1940 W Amelia Avenue, Phoenix, AZ 85015

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$599,000
List Price
$599,000
Status
CLOSED
Days on Market
62
Closing Date
Dec 05, 2025
MLS#
6928574
Subtype
Multiple Dwellings
Year Built
1956
Bedrooms
4
Bathrooms
4
Subdivision
West Bugle

Property Description

This listing is for 1940 W Amelia Ave and must be sold with 1944 W Amelia Ave (separate listing for $515,000 MLS# 6928581-combined 7 units $1.175M) Don't miss this rare opportunity to own a beautifully maintained income property in the heart of Central Phoenix, this red brick gem features two separate buildings—a 4-plex and a 3-plex—on two parcels, offering flexibility and strong investment potential. With 4 of the 7 units already remodeled, the property boasts excellent curb appeal, updated interiors, and a solid history of long-term tenants. Turnover is rare, and units are consistently easy to rent thanks to the unbeatable location just minutes from downtown Phoenix. Walkable access to shopping, dining, and public transportation, with the light rail less than a mile away, the VA Hosp just one mile out, and a bus line right at the property. Each unit is separately metered for gas and electric, and the neighborhood is quiet, established, and highly desirable. This is a prime opportunity to own a low-maintenance, high-demand rental property in one of Phoenix's most connected and growing areas.

Additional Information

Exterior Features
Sidewalk(s)
Taxes
$1,500
Zoning
R4
Appliances
Free-Standing Range, Refrigerator, Microwave, Washer/Dryer
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Brick, Painted
Parking Features
1 Space/Unit, Carport
High School
Alhambra High School

Courtesy of P.J. Hussey & Associates, Inc. 623-930-7700 Selling Office: Real Broker.

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks