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Multifamily Property with Cottage
New
For Sale
$355,000

2230 W Morten Ave, Phoenix, AZ 85021

R-3 zoning applies to a property with a main residence, detached cottage, and swimming pool.

Property SizeContact for details
Days on Market6

Property Features for 2230 W Morten Ave

General Information

Standard status Active
Property subtype Multi-Family
Zoning R-3

Additional Details

Multifamily Units 2

Amenities

swimming pool

Building Details

Year Built 1944
Buildings 2
Listing Agency: Coldwell Banker Realty
Listed By: Cook & Associates Real Estate Advisors
Source: Viewarizonahomesforsale
Added: Oct 11 Changed: Oct 15 Last Checked: Oct 16 at 8:37AM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

Built in 1944, this Phoenix multifamily property includes a primary residence, a separate cottage, and a swimming pool. Its R-3 zoning is a relevant consideration for evaluating the site's configuration and potential development options; any plans would be subject to city requirements.

Multifamily developments with as many as six units are present among the surrounding properties.

Key Highlights

  • Main residence and separate cottage
  • Swimming pool on site
  • R‑3 multifamily zoning

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Daycare Center Parking Lot & Garage Bakery Electrical Service (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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,136
Businesses Nearby

Demographics for 85021, AZ

40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - R-3 zoning applies to a property with a main residence, detached cottage, and swimming pool.
Where is this multifamily property located?
The property is located at 2230 W Morten Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Main residence and separate cottage; Swimming pool on site; R‑3 multifamily zoning
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