822 E CAROL Avenue, Phoenix, AZ 85020 (MLS# 6952059)

Supplements: This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, ... (Read more) This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses.Key Property HighlightsBrand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense.Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membranedramatically reducing ongoing grounds maintenance.Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand.Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stabilityideal for long-term investors.One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgradesperfect for achieving market rent quickly.All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs.Significant Rental Upside, as existing rents are below current market levels for the area.Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities.Why This Fourplex Performs Well as an InvestmentThis asset checks all the boxes for a low-maintenance, high-demand rental investment:Turnkey exterior improvements already completedIndividual outdoor spaces that support stronger rent premiumsA refreshed vacant unit ready for lease or owner-occupancyProven long-term construction typeStrong local renter demand driven by proximity to transit corridors and employment East Sunnyslope - Phoenix, ArizonaArea Overview for Investors & Buyers**East Sunnyslope is one of Phoenix's most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base.Proximity to SR-51 (Highway 51)East Sunnyslope benefits from immediate access to SR-51, one of Phoenix's primary north-south freeways. This corridor significantly reduces commute times to:Downtown Phoenix (approx. 10 minutes)Biltmore Financial DistrictPhoenix Children's Hospital & Medical ClusterSky Harbor International AirportScottsdale employment corridorsThis connectivity is a major reason residents and investors choose the area.Major Employers Near East SunnyslopeWhile Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents:HealthcareHonorHealth John C. Lincoln Medical Center A major medical employer and long-standing anchor of the Sunnyslope community.Phoenix Children's Hospital (PCH) - approx. 10 minutesAbrazo Health / Arizona Heart Hospital - via SR-51 accessMayo Clinic Hospital - approx. 15-20 minutes north via SR-51Healthcare continues to be one of Phoenix's strongest and fastest-growing employment sectors.Government & EducationCity of Phoenix administrative and service departmentsArizona Department of Economic SecurityNearby public, charter, and private schools creating local employment stabilityCorporate & Office EmploymentEasy SR-51 access puts residents within minutes of:Camelback Corridor financial districtCentral Avenue business coreMidtown office towers and professional services firmsParks, Recreation & LifestyleEast Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include:North Mountain ParkA major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits.Sunnyslope ParkA community-focused park with open green space, sports courts, and family amenities serving local residents.Arizona Canal Multi-Use PathA long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems.Dreamy Draw Recreation Area (via SR-51)A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve.Why East Sunnyslope Appeals to Renters & InvestorsUrban convenience with mountain viewsFast access to major highwaysClose to hospitals, employment centers, and office corridorsAffordable compared to nearby North Central and Biltmore neighborhoodsStrong demand from healthcare workers, young professionals, and long-term tenantsMixed housing stock with value-add opportunities