1123 E Sierra Vista Drive, Phoenix, AZ 85014

Local realty services provided by:CENTURY 21 Toma Partners
1123 E Sierra Vista Drive,Phoenix, AZ 85014
$3,200,000
  • 38 Beds
  • 38 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: colin kreager, mitchell drake
Office: abi multifamily
MLS#:7098169
Source:ARMLS

Price summary

  • Price:$3,200,000

About this home

Sierra Vistas Apartments is a 24-unit community offering a rare value-add opportunity in one of North Central Phoenix's most desirable and supply-constrained rental markets. Built in 1957, the two-story, garden-style community consists of (2) studios, (8) 1-bed/1-bath units, and (14) large 2-bed/2-bath units. Residents enjoy an on-site pool, a landscaped courtyard, community laundry, & covered parking. The property offers substantial upside through interior, exterior, & system renovations, giving a new owner the opportunity to unlock meaningful rental growth in a neighborhood with consistently strong tenant demand. Master-metered electric & a central chiller/boiler present further opportunities for a buyer to implement a capital improvement strategy tailored to their investment objectives. Situated in a quiet pocket of the highly sought-after 85014 zip code, the property offers residents convenient access to the Uptown Corridor, the Biltmore, Phoenix Mountains, SR-51, premier...

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Home facts

  • Year built:1957
  • Listing ID #:7098169
  • Updated:October 27, 2026 at 05:01 PM

Rooms and interior

  • Bedrooms:38
  • Total bathrooms:38
  • Flooring:Carpet, Tile, Vinyl

Heating and cooling

  • Cooling:Chiller System
  • Heating:Central

Structure and exterior

  • Year built:1957
  • Construction Materials:Block, Painted

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$3,200,000
  • Tax amount:$14,179 (2025)

Parking

  • Total parking spaces:33
  • Parking description:1 Parking Space/Unit, Carport
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Benjamin Toma