Fountain Hills AZ Multi-Family Real Estate, Homes for Sale

Own both sides of this well maintained duplex for income property or multi generational living! Each unit has vaulted ceilings, open floor plan, 1 car garage +pad parking and large back yards. One bedroom +den (originally considered a 2nd bedroom, but has no fire egress) and two full bathrooms. Newer roof, AC units, exterior paint and some appliances. Great tenants in both sides.

14428 N Saguaro Boulevard, Fountain Hills

$1,595,000

6606413 MLS

Wow! Located in the heart of coveted Fountain Hills, this 5-plex is a rare find and investors dream. The investment opportunity includes four 2 bed/2bath units, and an additional 3 bedroom 2 bath. Updated for the 21st century, the property has been remodeled extensively. Location, location, location! Walk to the center of town for the best restaurants, shopping, grocery stores, and the world famous lake. Obtain premium pricing with a fantastic pool and large lot. Each unit enjoys private laundry, patio, and covered parking space. Mountain views are a fantastic bonus feature designed to make any tenant choose this property.

16720 E Westby Drive, Fountain Hills

$965,000

6591791 MLS

Embrace an exceptional opportunity to own both sides of a distinctive duplex, each offering an incredible opportunity for a multi-generational living or extra income! Enjoy NO HOA from this private 1/4 acre lot. Located in the center of town, stunning Fountain Views, 4th of July fireworks, and mountain views of the Mazatal Range, Four Peaks, Red Mountain, McDowell Mountains, and Bull Dog Cliffs are forever yours. A circular driveway, individual garages, a sparkling pool, built in spa provide unrivaled versatility. Fountain Hills is a coveted community offering quick access to airports, Saguaro lake, world class hiking trails, the salt river, and is an international dark sky community. Beginning at the inviting entrance of Residence A, a world of brilliance unfolds. The living room exudes an understated sophistication with soaring vaulted ceilings and a stately fireplace, while the adjacent kitchen is a testament to functionality and style. The dinette, framed by bay windows, invites you to savor meals with more incredible views. The master bedroom envelops you in comfort, boasting more vaulted ceilings, ample space and an en-suite that elevates your daily routine with a double vanity, walk-in closet, soaking tub, and separate shower. Featuring coveted Red Mountain Views, the 2nd bedroom is split from the rest. The 3rd bedroom (or office) is complete with wood plank flooring, double doors, rich carpentry, offers plenty of storage and a versatile canvas adaptable to your preferences. A spacious laundry area, and two-car garage complete this well-appointed residence. Residence B continues the narrative of excellence, where stunning epoxy flooring graces opulence with minimal upkeep. Bathed in abundant natural light that touches nearly every corner, this space is a testament to the art of harmonizing form and function. The updated kitchen, boasting epoxy countertops, stainless steel appliances, and captivating cabinetry, creates a haven for culinary delights. From the kitchen sink, a breathtaking view enhances every kitchen endeavor, adding an enchanting touch to your daily routines. An open living room layout, anchored by a comforting fireplace, vaulted ceilings, and updated designer light fixtures, elegantly paves the way for relaxation or entertainment. The master bedroom, a tranquil haven with views that beckon, leads to an impeccably updated ensuite where functionality intertwines seamlessly with refinement. The separate shower room, complemented by an oversized vanity and ample space, curates an indulgent retreat. The 2nd bedroom perpetuates the theme of expansive living with wood plank flooring. Venturing outdoors, both residences offer a sprawling Sonoran paradise with 4 private covered patios, sparkling pool with that beckons for a refreshing dip, and lush low maintenance landscaping and an incredible 21ft/175+ year old saguaro cactus. The custom pool ranges from 3ft to 7ft and has plenty of seating, Jandy heating system, water chiller sprayer cooling system, LED Multi color/function lighting system, convenient cool decking, and is accompanied by a built-in heated spa. The breathtaking mountain views serve as an ever-present reminder of the Sonoran splendors that surround. In this captivating duplex, luxury, functionality, and refinement seamlessly merge. Whether relishing in modern upgrades or embracing the original character, this property offers limitless possibilities for a lifestyle of excellence. Notable features of this home include extensive amount of stucco retaining walls, a newer roof (approximately 5 years), low taxes, and much more!

