Two-Bedroom Condo with Covered
For Sale
$135,000
7126 N 19TH Avenue 152, Phoenix, AZ 85021
Residents can use the community pool and tennis court, and the unit includes carport parking.
Property Size1,020 SF
Price / SF$132.35
Days on Market526
Property Features for 7126 N 19TH Avenue 152
General Information
Standard status
Active
Size
1,020 SF
Property subtype
Apartment
Site & Location
Neighborhood
Alhambra
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$343
Amenities
covered patio
pool
tennis court
Building Details
Building Size
1,020 SF
Year Built
1970
Listing Agency:
Real Broker
Listed By:
Matthew S. Potter · License #SA647555000
(480) 343-7894
Source:
Arizonaproperrealestate
Added: May 27, 2025
Changed: Oct 31
Last Checked: Nov 3 at 5:56AM
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
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Investment Insights
Based on property information with market context.
This two-level condominium has two bedrooms, each with carpet and a spacious closet. Tile flooring and natural light feature in the interior, while the kitchen includes granite counters, stainless steel appliances, and ample cabinetry. A covered patio provides outdoor space, and carport parking is included. The property was built in 1970.
Community amenities include a pool and tennis court. Dining and shopping are nearby.
Community amenities include a pool and tennis court. Dining and shopping are nearby.
Key Highlights
- Two‑level condominium with two bedrooms
- Kitchen with granite counters, stainless steel appliances, and ample cabinetry
- Covered patio and carport parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,897
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,940
$237.9K
Cap Rate 7%
$169,957
$170.0K
Cap Rate 9%
$132,189
$132.2K
Market Conditions
NOI Build-Up for 1,020 SF
Gross rent
$23.0K $22.56/SF
− Vacancy
−$1.4K −$1.35/SF
EGI
$21.6K $21.21/SF
− OpEx
−$9.7K −$9.54/SF
NOI
$11.9K $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%
$237,940
Cap Rate 7%
$169,957
Cap Rate 9%
$132,189
Alternative Uses
Best Use
Apartment 5plus
$170.0K
$148.7K – $198.3K
NOI $11,897 @ 7.0% cap · market cap 8.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.0K
$270.4K – $360.5K
NOI $21,628 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
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Business Placement
Demographics for 85021, AZ
40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Residents can use the community pool and tennis court, and the unit includes carport parking.
Where is this residential income property located?
The property is located at 7126 N 19TH Avenue 152 Phoenix, AZ.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Two‑level condominium with two bedrooms; Kitchen with granite counters, stainless steel appliances, and ample cabinetry; Covered patio and carport parking
