Search
24-Unit Sierra Vistas Apartments
For Sale
Contact for pricing

1123 East Sierra Vista Drive, Phoenix, AZ 85014

Two-story community with varied floor plans, a pool, landscaped courtyard, laundry facilities, and covered parking.

Property SizeContact for details
Days on Market11

Property Features for 1123 East Sierra Vista Drive

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x studio, 8 x 1BR/1BA, 14 x 2BR/2BA
Multifamily Units 24

Amenities

pool
landscaped courtyard
community laundry facilities
covered parking

Building Details

Year Built 1957
Stories 2
Construction garden-style
Listing Agency: ABI Multifamily LLC
Listed By: Colin Kreager · License #SA693849000
Source: Crexi
Added: Sep 1 Changed: Sep 9 Last Checked: Sep 11 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ABI Multifamily LLC

Investment Insights

Based on property information with market context.

Sierra Vistas Apartments is a 24-unit, two-story garden-style community built in 1957 at 1123 East Sierra Vista Drive in Phoenix. The unit mix includes 2 studios, 8 one-bedroom, one-bath apartments, and 14 two-bedroom, two-bath apartments. Property amenities include an on-site pool, landscaped courtyard, community laundry facilities, and covered parking.

Building infrastructure includes master-metered electric service and a central chiller/boiler system. The property also presents a renovation scope involving interior, exterior, and system improvements. Its 85014 location provides access to the Uptown Corridor, Biltmore, Phoenix Mountains Preserve, SR-51, healthcare providers, employment centers, dining, and retail.

Key Highlights

  • 24‑unit apartment community built in 1957
  • Unit mix includes 2 studios, 8 one‑bedroom, one‑bath units, and 14 two‑bedroom, two‑bath units
  • Two‑story garden‑style layout with an on‑site pool and landscaped courtyard

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby

Demographics for 85014, AZ

26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story community with varied floor plans, a pool, landscaped courtyard, laundry facilities, and covered parking.
Where is this apartment building located?
The property is located at 1123 East Sierra Vista Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,360,000.
What are key features of this property?
This property features: 24‑unit apartment community built in 1957; Unit mix includes 2 studios, 8 one‑bedroom, one‑bath units, and 14 two‑bedroom, two‑bath units; Two‑story garden‑style layout with an on‑site pool and landscaped courtyard
(602) 714-1400 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message