14048 N CAMEO Drive, Fountain Hills, AZ 85268
$830,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$830,000
List Date:
12/09/2025
Last Modified:
12/22/2025
Description
Fountain Hills fully rented duplex featuring a private pool and two spacious units—a 3BR/2BA and a 2BR/1.5BA. This well-maintained property offers strong rental income, desirable layouts, and excellent tenant stability. Located in a quiet, scenic neighborhood with easy access to local amenities, this duplex stands out with its larger floorplan and hard-to-find pool amenity. Perfect for investors seeking reliable cash flow or an owner-occupant looking to offset housing costs.
More Information MLS# 6955425
Contract Info
Ownership: Fee Simple
Current Price: $830,000
List Price: $830,000
Status: Active
List Date: 2025-12-08
Location, Tax & Legal
Assessor's Map #: 1
Legal Description (Abbrev): LOT 25 BLOCK 2 FOUNTAIN HILLS AZ FINAL PLAT NO 104 MCR 013932
Assessor's Parcel #: 54
Add'l Parcels: No
Tax Municipality: Fountain Hills
Census Tract: 216818
Taxes: 1437
Legal: 176-01-054
Marketing Name: Cameo Duplex
House Number: 14048
Compass: N
Street Name: CAMEO
St Suffix: Drive
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 2055
County Code: Maricopa
Subdivision: FOUNTAIN HILLS AZ FINAL PLAT NO 104
Assessor Number: 176-01-054
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 10,171
Total # of Units: 2
Elementary School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Elementary School: Fountain Hills Middle School
Jr. High School: Fountain Hills Middle School
High School: Fountain Hills High School
Year Built: 1975
Zoning: R2
Legal Info
Range: 6E
Section: 10
Township: 3N
Block: 2
Lot Number: 25
Project Type
Duplex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Tile: 1
Foam: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1420
Annual Land Lse Exp: 0
Annual Landscape Exp: 1800
Annual Legal & Acctg: 0
Annual Maint Exp: 500
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 792
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 1379
Operating Exp: 7328
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 43450
Pmt & Rate Info
Cap Rate: 3.63
Equity: 910000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
None: 1
Community Features
Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Cable TV Available: 1
Patio/Balcony: 1
Separate Storage: 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
Private: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Carport: 1
Paved: 1
Garage Door Opener: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Sewer: 1
Pool Maintenance: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1695
Avg SqFt: 1200
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1845
Avg SqFt: 1600
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.61414
Geo Lon: -111.723936
Income Expenses
Gross Annual Sch Inc: 43450
Net Operating Income: 33000
Property Features
Project Type: Duplex
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile; Foam
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: Pool
Exterior Amenities: Cable TV Available; Patio/Balcony; Separate Storage
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Central Air
Water Source: Private
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Garage; Carport; Garage Door Opener; Paved
Road Surface Type: Asphalt
Owner Pays: Pool Maintenance
Tenant Pays: Water; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; FHA; Conventional
Environmental: None
Documents
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Listing Office:
PMI East Valley
Last Updated: December - 22 - 2025
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