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Four-Unit Quadplex
For Sale
$680,000

338 N 1ST Street, Avondale, AZ 85323

Multiple Dwellings, Avondale, AZ

Property SizeContact for details
Days on Market47

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 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 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 Changed: Sep 12 Last Checked: Sep 15 at 1:06PM
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.

Built in 1940, this quadplex contains four one-bedroom, one-bathroom residences, each measuring just over 500 square feet. The improvements use wood-frame construction with stucco finishes, along with adobe listed among the construction materials. A composition roof, public sewer service, and on-street parking are also in place.

The property is located near Central Avenue in Avondale, with access to shopping, dining, schools, and major commuter routes. R1-6 zoning applies to the site. The existing four-unit layout offers a defined multifamily format within a central Avondale location.

Key Highlights

  • Four one‑bedroom, one‑bathroom units
  • Each residence measures just over 500 square feet
  • R1‑6 zoning

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

784
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
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four compact residential units provide an income-producing multifamily configuration near Central Avenue.
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 $680,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; Each residence measures just over 500 square feet; R1‑6 zoning
More about this property
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