16426 E Monaco Drive, Fountain Hills

$695,000

6580507 MLS

Great investment opportunity in beautiful Fountain Hills. The property has panoramic mountain views and also views ofthe iconic Fountain. Fresh interior paint just completed in one unit. Property is ready for new tenants or use as a Next Gen home. The possibilities are endless!

16436 E Desert Sage Drive, Fountain Hills

$1,499,000

6554384 MLS

Saguaro Hills is a rare and unique 4-unit property located in theheart of Fountain Hills. All four units are roughly 1,776 SF in size,featuring 3 bedrooms, 2 and a half bathrooms, 2 fireplaces (one ofwhich is in the master bedroom), a private balcony, private patio,2-car garage, and individual laundry hookups. Along with the trash,the units are individually metered for electricity and water and paidfor by the tenant while the landlord is responsible for sewer andlandscaping.The property is well-maintained and three of the unitshave been upgraded. Units 101 and 104 have been more extensivelyrenovated than unit 102, and unit 103 has some new flooring, and ingood overall condition. An investor could add value through interior renovations / updates to units 102 and 103, as well as raising rents on all units. Constructed in 1985, with high quality finishes at the time, these units feel more like four individual houses or townhomes than a typical fourplex. Saguaro Hills is located near downtown Fountain Hills, enjoys beautiful mountain views, and is in close proximity to Fountain Park & Desert Canyon Golf Course. Given its location, and the fact that many out-of-state visitors flock to Fountain Hills, an owner could potentially operate some or all of the units as vacation rentals or live in one of the units and manage the property themselves from on-site. In addition, the property is located on the side of a city-owned wash, providing residents with even more privacy. The property has many excellent attributes, and with very few existing 4-unit properties in the Fountain Hills submarket, Saguaro Hills is a very attractive and rare opportunity for an investor.

11244 N Saguaro Boulevard, Fountain Hills

$830,000

6492982 MLS

Investment Opportunity: 6.02% Cap Rate. Single Level Duplex in desirable FH location. Both units updated 2021. Each 2 bed/2 bath unit has it's own 2-car garage and a spacious & private backyard. Both units have large kitchens, new appliances, separate dining areas, in-unit laundry closets, vaulted ceilings. The L-shape corner building gives a single family feel to duplex living.

17148 E Salida Drive Unit #1&2, Fountain Hills

$580,000

6444122 MLS

Hard to find Fountain Hills duplex. Cash/quick close investors preferred. Stabilzed rental income and operating around a 6 CAP +/-. This Duplex has 2,325 total SF +/-. Sits on a large 0.27 acre lot. Unit A-2BR/2BA-Rent $2,200-1425 SF+/-; Unit B-1BR/1BA-Rent $1,400-900 SF+/-. Tenant leases run until early 2023. Value-Add Opportunity. Newer roof. HVAC units are older. Nice curb appeal. All separately metered (including water). Low maintenance, low overhead. Tenants pay all utilities except sewer. Nice views. Newer fenced yards. Laundry.Dishwashers. Covered patios. Substantial storage. 2 bed unit has a garage & fireplace. Showings in escrow only. Sold as-is, where-is. Buyer to complete/rely on own due diligence. Actual rents, expenses approximate.

12247 N Fountain Hills Boulevard, Fountain Hills

$660,000

6425347 MLS

REMODELED DUPLEX FOR UNDER $700K, IN FOUNTAIN HILLS?? Yes!! This will not last long! Both units are remodeled with brand new kitchens, granite counters, flooring, Stainless Steel appliances, and new paint! This one is ready for a long term rental, AIRBNB, or to own one side and rent the other! Each unit has a HUGE backyard ready to finish as you want. Hard to find these types of deals in Fountain Hills, or anywhere in the Valley. Don't wait or this one will be gone!

