822 E Carol Avenue, Phoenix, AZ 85020
Local realty services provided by:Success Property Brokers ERA Powered
Listed by: linda s gerchick
Office: gerchick real estate
MLS#:6952059
Source:ARMLS
Price summary
- Price:$749,000
About this home
This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses.
Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense.
Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membrane--dramatically reducing ongoing grounds maintenance.
Private Outdoor Space for Each Tenant, includi This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses.
Key Property Highlights
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense.
Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membranedramatically reducing ongoing grounds maintenance.
Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand.
Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stabilityideal for long-term investors.
One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgradesperfect for achieving market rent quickly.
All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs.
Significant Rental Upside, as existing rents are below current market levels for the area.
Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities.
Why This Fourplex Performs Well as an Investment
This asset checks all the boxes for a low-maintenance, high-demand rental investment:
Turnkey exterior improvements already completed
Individual outdoor spaces that support stronger rent premiums
A refreshed vacant unit ready for lease or owner-occupancy
Proven long-term construction type
Strong local renter demand driven by proximity to transit corridors and employment
East Sunnyslope - Phoenix, Arizona
Area Overview for Investors & Buyers**
East Sunnyslope is one of Phoenix's most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base.
Proximity to SR-51 (Highway 51)
East Sunnyslope benefits from immediate access to SR-51, one of Phoenix's primary north-south freeways. This corridor significantly reduces commute times to:
Downtown Phoenix (approx. 10 minutes)
Biltmore Financial District
Phoenix Children's Hospital & Medical Cluster
Sky Harbor International Airport
Scottsdale employment corridors
This connectivity is a major reason residents and investors choose the area.
Major Employers Near East Sunnyslope
While Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents:
Healthcare
HonorHealth John C. Lincoln Medical Center
A major medical employer and long-standing anchor of the Sunnyslope community.
Phoenix Children's Hospital (PCH) - approx. 10 minutes
Abrazo Health / Arizona Heart Hospital - via SR-51 access
Mayo Clinic Hospital - approx. 15-20 minutes north via SR-51
Healthcare continues to be one of Phoenix's strongest and fastest-growing employment sectors.
Government & Education
City of Phoenix administrative and service departments
Arizona Department of Economic Security
Nearby public, charter, and private schools creating local employment stability
Corporate & Office Employment
Easy SR-51 access puts residents within minutes of:
Camelback Corridor financial district
Central Avenue business core
Midtown office towers and professional services firms
Parks, Recreation & Lifestyle
East Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include:
North Mountain Park
A major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits.
Sunnyslope Park
A community-focused park with open green space, sports courts, and family amenities serving local residents.
Arizona Canal Multi-Use Path
A long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems.
Dreamy Draw Recreation Area (via SR-51)
A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve.
Why East Sunnyslope Appeals to Renters & Investors
Urban convenience with mountain views
Fast access to major highways
Close to hospitals, employment centers, and office corridors
Affordable compared to nearby North Central and Biltmore neighborhoods
Strong demand from healthcare workers, young professionals, and long-term tenants
Mixed housing stock with value-add opportunities...
Contact an agent
Home facts
- Year built:1977
- Listing ID #:6952059
- Updated:August 13, 2026 at 03:07 PM
Rooms and interior
- Flooring:Carpet, Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Ceiling Fan(s), Heat Pump, Individual Cooling
- Heating:Heat Pump, Individual Heating
Structure and exterior
- Year built:1977
- Construction Materials:Block, Painted, Slump Block
Utilities
- Water:City Franchise, Master Meter
Finances and disclosures
- Price:$749,000
- Tax amount:$927 (2025)
Parking
- Total parking spaces:6
- Parking description:1 Parking Space/Unit, Free Parking, Paved
All 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: Byron ShortNew listings near 822 E Carol Avenue
- New
$1,550,000Active4 beds 3 baths2,471 sq. ft.4025 E Osborn Road, Phoenix, AZ 85018
MLS# 7065969Listed by: RETSY - New
$575,000Active3 beds 3 baths1,653 sq. ft.1329 E Mescal Street, Phoenix, AZ 85020
MLS# 7065977Listed by: CRANE REAL ESTATE - New
$325,000Active2 beds 1 baths964 sq. ft.803 W Lydia Lane, Phoenix, AZ 85041
MLS# 7065979Listed by: ENDLESS VENTURES - New
$317,900Active3 beds 2 baths1,690 sq. ft.2923 E Tonto Lane, Phoenix, AZ 85050
MLS# 7065983Listed by: HOMESMART - New
$579,000Active3 beds 2 baths1,754 sq. ft.28331 N 21st Avenue, Phoenix, AZ 85085
MLS# 7065984Listed by: RE/MAX DESERT SHOWCASE - New
$389,999Active3 beds 2 baths1,092 sq. ft.1114 E Ruth Avenue, Phoenix, AZ 85020
MLS# 7065964Listed by: AMERICAN REALTY BROKERS - New
$514,900Active3 beds 3 baths1,820 sq. ft.14611 N 31st Avenue, Phoenix, AZ 85053
MLS# 7065949Listed by: CENTURY 21 ARIZONA FOOTHILLS - New
$1,199,000Active4 beds 3 baths3,153 sq. ft.9619 N 23rd Street, Phoenix, AZ 85028
MLS# 7065954Listed by: REAL BROKER - New
$495,000Active4 beds 2 baths1,729 sq. ft.5007 W Davis Road, Glendale, AZ 85306
MLS# 7065929Listed by: PRESTIGE REALTY - New
$1,295,000Active5 beds 3 baths2,709 sq. ft.6048 E Kathleen Road, Scottsdale, AZ 85254
MLS# 7065935Listed by: REALTY ONE GROUP
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2023 - 2026 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.