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For sale
  • $3,690,000

    306 E Kinderman Dr, Avondale, AZ 85323

    23beds
    13baths
    8,637sqft
    : 
    Multi Family
    Built in 1969
    -- sqft lot
    $-- Zestimate®
    $427/sqft
    $-- HOA

    What's special

    Dishwashers in every unit
    Step into a premier multifamily investment in the fast-growing city of Avondale, Arizona. This 13-unit complex has undergone nearly $1,000,000 in renovations, offering a rare blend of stability, modern upgrades, and location-driven upside. 📍 Property Highlights: 13 Total Units: Fully occupied with strong in-place income Major Capital Improvements: Nearly $1M in renovations including interiors, exteriors, systems, and finishes Dishwashers in Every Unit: A standout amenity that enhances rental appeal Stabilized and Turnkey: Minimal deferred maintenance with all units leased Strategic West Valley Location: Minutes from I-10, top employers, shopping, and entertainment High Rental Demand: Avondale continues to experience rapid population and economic growth Investor-Friendly Market: Surrounded by infrastructure projects and booming development Buyer to Verify All Facts and Figures During Due Diligence Avondale, Arizona, is a rapidly expanding city in the Phoenix metropolitan area, offering strategic advantages for businesses and residents alike. =Population Growth & Demographics Avondale's population reached 96,196 in 2025, reflecting a 7.4% increase since 2020 and an annual growth rate of 1.4%. Projections estimate the population will grow to approximately 97,555 by the end of 2027This growth is fueled by the city's family-friendly environment, with 27.4% of residents under 18 years of age. =Transportation & Freeway Access Avondale boasts excellent connectivity through major transportation route: - Interstate 10 (I-10) This major east-west corridor runs through Avondale, linking it to downtown Phoenix and other key areas - Loop 101 (Agua Fria Freeway) Intersecting with I-10 near Avondale, it provides access to northern Phoenix - State Route 30 (Tres Rios Freeway)** A planned freeway aimed at alleviating I-10 congestion, with construction of the central segment expected to begin soon Recent infrastructure improvements, such as the Fairway Drive interchange, have enhanced local traffic flow and accessibility â Major Employers & Economic Landscape Avondale's economy is diverse, with key sectors including: - Education & Health Services: Employing 19.9% of the workforce, with institutions like Estrella Mountain Community College playing a significant role. - Retail Trade: Accounting for 13.9% of employment, supported by various local and national retailers. - Professional & Administrative Services: Comprising 10.9% of jobs, reflecting a growing business services. Notable employers include the City of Avondale, Stotz Equipment, and Starbucks.  Business & Lifestyle Advantages Avondale offers a pro-business environment with benefits such as: - Strategic Location: Proximity to major freeways facilitates commerce and commuting. - Skilled Workforce: Access to a growing labor pool within the Greater Phoenix area. - Quality of Life: A family-oriented community with amenities and services that support a high standard of living. These factors make Avondale an attractive destination for businesses and families seeking growth opportunities in the Southwest.
    19 days
    on Zillow
    |
    324
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 05, 2025 at 03:32pm

    Listed by:

    Linda S Gerchick 602-688-9279,

    Gerchick Real Estate

    Source: ARMLS,MLS#: 6852900MLS Logo

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    We’ll find a local expert to take you on a private tour of 306 E Kinderman Dr.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 23
    • Bathrooms: 13
    Heating
    • Individual, Heat Pump
    Cooling
    • Ceiling Fan(s), Heat Pump, Individual
    Appliances
    • Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave
    • Laundry: W/D Hookup
    Features
    • Flooring: Ceramic Tile, Vinyl
    Interior area
    • Total structure area: 8,637
    • Total interior livable area: 8,637 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 24
    • Parking features: Paved, Free, >1 Space Per Unit
    • Uncovered spaces: 24
    Details
    • Parcel number: 50017161
    • Zoning: R-3,R-4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco, Stone, Block
    • Roof: Composition
    Condition
    • Year built: 1969

    Utilities & green energy

    • Electric: APS, Individual Meter
    • Sewer: Sewer-In & Connected, Public Sewer
    • Water: Master Meter, City Franchise
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: See Remarks, No Pool
    Location
    • Region: Avondale

    Financial & listing details

    • Price per square foot: $427/sqft
    • Tax assessed value: $508,500
    • Annual tax amount: $2,642
    • Date on market: 4/17/2025
    • Listing terms: No Carry,Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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