Active

1123 E Sierra Vista Drive, Phoenix, AZ 85014, Phoenix AZ 85014

$3,200,000
38 bed · Built 1957

Sierra Vistas Apartments is a 24-unit community offering a rare value-add opportunity in one of North Central Phoenix's most desirable and supply-constrained rental markets. Built in 1957, the two-story, garden-style community consists of (2) studios, (8) 1-bed/1-bath units, and (14) large 2-bed/2-bath units. Residents enjoy an on-site pool, a landscaped courtyard, community laundry, & covered parking. The property offers substantial upside through interior, exterior, & system renovations, giving a new owner the opportunity to unlock meaningful rental growth in a neighborhood with consistently

1123 E Sierra Vista Drive, Phoenix, AZ 850141123 E Sierra Vista Drive, Phoenix, AZ 850141123 E Sierra Vista Drive, Phoenix, AZ 850141123 E Sierra Vista Drive, Phoenix, AZ 850141123 E Sierra Vista Drive, Phoenix, AZ 850141123 E Sierra Vista Drive, Phoenix, AZ 85014

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Phoenix

This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 736 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 25 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$268Cohort median $/sqft
736Comparable active listings
25 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $417,250, and the median is $274 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
6530 N 12TH Street 10, Phoenix, AZ 85014 Jul 17, 2026 2 bd · 1,120 sqft $220,000 0.0 mi
6547 N VILLA MANANA Drive, Phoenix, AZ 85014 Apr 30, 2026 3 bd · 1,852 sqft $539,000 0.1 mi
6559 N VILLA MANANA Drive, Phoenix, AZ 85014 Aug 26, 2026 3 bd · 1,912 sqft $510,000 0.1 mi
6512 N 12TH Way, Phoenix, AZ 85014 Jun 23, 2026 2 bd · 1,561 sqft $359,500 0.1 mi
1140 E TUCKEY Lane, Phoenix, AZ 85014 Aug 3, 2026 3 bd · 2,457 sqft $990,000 0.1 mi
1017 E MARYLAND Avenue 108, Phoenix, AZ 85014 Jun 15, 2026 2 bd · 1,225 sqft $338,000 0.1 mi
1017 E Maryland Avenue 103, Phoenix, AZ 85014 Oct 20, 2026 2 bd · 1,008 sqft $290,000 0.2 mi
6502 N La Paloma Este, Phoenix, AZ 85014 Jun 26, 2026 2 bd · 1,751 sqft $475,000 0.2 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $3,200,000 · Active

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Similar active homes in Phoenix

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