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6240 N 16th Street

Phoenix, AZ 85016

2 beds
2 baths
1,191 sqft
1,036 sqft lot
$184 per sqft
1968 build
– on site

Investor Opportunity! Condo with All Utilities Included + Long-Term Improvements Underway. Solid opportunity for investors seeking a low-maintenance, income-producing property in one of Phoenix's most desirable and centrally located neighborhoods. This 2-bedroom, 2-bath condo offers an open floor plan, brand new dual-pane windows, a new sliding glass door, and tasteful lighting updates in both the dining and living areas. The unit is clean, functional, and move-in ready. The property uses a community central HVAC system, and the in-unit air handler (blower) has been well maintained for efficient airflow and comfort. The HOA covers all utilities — including electricity, water, and sewer — making this a rental with simplified tenant management. Community-wide improvements are currently underway, funded through a special assessment. These enhancements include deck and stairway renovations, electrical upgrades on the east side of the property, and refreshed landscaping all contributing long-term value for owners and tenants alike. Located just 5 minutes from Piestewa Peak Trailhead, 10 minutes to Downtown Phoenix, 10 minutes to ASU Downtown, and 10 minutes to Camelback Mountain. The condo is also surrounded by some of the city's top dining spots along 7th Street, Bethany Home, and Camelback, with quick access to public transportation, major freeways, and key employment centers. Rental potential is key, with strong demand from professionals, students, travel nurses, and outdoor lifestyle renters. This is a great long-term hold opportunity, offering income and future equity from ongoing community improvements. Note: Property list price is reflective of the value of current upgrades, rental income potential, and unbeatable central location. Serious inquiries only.

Listing courtesy of ARMLS / Long Realty Old Town

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# 6818904 —

This home is listed in more than one place. See it here, and here.

The Building

Year Built:

1968
New Construction:

No
Construction Materials:

Synthetic Stucco, Painted, Stucco, Block
Architectural Style:

Contemporary
Builder Name:

Unknown
Roof:

Built-Up
Stories Total:

2
Basement:

false
Basement:

No
Window Features:

Low-Emissivity Windows, Dual Pane
Common Walls:

Two Common Walls, Neighbor Above
Direction Faces:

None
Patio And Porch Features:

Covered Patio(s)

Interior

Interior Features:

Eat-in Kitchen, Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
Furnished:

None
Flooring:

Tile
Fireplaces Total:

None
Fireplace:

false
Fireplace Features:

None
Laundry Features:

See Remarks, None

Room Dimensions

Living Area:

1191.0
Living Area Units:

None
Living Area Source:

Assessor

Financial & Terms

Possession:

Close Of Escrow

Location

Latitude:

33.528556
Longitude:

-112.048278
Cross Street:

16th St and Bethany Home Rd

The Property

Property Type:

Residential
Property Subtype:

Apartment
Possible Use:

None
Parcel Number:

161-09-178
Lot Features:

Dirt Front, Dirt Back
Lot Size Area:

1036.0
Lot Size Acres:

0.02
Lot Size SqFt:

1,036 Sqft
Lot Size Dimensions:

None
Lot Size Units:

Square Feet
Lot Size Source:

Assessor
Land Lease:

false
Fencing:

Block
Horse:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

585.0
Tax Lot:

37
Tax Map Number:

9.00
Tax Book Number:

161.00
Tax Legal Description:

LOT 37 LOS BLANCOS CONDOMINIUMS MCR 000014

Beds

Bedrooms Total:

2

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

None
Half Baths:

None
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air, Ceiling Fan(s)
Cooling:

true
Central Air:

true

Utilities

Sewer:

Public Sewer
Water Source:

City Water

Schools

Elementary School:

Madison Rose Lane School
Elementary School District:

Madison Elementary District
Middle Or Junior School:

Madison #1 Elementary School
High School:

North High School
High School District:

Phoenix Union High School District

The Community

Subdivision Name:

LOS BLANCOS CONDOMINIUMS
Senior Community:

No
Community Features:

Community Pool, Community Laundry
Association:

true
Association Amenities:

Management
Association Fee:

$680.35
Association Fee Frequency:

Monthly
Association Fee Includes:

Electricity, Roof Repair, Insurance, Sewer, Maintenance Grounds, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior
Pool Private:

false
Pool Features:

None
Spa Features:

None
Pets Allowed:

None

Parking

Parking Total:

None
Garage:

No
Carport Spaces:

1.0
Covered Spaces:

1.0
Parking Features:

Assigned
Assigned Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Cox

Provided by BroadbandNow®

Utility Costs

$157/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
3/18/25 Mar 18, 2025	Price Changed	ARMLS	$220,000	-7.9%
2/11/25 Feb 11, 2025	Listed / Active	ARMLS	$239,000	16.6% (5.2% / YR)
12/6/21 Dec 6, 2021		ARMLS	$204,900	9.3% (8.0% / YR)

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This apartment located in Camelback East, Phoenix, AZ 85016 is currently for sale for $220,000. 6240 N 16th Street is a 1,191 square foot apartment with 2 beds and 2 baths that has been on Estately for 52 days. 6240 N 16th Street is in the Camelback East neighborhood of Phoenix and has a WalkScore® of 73, making it very walkable. This apartment is in the attendance area of Madison 1 Middle School, North High School, Phoenix Coding Academy, and Madison Rose Lane School.

Listing Courtesy of: ARMLS and Long Realty Old Town.

This ARMLS logo indicates a property listed by a real estate brokerage other than Estately, Inc. © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Estately assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This property listing is offered without respect to any protected classes in accordance with the law.