12247 N Fountain Hills Boulevard, Fountain Hills, AZ 85268

Fountain Hills
Local realty services provided by:HUNT Real Estate ERA
12247 N Fountain Hills Boulevard,Fountain Hills, AZ 85268
$689,990
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan christensen, jennifer crane
Office: opulent real estate group
MLS#:7003505
Source:ARMLS

Price summary

  • Price:$689,990

About this home

Hard-to-find duplex in Fountain Hills--ideal for investors seeking stable income with upside potential. Currently generating consistent rental income with an estimated cap rate of approximately 5.6% at a $689,000 sale price. The property offers a total of 2,325 SF on a spacious 0.27-acre lot. Unit A features a 2 bed / 2 bath layout (approx. 1,425 SF) currently rented at $1,850/month. Unit B is a 1 bed / 1 bath (approx. 900 SF) rented at $1,378/month. Value-add opportunity with room for future improvements. Additional highlights include separate metering for all utilities (including water), low maintenance expenses, and tenants responsible for all utilities Attractive curb appeal with newer fenced yards, covered patios, in-unit laundry, dishwashers, and ample storage.

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Home facts

  • Year built:1980
  • Listing ID #:7003505
  • Updated:March 25, 2026 at 10:33 AM

Rooms and interior

  • Flooring:Laminate

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1980
  • Construction Materials:Painted, Stucco

Finances and disclosures

  • Price:$689,990
  • Tax amount:$1,228 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Additional Parking Available, Carport
  • Garage:Yes
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