13816 N Cameo Drive, Fountain Hills

$650,000

6374224 MLS

** Investors ** Property consists of 2 units. Both are very well kept and nicely updated. Both units have a split 2 bedroom floorplan, each with their own full bath and walk in closet. Large living rooms with fireplace, well appointed kitchens. Tile throughout the home. 2 car garage for each side all on an oversized lot over 10,000 sq ft.

14008 N Kendall Drive, Fountain Hills

$850,000

6369224 MLS

Rare Investment Property Duplex. Each unit has a fireplace, vaulted ceiling, backyard (private, on a wash) with views of Four Peaks, covered patio, in-unit laundry, and two car garages with extra wide drive ways for easy access and additional parking. Unit A has 3 bedrooms and features wood beam ceiling detail in the Living Room. The backyard has a sparkling in ground pool. Unit B has 2 bedrooms, in an open floor plan. Two sets of sliding glass doors give access to the back patio from the Living Room and the Primary Bedroom. Freshly painted outside on a quiet street in a beautiful area. No HOA. Tenants pay all utilities except sewer, landscaping, and pool maintenance for Unit A.

12213 N Chama Drive, Fountain Hills

$642,000

6330651 MLS

Charming light, bright & open duplex with 2 bedrooms, 2 baths on each side. Kitchen with breakfast bar and open to great room. Nice size Masters and second bedrooms. Both sides are same square footage and floor plans. 2 Car Garages. New roofs and recently painted inside and out.

14245 N Fountain Hills Boulevard Unit #1&2, Fountain Hills

$570,000

6324997 MLS

Great investment opportunity in Fountain Hills! Unit B 3 bedrooms 2 bathrooms , Unit A 2 bedrooms 2 bathrooms. Both units have a 1 car garage. 1120 SF units in this great cul de sac location. Large backyard with open space and views.

14209 N Hawthorn Court Unit #A&B, Fountain Hills

$1,100,000

6301872 MLS

Attractive 1997 built Four-Unit Building being sold together as one 4-plex. Each unit is generous in size, 2BR & 2BA plus each has a One Car Garage. Lower level units have a fenced in yard and beyond is additional unimproved property. Units have been legally condo'd into 4 individual units and each have County Assessor PIN#'s. Carpet & Tile flooring with laminate countertops. All units are occupied and leased - Do not disturb tenants.

16637 E Almont Drive Unit #1-4, Fountain Hills

$1,124,000

6301889 MLS

Four-Unit condo'd building being sold together as one 4-plex. Each unit is townhome style 2-story 3BR's upstairs & 2.5BA. Carpet & Tile flooring with laminate countertops. All 4 units have a fenced in yard and beyond and below is the Ashbrook Wash offering views and privacy. Units have been legally condo'd into 4 individual units and each have County Assessor PIN#'s. All units are occupied and leased - Do not disturb tenants.

16728 E Westby Drive Unit #101-104, Fountain Hills

$625,000

6295204 MLS

Single Level Duplex in desirable FH location. Both units partially remodeled 2021. Each 2 bed / 2 bath unit has it's own 2-car garage and a spacious shared backyard. Unit 1 boasts an Arizona Room perfect for entertaining or sitting out and enjoying the day. Both units have large kitchens, separate dining areas, in-unit laundry closets, vaulted ceilings in the Living Rooms and the L-shape corner building gives a single family feel to duplex living.

17148 E Salida Drive Unit #1&2, Fountain Hills

$720,000

6292164 MLS

Excellent duplex located in the heart of Foutain Hills, located less than a mile from Fountain Hills park and Downtown. Each unit is an exact mirror of each other and are exactly the same size and floorplan. 1662 Sqft plus an Arizona room make these 3 bed 2 bath units great for anyone. Recent updates to the home include new exterior paint, new lights & fans. Both units have Satillo tile in the main living areas and Unit 2 has vinyl wood in bedrooms, Unit 1 has brand new carpet in bedrooms. 3 car detached garage and large concrete driveway allows for plenty of parking. Both units are individually metered on power & water which means tenants pay all their own utilities except sewer & landscaping. Minimal operating costs make this a great investment property.

