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315 E Carol Ave
Multi-Family
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$539,900

315 E Carol Ave, Phoenix

55% below median
5 bd·3 ba·0 sqft
Built 1940Sunnyslope

315 E Carol Ave, Phoenix, AZ

5 bd · 3 ba · 0 sqft Multi-Family listed at $539,900, built in 1940 in the Sunnyslope neighborhood.

About this home

100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.

Property details

Price
$539,900
Bedrooms
5
Bathrooms
3
Year built
1940
Type
Multi-Family
Days on market
31
Est. property tax
$3,347/yr · $279/mo · 0.62% AZ avg
Last sold
$325,000 · Aug 2025

Estimated monthly payment

Down payment20% ($107,980)
Interest rate6.75%
Principal & Interest$2,801
Property Tax$495
Insurance$150
Total$3,446/mo

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Price history

$652K$310K$-32K$55K on Mar 77 (Sold)$71K on Sep 81 (Sold)$110K on Aug 02 (Sold)$132K on Aug 03 (Sold)$165K on Mar 05 (Sold)$60K on Sep 08 (Initial list)$30K on Feb 09 (Initial list)$45K on Feb 09 (Price change)$30K on Feb 09 (Price change)$25K on Mar 09 (Sold)$30K on Apr 09 (Price change)$77K on Sep 09 (Initial list)$65K on Mar 10 (Price change)$49K on May 10 (Price change)$79K on May 10 (Price change)$60K on Oct 11 (Price change)$55K on Oct 11 (Price change)$50K on Jun 12 (Price change)$50K on Aug 12 (Price change)$50K on Oct 12 (Sold)$126K on Jun 19 (Sold)$225K on Nov 19 (Sold)$405K on Oct 24 (Initial list)$370K on Feb 25 (Initial list)$365K on May 25 (Price change)$360K on Jun 25 (Price change)$325K on Aug 25 (Sold)$595K on Dec 25 (Initial list)$595K on Dec 25 (Price change)$585K on Dec 25 (Price change)$575K on Jan 26 (Price change)$565K on Jan 26 (Price change)$560K on Feb 26 (Price change)$550K on Feb 26 (Relisted)$549K on Feb 26 (Price change)$548K on Mar 26 (Price change)$545K on Mar 26 (Price change)$540K on Mar 26 (Initial list)
$55K · Mar 77$540K · Mar 26
  1. Mar 26, 2026$539,900Initial list price
  2. Mar 7, 2026$544,900Price change
  3. Mar 1, 2026$547,500Price change
  4. Feb 25, 2026$549,000Price change
  5. Feb 13, 2026$549,500Relisted
  6. Feb 2, 2026$559,900Price change
  7. Jan 16, 2026$564,900Price change
  8. Jan 1, 2026$574,900Price change
  9. Dec 19, 2025$584,900Price change
  10. Dec 15, 2025$594,900Price change
  11. Dec 9, 2025$595,000Initial list price
  12. Aug 4, 2025$325,000Sold
  13. Jun 13, 2025$359,900Price change
  14. May 7, 2025$364,900Price change
  15. Feb 25, 2025$369,900Initial list price
  16. Oct 4, 2024$405,000Initial list price
  17. Nov 22, 2019$225,000Sold
  18. Jun 3, 2019$126,000Sold
  19. Oct 5, 2012$49,500Sold
  20. Aug 4, 2012$49,900Price change
  21. Jun 21, 2012$49,900Price change
  22. Oct 25, 2011$55,000Price change
  23. Oct 9, 2011$59,900Price change
  24. May 19, 2010$79,000Price change
  25. May 18, 2010$49,000Price change
  26. Mar 21, 2010$65,000Price change
  27. Sep 10, 2009$77,000Initial list price
  28. Apr 4, 2009$29,900Price change
  29. Mar 31, 2009$25,000Sold
  30. Feb 21, 2009$29,900Price change
  31. Feb 6, 2009$45,100Price change
  32. Feb 3, 2009$29,900Initial list price
  33. Sep 3, 2008$60,000Initial list price
  34. Mar 18, 2005$165,000Sold
  35. Aug 4, 2003$132,000Sold
  36. Aug 12, 2002$109,900Sold
  37. Sep 9, 1981$70,500Sold
  38. Mar 16, 1977$55,000Sold

Location

This home is located in Phoenix, AZ, in the Phoenix / Scottsdale area. Browse more Phoenix listings on the Phoenix market page or explore the full Phoenix market report.

Location

Map of 315 E Carol Ave, Phoenix
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Home Intelligence

Neighborhood (zip 85020)

Median age is 43.5; 23% hold a bachelor's degree; 53% of homes are owner-occupied; median household income is $74,622.

Median income
$74,622
Median age
43.5
Owner-occupied
53.3%
Bachelor's degree
23.1%
Census median home value
$363,700

Source: US Census Bureau American Community Survey 5-year estimates.

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