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Biltmore Corridor Condominium Portfolio
For Sale
$3,180,000

1718 East Campbell Avenue Unit MULTI#, Phoenix, AZ 85016

Twelve condominiums near AZ Biltmore with enduring tenant appeal.

Property Size896 SF
Price / SF$3,549
Days on Market144

Property Features for 1718 East Campbell Avenue Unit MULTI#

General Information

Standard status Active
Size 896 SF
Property subtype Multiple Dwellings
Zoning Rental Resident
Net Operating Income $162,875

Taxes and HOA fees

Annual Taxes $512

Amenities

Central Air, Electric
Electric
Ceramic Tile
Yes
Composition
Security Light(s)
Pool
2
12
Painted, Block

Building Details

Year Built 1973
Listing Agency: Better Homes & Gardens Real Estate SJ Fowler
Listed By: Laura A. Good · License #SA639563000
Source: Compass
Added: Mar 21 Changed: Aug 8 Last Checked: Aug 8 at 3:49PM

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 Better Homes & Gardens Real Estate SJ Fowler

Investment Insights

Based on property information with market context.

This portfolio offers the opportunity to acquire 12 condominium units situated near 16th St & Campbell Avenue in Phoenix's Biltmore corridor. The location provides convenient access to the AZ Biltmore, shopping, dining, golf, and outdoor recreation. The portfolio consists of 11 units featuring 2 bedrooms and 2 bathrooms, each with 852 square feet of living space, located in the 85016 zip code. Additionally, there is one 2-bedroom, 2-bathroom unit with 896 square feet of living space in the 85015 zip code. The homeowners association provides professional management, handling exterior maintenance, roof repairs, sewer service, trash collection, and common area maintenance.

Key Highlights

  • Prime Biltmore Corridor Location: Near premier shopping, dining, golf, and outdoor recreation.
  • Portfolio of 12 Condominium Units: Rare opportunity to acquire 12 well‑located 2‑bedroom, 2‑bathroom condominium units.
  • Professionally Managed HOA: Handling exterior maintenance, roof repairs, sewer service, trash collection, and common area maintenance.

Property Analytics

Current Use

Madison Park Gardens Condominium Complex

Suggested Use

Top Pick Food Market Grocery & Convenience Store Florist Barber Shop Daycare Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

2,326
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Twelve condominiums near AZ Biltmore with enduring tenant appeal.
Where is this apartment building located?
The property is located at 1718 East Campbell Avenue Unit MULTI# Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,180,000.
What are key features of this property?
This property features: Prime Biltmore Corridor Location: Near premier shopping, dining, golf, and outdoor recreation.; Portfolio of 12 Condominium Units: Rare opportunity to acquire 12 well‑located 2‑bedroom, 2‑bathroom condominium units.; Professionally Managed HOA: Handling exterior maintenance, roof repairs, sewer service, trash collection, and common area maintenance.
More about this property
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