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Fourplex with 1-Bedroom Units
New
For Sale
$725,000

338 N 1ST Street, Avondale, AZ 85323

MULTI_FAMILY - Avondale, AZ

Days on Market2

Property Features for 338 N 1ST Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1-6
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1
Parking features On Street
Elementary school district Avondale Elementary District
Middle school district Agua Fria Union High School District
High school district Agua Fria Union High School District
Directions TYPE 321 N 1st St. IN GPS
Standard status Active
APN 500-18-033

Taxes and HOA fees

Tax Year 2025
Tax Description PT W2 SE4 BEG NW COR LOT 9 WHYMAN SUB TH N 53.55' TH E 120'TO POB TH N 53.55'TH E 120'TH S 53'TH W 1
Tax Annual Amount 516
Legal Description PT W2 SE4 BEG NW COR LOT 9 WHYMAN SUB TH N 53.55' TH E 120'TO POB TH N 53.55'TH E 120'TH S 53'TH W 1

Utilities

Sewer type Public Sewer

Building Details

Year built 1940
Number of units 4
Building materials Wood Frame, Stucco, Adobe
Roof type Composition
Listing Agency: eXp Realty
Listed By: David Tipei · License #SA699152000
Added: Jul 31 Last Checked: Aug 1 at 2:06AM
MLS# 7061053

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fourplex offers four one-bedroom, one-bath units. The property is described as having just over 500 square feet of living space per unit. Constructed in 1940 with a combination of wood frame, stucco, and adobe, the building also features a composition roof.

The property is located at 338 N 1ST Street in Avondale, Arizona, and is positioned near Central Avenue with access to shopping, dining, schools, and major commuter routes. The listing also notes on-street parking and public sewer service.

Zoned R1-6, the configuration may be well suited for investors seeking an income-producing fourplex, or for an owner-occupant looking for a multi-unit property with the ability to renovate or reposition.

Key Highlights

  • Fourplex with four one‑bedroom, one‑bath units
  • Just over 500 square feet of living space per unit
  • Zoned R1‑6

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Furniture & Home Goods Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Veterinary Clinic Electrical 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,264
Businesses Nearby

Demographics for 85323, AZ

44,632
Population
14,953
Households
3
Avg Household Size
29
Median Age
19%
College-Educated
81%
High-School Grad
17.7 sq mi
ZIP Area
2,522
Density / Sq Mi
$79,903
Median Household Income
$42,634
Median Earnings
$1,625
Median Rent
$335,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Fourplex in R1-6 zoning with four one-bedroom, one-bath units, wood-frame construction, and composition roofing.
Where is this quadplex located?
The property is located at 338 N 1ST Street Avondale, AZ.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Fourplex with four one‑bedroom, one‑bath units; Just over 500 square feet of living space per unit; Zoned R1‑6
More about this property
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