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2020 W Orangewood Avenue, Phoenix, AZ 85021

Phoenix
Local realty services provided by:CENTURY 21 Toma Partners
2020 W Orangewood Avenue,Phoenix, AZ 85021
$3,895,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bradley skenderian
Office: matthews real estate investment services
MLS#:7004263
Source:ARMLS

Price summary

  • Price:$3,895,000

About this home

The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

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Home facts

  • Year built:1986
  • Subdivision & Development:TERRA BELLA
  • Listing ID #:7004263
  • Updated:August 19, 2026 at 03:02 PM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:Individual Cooling
  • Heating:Electric, Individual Heating

Structure and exterior

  • Year built:1986
  • Construction Materials:Painted, Stucco

Utilities

  • Water:City Franchise, Master Meter

Finances and disclosures

  • Price:$3,895,000
  • Tax amount:$5,371 (2025)

Parking

  • Total parking spaces:27
  • Parking description:1 Parking Space/Unit, Paved
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

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