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Renovated Apartment Property
New
For Sale
$2,800,000

4324 N 21st Street, Phoenix, AZ 85016

Seven residences across six buildings feature updated interiors, private outdoor areas, and individually metered utilities.

Property SizeContact for details
Lot Size0.73 Acres
Days on Market4

Property Features for 4324 N 21st Street

General Information

Standard status Active
Lot size 0.73 Acres
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $7,769

Amenities

gated parking
private outdoor space
individually metered utilities
low-maintenance grounds

Building Details

Year Built 1955
Year Renovated 2022
Buildings 6
Listing Agency: Real Broker
Listed By: Tyler Davis · License #SA688422000
Source: Jcluxuryresidential
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 9:32AM

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 Real Broker

Investment Insights

Based on property information with market context.

The property comprises three parcels with seven residences distributed among six buildings, including five detached units and one duplex. Studio through three-bedroom floor plans are represented. Renovation work completed in 2022 included interior improvements and system updates, while private outdoor areas and individually metered utilities add functional separation. Gated parking and low-maintenance grounds are also part of the site.

Located in Phoenix near 21st Street and Camelback Road, the property is close to the Biltmore, Arcadia, The Esplanade, shopping, dining, employment centers, and major freeways. The offering combines multiple residential structures with a varied unit mix and updated physical improvements.

Key Highlights

  • Three parcels totaling 31,787 square feet
  • Seven residences in six buildings
  • Five detached units plus one duplex

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Fish Market Butcher

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

7
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,495
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven residences across six buildings feature updated interiors, private outdoor areas, and individually metered utilities.
Where is this apartment building located?
The property is located at 4324 N 21st Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Three parcels totaling 31,787 square feet; Seven residences in six buildings; Five detached units plus one duplex
More about this property
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