1123 E Sierra Vista Drive, Phoenix, AZ 85014
1123 E Sierra Vista Drive, Phoenix, AZ 85014
1123 E Sierra Vista Drive, Phoenix, AZ 85014
1123 E Sierra Vista Drive, Phoenix, AZ 85014
1123 E Sierra Vista Drive, Phoenix, AZ 85014
1123 E Sierra Vista Drive, Phoenix, AZ 85014
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Michael Hernandez

Michael Hernandez

+1(602) 303-8998
$ 3,200,000
Est. payment | /mo

38 Beds

Save
$ 3,200,000
Est. payment | /mo
Save

38 Beds

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7098169

Bedrooms 38

Year Built 1957

Annual Tax Amount $14,179

Tax Year 2025

Lot Dimensions 127' x 285'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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 healthcare, major employment, popular dining, & everyday retail.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R-4

Interior

Heating Central

Cooling Chiller System

Flooring Carpet

Appliance Free-Standing Gas Oven

Exterior

Exterior Feature Sidewalk(s)

Parking Features 1 Space/Unit, On Street, Carport

Community Features Shuffle Brd/Lawn Bwl, Pool

Roof Type Composition

Private Pool Yes

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Others

Senior Community No

Tax ID 161-06-062-A

Ownership Fee Simple

Acceptable Financing Cash, Conventional, 1031 Exchange

Disclosures None, Seller Prop Disc Stm

Listing Terms Cash, Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by ABI Multifamily • Colin Kreager
Nearby Locations

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Michael Hernandez
Michael Hernandez

Agent

+1(602) 303-8998

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1123 E Sierra Vista Drive