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1119 & 1123 West Fillmore Street 1119 W Fillmore St 8 Unit Apartment Building $1,773,512 CAD ($221,689 CAD/Unit) Phoenix, AZ 85007
Investment Highlights
- 8 Units, Built in 1985, Garden-Style Property
- Value-Add Opportunity With Two Fully Remodeled Units & Six in Original Condition
- Two Fourplexes Situated On Individual Parcels, Qualifying for Residential Financing Options
- Unit Mix Consists of All 2-Bed / 1-Bath Units
- Each Unit Individually Metered for Electricity, With Alleyway Parking Access & Shared Outdoor Space
- Closing To Occur No Earlier Than January 2nd, 2026. All Tenants Are Currently Month-To-Month
Executive Summary
Two adjacent fourplexes located at 1119 & 1123 W Fillmore Ave, Phoenix, AZ 85007 (parcels 111-28-102 & 111-28-104) — must be sold together. Built in 1985, this 8-unit garden-style property features all 2-bed / 1-bath units, with two fully remodeled and six in original condition, creating a strong value-add opportunity. Solid block construction with individually metered electricity, alleyway parking access, and shared outdoor space. Two fourplexes on individual parcels qualify for residential financing. Prime central location near Downtown Phoenix, ASU Downtown Campus, Roosevelt Row, and major employers, with easy access to I-10, I-17, and Sky Harbor Airport. Closing to occur no earlier than January 2nd, 2026. All tenants on month-to-month leases, four units currently vacant, and no showings prior to accepted contract.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,773,512 CAD | Building Class | C |
| Price Per Unit | $221,689 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,180 SF |
| No. Units | 8 | Average Occupancy | 62% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1985 |
| Apartment Style | Garden | ||
| Zoning | R-5 - Residential | ||
| Price | $1,773,512 CAD |
| Price Per Unit | $221,689 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,180 SF |
| Average Occupancy | 62% |
| No. Stories | 1 |
| Year Built | 1985 |
| Zoning | R-5 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Refrigerator
- Range
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,364 CAD | 650 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Total Assessment | $24,137 CAD | |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,137 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1119 & 1123 West Fillmore Street | 1119 W Fillmore St
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