The Axl in Garfield 1338 E Fillmore St 4 Unit Apartment Building $1,354,042 CAD ($338,511 CAD/Unit) 4.99% Cap Rate Phoenix, AZ 85006

The Axl in Garfield is a 4-unit garden-style community featuring solid block construction and extensive renovations completed in 2024. Originally built in 1965, 1968, and 1996, the property has been fully modernized inside and out, blending mid-century charm with contemporary finishes for today’s urban renter.
The community consists of (3) two-bedroom / one-bath units and (1) one-bedroom / one-bath unit, each showcasing brand-new interiors with upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers. Select residences also feature private fenced yards, offering a rare level of privacy and livability in this highly walkable neighborhood.
Residents enjoy dedicated parking, low-maintenance landscaping, and immediate access to Downtown Phoenix, all within the historic and rapidly appreciating Garfield District—one of the city’s most vibrant and desirable urban enclaves.
With the ability to secure residential financing, The Axl in Garfield presents an ideal opportunity for both new and seasoned investors seeking a turnkey, cash-flowing asset in a dynamic infill location with long-term growth potential.