3520 W DUNLAP Avenue 109, Phoenix, AZ 85051

$800,000

Property Type: Multiple Dwellings Status: Active

Current Price: $800,000 Last Modified: 5/30/2026

Overview

Description

Total 6 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1100 to 1400 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

Listing Details MLS# 7035349

Location, Tax & Legal

House Number: 3520
Compass: W
Street Name: DUNLAP
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85051
Zip4: 5314
Country: US
County Code: Maricopa
Subdivision: DUNLAP CONDOMINUMS
Assessor Number: 149-39-475
Tax Year: 2025
Unit #: 109
Assessor's Map #: 39
Legal Description (Abbrev): LOT 109 DUNLAP CONDOMINUMS MCR 055446
Assessor's Parcel #: 475
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 104206
Taxes: 2742
Legal: LOT 109 DUNLAP CONDOMINUMS MCR 055446
Marketing Name: Dunlap Condominiums

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 700sqft
Year Built: 1974
Uncvrd Parking Spcs: 4
Total # of Units: 6
# of Buildings: 6
Zoning: residential
Flood Zone: No
High School District: Glendale Union High School District
High School: Cortez High School

Remarks Misc

Cross Street: 35th Ave and Dunlap
Directions: Behind the car wash

Legal Info

Township: 3N
Range: 2E
Section: 27
Lot Number: 109

Income Expenses

Gross Annual Sch Inc: 86400
Net Operating Income: 67056

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

2 Bedroom Units

# 2 Bedroom Units: 6
Avg Rent: 1250
Avg SqFt: 1108
# Baths: 12

Contact Info

List Agent Home Phn: 480-248-4617

Project Type

51 - 99 Units: Yes

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Foam: Yes

Floors

Vinyl: Yes
Ceramic Tile: Yes

Sale Includes

Laundry Equipment: Yes

Income & Expenses

Annual Elec Exp: 1000
Annual Gas Exp: 0
Annual Ins Exp: 4000
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 5000
Annual Mgmt Exp: 7200
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 21600
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 41542
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 83808
Total Monthly Rental Income: 0

Pmt & Rate Info

Cap Rate: 8.38
Equity: 800000
Down Payment %: 30
Monthly Payments: 3000
Total Owed: 0

Payment Includes

Interest: Yes

Lockbox Type

Combo: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Electric: Yes

Exterior Amenities

Desert Landscaping: Yes

Interior Features

Fire/Smoke Alarm(s): Yes
Vertical Blinds: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Dishwasher: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
1 Space/Unit: Yes
Add'l Parking Avail: Yes

Electric

SRP: Yes

Gas

SW Gas: Yes

Owner Pays

None: Yes

New Financing

Conventional: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Private: Yes

Existing 1st Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 51 - 99 Units Construction: Block; Wood Frame Const - Finish: Stucco Roofing: Foam Floors: Vinyl; Ceramic Tile Sale Includes: Laundry Equipment Payment Includes: Interest Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Fire/Smoke Alarm(s); Vertical Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Electricity Source of Fincl Data: Projected Proforma Special: Owner/Agent Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Combo Existing 1st Loan: Private Existing 1st Loan Type: Not Applicable New Financing: Conventional; 1031 Exchange Environmental: None

Listing Office: Dr Win Realty LLC

Last Updated: May - 30 - 2026