14263 N Fountain Hills Boulevard, Fountain Hills

$538,776

6289455 MLS

Beautiful duplex in Fountain Hills! Unit 1 is a 3 bed, 2 bath and Unit 2 is a 2 bed, 2 bath. Both units have 1 car garage plus an extended driveway and separate patio areas. Inside, the units offer great roomy floor plans with spacious bedrooms, gorgeous baths, ceiling fans, ceramic tile flooring and each with a fully equipped kitchen boasting a breakfast bar and track lighting. This property is located in a fantastic area of single-family homes close to Fountain Park, shops, and restaurants. Awesome opportunity to live in one unit and rent the other! Come take a look before it is too late!

16534 E Arroyo Vista Drive, Fountain Hills

$582,000

6270488 MLS

Amazing corner lot Duplex offers multiple opportunities. Purchase as investment property & rent out both units. Live in one unit & rent out the other or perfect for multi-generational living. Primary unit boasts 3 bedroom, 2 bathrooms. Living room wows w/mountain views & a cozy fireplace. Master bedroom w/walk-in closet. Kitchen has ample cabinet space w/granite counter tops. Second unit has 2 bedrooms & 1 full bathroom. Access your backyard oasis through your kitchen or Master bedroom french doors. Both bedrooms offer walk in closets great for added storage. Enjoy mountain views from your living room. Kitchen w/granite countertops & all black appliances. Rents have ranged from $1400 to $1800. Minutes from museum, shopping, restaurants & more! This is a fantastic opportunity!

16453 E Segundo Drive, Fountain Hills

$635,000

6262276 MLS

This beautiful and low maintenance Sonoran duplex is located right in Fountain Hills! Both units are 2 bedroom with 2 ensuite bathrooms! Granite countertops in the kitchen! Warm tile throughout the unit with cozy fireplaces in the family room. Private back patios with a spacious and desert landscape backyard! Enclosed washer/dryer off the back patio for each unit as well as storage units for both! 2 covered parking spots for each unit! Currently occupied way under market value with tenants that are month-to-month leases. Tenants pay electric, water, trash, and cableTV/internet. Owner pays for sewer and landscaping only! Very well kept duplex with plenty of upside potential!

14415 N Sherwood Drive Unit #1 & 2, Fountain Hills

$680,000

6257855 MLS

A ''Fabulous Duplex'' in ''Fabulous FT. HILLS'', a ''one of a kind'', beautiful, scenic community. Units are both 3 bed/2 bath, Unit 1, 1 car garage, Unit 2, 2 car garage. Total sq ft of 2 units 3106!!! Owner has done a lot of improvements! New Roof 2015 (20 year Warranty)***New A/C Units 2020 and 2021***New Hot Water Heater 2018***New Carpet Unit 2 in 2021***New Carpet Unit 1 in 2018***Yearly Renewable Termite Warranty. A great opportunity to own great cash flow investment or a great home for ''shared family living'' or live in one side and lease the other side. Owner converted pool to large patio deck, for outdoor enjoyment almost year round in southern AZ!! Close to shopping, dining and not far from Fountain Park and impressive fountain, once the tallest in the world. Call now!

14252 N Edgeworth Drive, Fountain Hills

$1,885,000

6239476 MLS

Fabulous 5 unit Turn-Key Investment property! Sold as package deal consisting of units 101, 102, 103, 104, & 105. These town house style condos are nestled on a quiet interior street less than 1/2 mile from fountain Park and shops and restaurants! The 2 end units are 2 bed, +den and 2.5 bath. The middle units are 3 bed, 2.5 bath. Each unit has an attached 1 car garage, large kitchen with stainless Steel appliances, new flooring throughout, granite counters in kitchen and baths, private patio and upstairs master bedroom has balcony with mountain views. No HOA.

