Residential Income Property with
For Sale
$305,000
4343 N 21ST Street 158, Phoenix, AZ 85016
Ground-floor, single-level residence with a private attached garage and direct interior entry.
Property Size735 SF
Price / SF$414.97
Days on Market155
Property Features for 4343 N 21ST Street 158
General Information
Standard status
Active
Size
735 SF
Total Parking Spaces
1
Elevators
No
Property subtype
Apartment
Site & Location
Neighborhood
Camelback East
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$1,192
Amenities
community pool
spa
Building Details
Building Size
735 SF
Year Built
1998
Listing Agency:
The Brokery
Listed By:
Ariana Parry
(602) 910-1883
Source:
Bvoluxury
Added: May 28
Changed: Oct 26
Last Checked: Oct 26 at 11:35AM
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 The Brokery
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 735-square-foot, ground-floor condo in Biltmore Palms has one bedroom, one bathroom, and a single-level layout. The attached one-car garage connects directly to the residence through the laundry room. The primary suite includes a walk-in closet, and the property was built in 1998.
The gated community includes a pool and spa near the residence. The Phoenix property is minutes from Whole Foods, The Shops at Town & Country, Biltmore Fashion Park, golf, dining, and entertainment.
The gated community includes a pool and spa near the residence. The Phoenix property is minutes from Whole Foods, The Shops at Town & Country, Biltmore Fashion Park, golf, dining, and entertainment.
Key Highlights
- 735‑square‑foot, one‑bedroom, one‑bathroom condo
- Attached one‑car garage with interior access through the laundry room
- Ground‑floor, single‑level layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,573
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,460
$171.5K
Cap Rate 7%
$122,471
$122.5K
Cap Rate 9%
$95,256
$95.3K
Market Conditions
NOI Build-Up for 735 SF
Gross rent
$16.6K $22.56/SF
− Vacancy
−$995 −$1.35/SF
EGI
$15.6K $21.21/SF
− OpEx
−$7.0K −$9.54/SF
NOI
$8.6K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,460
Cap Rate 7%
$122,471
Cap Rate 9%
$95,256
Alternative Uses
Best Use
Apartment 5plus
$122.5K
$107.2K – $142.9K
NOI $8,573 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$222.6K
$194.8K – $259.8K
NOI $15,585 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,207
Businesses Nearby
Explore this area
Business Placement
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
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 - Ground-floor, single-level residence with a private attached garage and direct interior entry.
Where is this residential income property located?
The property is located at 4343 N 21ST Street 158 Phoenix, AZ.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 735‑square‑foot, one‑bedroom, one‑bathroom condo; Attached one‑car garage with interior access through the laundry room; Ground‑floor, single‑level layout
