue
Taxable ValueLand-Additions-Total-
Tax Record2025$927 ($77 / month)
Home Facts
Total Finished SqFt1,776 SqFtAbove Grade Finished SqFt1,776 SqFtStories1Lot Size6,970 SqFtStyleQuadraplexYear Built1977ZoningR-4CountyMARICOPAAPN159-37-078
Schools near 822 East Carol Avenue
This home is within Washington Elementary School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Sunnyslope Elementary School PublicK to 8 | ||
Sunnyslope High School Public9 to 12 | ||
Abraham Lincoln Traditional School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Gerchick Real Estate
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
