338 N 1ST Street, Avondale, AZ 85323 (MLS# 7061053)

338 N 1ST Street, Avondale, AZ 85323

$725,000
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 4 Status: Active
Current Price: $725,000 Last Modified: 7/31/2026

Overview

Description

Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

Listing Details MLS# 7061053

Location, Tax & Legal

House Number
338
Compass
N
Street Name
1ST
St Suffix
Street
City/Town Code
Avondale
State/Province
AZ
Zip Code
85323
Zip4
1913
Country
US
County Code
Maricopa
Assessor Number
500-18-033
Tax Year
2025
Assessor's Map #
18
Legal Description (Abbrev)
PT W2 SE4 BEG NW COR LOT 9 WHYMAN SUB TH N 53.55' TH E 120'TO POB TH N 53.55'TH E 120'TH S 53'TH W 1
Assessor's Parcel #
33
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
61200
Taxes
516.12
Legal
PT W2 SE4 BEG NW COR LOT 9 WHYMAN SUB TH N 53.55' TH E 120'TO POB TH N 53.55'TH E 120'TH S 53'TH W 1
Marketing Name
Central Avondale 4plex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
101 x 60
Year Built
1940
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
R1-6
Elementary School District
Avondale Elementary District
High School District
Agua Fria Union High School District

Remarks Misc

Cross Street
Central Ave and Madden Dr
Directions
TYPE 321 N 1st St. IN GPS

Legal Info

Township
1N
Range
1W
Section
10
Lot Number
-

1 Bedroom Units

# 1 Bedroom Units
4
Avg SqFt
500
# Baths
Yes
Avg Rent
0

More Information

Structure

Bedrooms Total
4
Bathrooms Total
4

Showing Notification Methods

Showing Service
Aligned Showings

Project Type

Four Plex
Yes

Efficiency Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes
Adobe
Yes

Const - Finish

Stucco
Yes

Roofing

Composition
Yes

Floors

Other
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
516.12
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
699999
Down Payment %
20
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes
Barbecue
Yes

Heating

None
Yes

Cooling

None
Yes

Exterior Amenities

Fenced
Yes
Patio/Balcony
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

None
Yes

Appliances Included

None
Yes

Road Surface Type

Gravel
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes
1 Space/Unit
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes

Owner Pays

See Remarks
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Project Type: Four Plex Construction: Wood Frame; Adobe Const - Finish: Stucco Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool; Barbecue Exterior Amenities: Fenced; Patio/Balcony Interior Features: Other (See Remarks) Appliances Included: None Heating: None Cooling: None Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: On Street; 1 Space/Unit Road Surface Type: Gravel Owner Pays: See Remarks Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Other (See Remarks) Environmental: None
IDX
Listing Office: eXp Realty
Last Updated: July - 31 - 2026
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