13616 N Hamilton Drive Unit #101-105, Fountain Hills

$850,000

6232847 MLS

Amazing triplex located in Fountain Hills. The property consists of three units. Unit ''A'' (street level, left side) is 2 BR/2 Bath, 1510 sq ft with private garage. Open floor plan, wet bar, many arched doorways. Stainless built-ins in the kitchen. Large bathroom has double sinks and a large soaking tub. Spacious balcony with beautiful views.Unit ''B'' (street level, right side) is 2 BR/2 Bath, 1206 sq. ft with direct-access attached private 2 car garage. High ceilings, open floor plan, arched doorways, wet bar. White built-ins in kitchen. Spacious balcony with beautiful views.Unit ''C'' (lower level, in back) is a 3 BR/2 Bath, 1776 sq ft, 2 tandem parking spaces. Double sinks in larger bathroom. 280 sq ft living room opens out to covered patio and large walled yard with fire pit.

14047 N Edgeworth Drive Unit #A,B,C, Fountain Hills

$560,000

6223542 MLS

Current rental rates are way under market. Todays these units should rent for $1400-$1500 monthly each side. Terrific investment opportunity. Each unit is 945 sqft two bedroom two bath. with a fully enclosed backyard. Side B is now Vacant and can be shown at any time Side A is the same floor plan minus the fireplace it will be vacant on 6/30/2021. You can continue to rent with ease or split them and sell them as separate units.

16462 E Ashbrook Drive, Fountain Hills

$679,000

6198412 MLS

Fantastic 2 story Duplex 3600 sq. ft. offering 8 bedrooms, 6 baths w/ front & back patios, high ceilings in great rooms, 2-2 car garages, skylights, fireplaces & Mountain Views! Plus room to build. Unit 1 has month to month tenants & is original w/ a spiral staircase to the 4th bedroom/bath from garage. Unit 2 is redone & features new interior paint, new carpet, new updated door hardware & lighting. New updated bathrooms w/new toilets, faucets, & new HVAC. Stainless steel appliances in kitchen stay along w/washer dryer too! Entire roof has been regularly maintained/repaired,& just resurfaced. 7 year old HVAC on unit 1. Duplex has new exterior paint, & some new windows. Duplex is separately metered on both sides. Great for multi-generational living or can be condo-miniumized! Due to demand there will be an Open House for both units on Saturday February 27th from 11 AM to 2 PM. Most furniture and art available for sale under separate bill of sale. Tenants run a business out of their home so showings on unit 1 has changed to drive by only and may be seen after accepted offer. Offers will be reviewed Sunday.

16509 E Arroyo Vista Drive, Fountain Hills

$470,250

6180034 MLS

This scenic fountain hills duplex is spacious and inviting. Both units are 2 bed, 2 bath with vaulted ceilings in the living rooms. Unit A is currently rented & completely remodeled with an open concept and large kitchen island with durable and beautiful faux wood, vinyl tile floors. Unit B can be rented at market rent, as is but has room for added value with a remodel. Unit B has large tile throughout the kitchen, living area and hallway with carpeted rear bedrooms. Both units have large, individually fenced yards with manicured desert landscaping with minimal maintenance needed. Since the home is only a few minutes walk to Fountain Park, you can see the fountain in the distance from the backyards and easily walk to shopping and restaurants.

14237 N Ibsen Drive, Fountain Hills

$1,100,000

6152876 MLS

Fabulous 4 units Turn-Key Investment property! Sold as package deal consisting of units A, B, C, D. These spacious style condos are nestled on a quiet interior street near shopping and dining! All four units have the same floor plan 4 bed, 2 bath 2184 sq ft, Each unit has 1 car garage, large kitchen with stainless Steel appliances, granite counters in kitchen, breakfast bar, dinning/great room, large laundry room with tons of storage, private patio of great room with access from primary suite featuring, bathroom has dual sinks and separate walk-in shower & Jacuzzi tub. Units B,C,D have fireplace & washer/dryer. HOA is not funded or active. No HOA fees. PLEASE DO NOT DISTURB TENANTS! Buyer to verify all facts and figures

16729 E Westby Drive Unit #A, Fountain Hills

$504,000

6149188 MLS

Fantastic opportunity to own a duplex in Fountain Hills. Great opportunity for a cash flow income. Views of Four Peaks, Mazatzal Mountains and the world famous fountain. Duplexes are hard to come by.Duplex A is a 2 bedroom plus den, open kitchen and great room with a fireplace. Plus a two car garage. Duplex B is a two bedroomwith open kitchen to greatroom. Plus a one car garage.Huge backyard with mountain views and a pool.

