One-Bedroom Apartment
New
For Sale
$179,000
17241 N 106th Ave, Sun City, AZ 85373
A private patio, enclosed lanai, and single-car garage complement the flat’s interior living space.
Property Size987 SF
Price / SF$181.36
Days on Market3
Property Features for 17241 N 106th Ave
General Information
Standard status
Active
Size
987 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
tile flooring
plantation shutters
upgraded lighting
stainless steel appliances
inside laundry
enclosed lanai
block-fenced patio
Building Details
Year Built
1974
Listing Agency:
Homesmart
(602) 230-7600
Listed By:
Ryan Bieber
(623) 323-9559
Source:
Searcharizonahomesforsale
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 4:15PM
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 Homesmart
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 987-square-foot apartment flat in Sun City has one bedroom, one bathroom, an open living area, and an enclosed lanai. Interior features include sculpted tile flooring, plantation shutters, updated lighting, stainless steel appliances, and inside laundry. A private block-fenced patio with pavers and a single-car garage are also included. The building dates to 1974, and the roof was resealed in October 2026.
Key Highlights
- 987‑square‑foot flat with one bedroom and one bathroom
- Enclosed lanai and spacious living area
- Block‑fenced patio with pavers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,139
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,780
$222.8K
Cap Rate 7%
$159,129
$159.1K
Cap Rate 9%
$123,767
$123.8K
Market Conditions
NOI Build-Up for 987 SF
Gross rent
$21.3K $21.60/SF
− Vacancy
−$1.1K −$1.08/SF
EGI
$20.3K $20.52/SF
− OpEx
−$9.1K −$9.23/SF
NOI
$11.1K $11.29/SF
Area
Maricopa County, AZ
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,780
Cap Rate 7%
$159,129
Cap Rate 9%
$123,767
Alternative Uses
Best Use
Apartment 5plus
$159.1K
$139.2K – $185.7K
NOI $11,139 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.3K
$267.1K – $356.2K
NOI $21,371 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Explore this area
Business Placement
Demographics for 85373, AZ
19,629
Population
10,749
Households
1.8
Avg Household Size
64
Median Age
31%
College-Educated
95%
High-School Grad
11.3 sq mi
ZIP Area
1,737
Density / Sq Mi
$68,445
Median Household Income
$42,133
Median Earnings
$1,950
Median Rent
$317,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - A private patio, enclosed lanai, and single-car garage complement the flat’s interior living space.
Where is this residential income property located?
The property is located at 17241 N 106th Ave Sun City, AZ.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 987‑square‑foot flat with one bedroom and one bathroom; Enclosed lanai and spacious living area; Block‑fenced patio with pavers
