306 E Kinderman Drive, Avondale, AZ 85323
Local realty services provided by:ERA Four Feathers Realty, L.C.
Listed by:linda s gerchick
Office:gerchick real estate
MLS#:6852900
Source:ARMLS
Price summary
- Price:$3,590,000
About this home
Step into a premier multifamily investment in the fast-growing city of Avondale, Arizona. This 13-unit complex has undergone nearly $1,000,000 in renovations, offering a rare blend of stability, modern upgrades, and location-driven upside.
📍 Property Highlights:
13 Total Units: Fully occupied with strong in-place income
Major Capital Improvements: Nearly $1M in renovations including interiors, exteriors, systems, and finishes
Dishwashers in Every Unit: A standout amenity that enhances rental appeal
Stabilized and Turnkey: Minimal deferred maintenance with all units leased
Strategic West Valley Location: Minutes from I-10, top employers, shopping, and entertainment
High Rental Demand: Avondale continues to experience rapid population and economic growth Investor-Friendly Market: Surrounded by infrastructure projects and booming development
Buyer to Verify All Facts and Figures During Due Diligence
Avondale, Arizona, is a rapidly expanding city in the Phoenix metropolitan area, offering strategic advantages for businesses and residents alike.
=Population Growth & Demographics
Avondale's population reached 96,196 in 2025, reflecting a 7.4% increase since 2020 and an annual growth rate of 1.4%. Projections estimate the population will grow to approximately 97,555 by the end of 2027This growth is fueled by the city's family-friendly environment, with 27.4% of residents under 18 years of age.
=Transportation & Freeway Access
Avondale boasts excellent connectivity through major transportation route:
- Interstate 10 (I-10) This major east-west corridor runs through Avondale, linking it to downtown Phoenix and other key areas
- Loop 101 (Agua Fria Freeway) Intersecting with I-10 near Avondale, it provides access to northern Phoenix
- State Route 30 (Tres Rios Freeway)** A planned freeway aimed at alleviating I-10 congestion, with construction of the central segment expected to begin soon
Recent infrastructure improvements, such as the Fairway Drive interchange, have enhanced local traffic flow and accessibility
â Major Employers & Economic Landscape
Avondale's economy is diverse, with key sectors including:
- Education & Health Services: Employing 19.9% of the workforce, with institutions like Estrella Mountain Community College playing a significant role.
- Retail Trade: Accounting for 13.9% of employment, supported by various local and national retailers.
- Professional & Administrative Services: Comprising 10.9% of jobs, reflecting a growing business services.
Notable employers include the City of Avondale, Stotz Equipment, and Starbucks.
Business & Lifestyle Advantages
Avondale offers a pro-business environment with benefits such as:
- Strategic Location: Proximity to major freeways facilitates commerce and commuting.
- Skilled Workforce: Access to a growing labor pool within the Greater Phoenix area.
- Quality of Life: A family-oriented community with amenities and services that support a high standard of living.
These factors make Avondale an attractive destination for businesses and families seeking growth opportunities in the Southwest.
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Home facts
- Year built:1969
- Listing Id #:6852900
- Updated:August 01, 2025 at 02:49 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Heat Pump, Individual Cooling
- Heating:Heat Pump, Individual Heating
Structure and exterior
- Year built:1969
Utilities
- Water:City Franchise, Master Meter
- Sewer:Sewer in & Connected
Finances and disclosures
- Price:$3,590,000
- Tax amount:$2,642 (2024)
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