Ground-Floor Residential Income
4410 N LONGVIEW Avenue 119, Phoenix, AZ 85014
For Sale
$180,000
Updated interiors and shared recreational amenities complement this single-level condominium in Phoenix.
Property Size860 SF
Price / SF$209.30
Days on Market103
Property Features for 4410 N LONGVIEW Avenue 119
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
pool
spa
clubhouse
fitness center
inside laundry
Building Details
Building Size
Year Built
Listing Agency:
Brokers Hub Realty, LLC
Listed By:
Wesley Ballew · License #SA656553000
(480) 694-7643
Source:
1912realty
Added: Jul 30
Changed: Nov 8
Last Checked: Nov 8 at 6:50PM
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 Brokers Hub Realty, LLC
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Investment Insights
Based on property information with market context.
This 860-square-foot ground-floor condominium was built in 1985 and has two bedrooms and two full bathrooms. Interior features include wood flooring, granite countertops, stainless steel appliances, updated lighting, and fresh paint. The HVAC system and water heater have also been replaced. The primary suite has a walk-in closet and private bathroom, and the unit includes in-home laundry.
Community amenities include a pool, spa, clubhouse, fitness center, and gated access. The property is in Phoenix, with the Biltmore, Midtown, Downtown Phoenix, the Camelback Corridor, Sky Harbor Airport, light rail, shopping, restaurants, and major freeway access identified nearby.
Community amenities include a pool, spa, clubhouse, fitness center, and gated access. The property is in Phoenix, with the Biltmore, Midtown, Downtown Phoenix, the Camelback Corridor, Sky Harbor Airport, light rail, shopping, restaurants, and major freeway access identified nearby.
Key Highlights
- 860‑square‑foot condominium with 2 bedrooms and 2 full bathrooms
- Ground‑floor, single‑level layout with in‑home laundry
- Replaced HVAC system and water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,031
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,620
$200.6K
Cap Rate 7%
$143,300
$143.3K
Cap Rate 9%
$111,456
$111.5K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$19.4K $22.56/SF
− Vacancy
−$1.2K −$1.35/SF
EGI
$18.2K $21.21/SF
− OpEx
−$8.2K −$9.54/SF
NOI
$10.0K $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%
$200,620
Cap Rate 7%
$143,300
Cap Rate 9%
$111,456
Alternative Uses
Best Use
Apartment 5plus
$143.3K
$125.4K – $167.2K
NOI $10,031 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.5K
$227.9K – $303.9K
NOI $18,235 @ 7.0% cap · market cap 10.13%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,065
Businesses Nearby
Explore this area
Business Placement
Demographics for 85014, AZ
26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value
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Market
Properties on Market for Residential income properties in Phoenix
Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors and shared recreational amenities complement this single-level condominium in Phoenix.
Where is this residential income property located?
The property is located at 4410 N LONGVIEW Avenue 119 Phoenix, AZ.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 860‑square‑foot condominium with 2 bedrooms and 2 full bathrooms; Ground‑floor, single‑level layout with in‑home laundry; Replaced HVAC system and water heater