16426 E Monaco Drive, Fountain Hills

$1,075,000

6101338 MLS

Saguaro Hills is a rare and unique 4-unit property located in the heart ofFountain Hills. All four units are roughly 1,776 SF in size, featuring 3 bedrooms,2 1/2 bathrooms, 2 fireplaces (one of which is in the master bedroom), a privatebalcony, private patio, 2-car garage, and individual laundry hookups (laundry intwo of the units are seller-owned and convey with the property). The units areindividually metered for electricity and water and are paid for by the tenants.The landlord is responsible for sewer, trash, and landscaping. The property isvery well-maintained but an investor could add value through interiorrenovations/updates, as well as rent increases. In addition, an owner couldimplement a utility reimbursement system to potentially cover all utilityexpenses. Constructed in 1985, with high quality finishes at the time, these units feel more like four individual houses or townhomes than a typical fourplex. Saguaro Hills is located right near downtown Fountain Hills, enjoys beautiful mountain views, and is in close proximity to Fountain Park & Desert Canyon Golf Course. Given its location, and the fact that many out-of-state visitors flock to Fountain Hills, an owner could potentially operate some or all of the units as vacation rentals or live in one of the units and manage the property themselves from on-site. In addition, the property is located on the side of a city-owned wash, providing residents with even more privacy. The property has many excellent attributes, and with very few existing 4-unit properties in the Fountain Hills submarket, Saguaro Hills is a very attractive and rare opportunity for an investor.

11244 N Saguaro Boulevard, Fountain Hills

$490,000

6055361 MLS

BACK ON MARKET! Take a look at this wonderful investment opportunity in Fountain Hills! A duplex with a roomy 3 bedroom home on one side and a 2 bedroom home on the other. Great income potential, live in one side and rent out the other. Unit A has 3 bedrooms, 3 baths, a loft and 2 balconies with mountain views and a 2 car garage. Unit B has 2 bedrooms, 2 baths and a garage. Spacious backyard, private patios and plenty of room throughout. Close to restaurants, shopping, hiking trails and the world famous fountain. Welcome home!

16927 E Sabinas Drive, Fountain Hills

$535,000

6046228 MLS

Rare opportunity! Beautiful duplex in Fountain Hills. 3/2, 2G on B side. 2/2, 1.5CP (3 sided) on A side. Both sides have built-in BBQ and storage sheds. A unit is occupied by owner and will lease back. Beautiful pool. Paved patio. Fully leased investment! 5.76 Cap! Make your appointment today! Won't last long!Photos are of the 2/2 ''B'' unit.

14048 N Cameo Drive, Fountain Hills

$1,160,000

5998665 MLS

Fabulous 5 units Turn-Key Investment property! Sold as package deal consisting of units 101, 102, 103, 104, & 105. These town house style condos are nestled on a quiet interior street less than 1/2 mile from fountain Park and shops and restaurants! 2 end units are 2 bed, +den and 2.5 bath, middle units are 3 bed, 2.5 bath. Each unit has 1 car garage, large kitchen with stainless Steel appliances, upgraded 42'' maple cabinets, granite counters in kitchen and baths, breakfast bar, dinning/great room, laundry room, private patio and upstairs master bedroom has balcony with mountain views, master bathroom has dual sinks and separate tub and shower. All HOA documents complete but HOA is not funded or active. No HOA fees. PLEASE DO NOT DISTURB TENANTS! Buyer to verify all facts and figures.

13616 N Hamilton Drive Unit #101-105, Fountain Hills

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Fountain Hills Multi-Family Real Estate