Real Estate Investment Properties for Sale in Fountain Hills, AZ

Looking for investment property in Fountain Hills, AZ with high ROI ?

Explore a variety of short-term homes & houses in Fountain Hills, AZ. Invest wisely with VRBO & Fountain Hills, AZ Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Fountain Hills, AZ

Search for Townhouse for Sale in Fountain Hills, Arizona. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 47 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
15834 E SUNFLOWER Drive #2 Fountain Hills, AZ Welcome to your private retreat in the heart of Fountain Hills! This updated 2-bedroom, 1....	2 beds \| 3 baths \| 1,498 sq.ft.	$389,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.27% Airbnb Rental Income: $1696 Traditional Rental Income: $2422 Airbnb ROI: 0.99% Traditional ROI: 4.27%
13022 N MOUNTAINSIDE Drive #B Fountain Hills, AZ Discover the charm of Fountain Hills a tranquil City known for its outdoor activities, inc...	2 beds \| 2 baths \| 1,722 sq.ft.	$477,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.06% Airbnb Rental Income: $1696 Traditional Rental Income: $2580 Airbnb ROI: 1.03% Traditional ROI: 4.06%
16247 E LINKS Drive Fountain Hills, AZ Imagine waking up to breathtaking views of the lush 11th fairway with verdant greens frame...	3 beds \| 3 baths \| 2,173 sq.ft.	$765,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 2.27% Airbnb Rental Income: $3069 Traditional Rental Income: $3081 Airbnb ROI: 1.27% Traditional ROI: 2.27%
16819 E GUNSIGHT Drive #A6 Fountain Hills, AZ Charming 1-bedroom, 1-bath townhome in the heart of Fountain Hills! This updated 576 Sq. f...	1 beds \| 1 baths \| 576 sq.ft.	$234,900	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.02% Airbnb Rental Income: $1487 Traditional Rental Income: $1308 Airbnb ROI: 1.86% Traditional ROI: 3.02%
16540 E EL LAGO Boulevard unit: 45 #45 Fountain Hills, AZ Resort-like condo in GATED community. Large patio faces the community POOL and heated SPA....	2 beds \| 2 baths \| 1,916 sq.ft.	$695,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.2% Airbnb Rental Income: $1696 Traditional Rental Income: $3447 Airbnb ROI: -0.23% Traditional ROI: 3.2%
11011 N ZEPHYR Drive #101 Fountain Hills, AZ First-Floor Furnished Resort-Style Condo - Move-In Ready! Beautifully maintained, furnish...	2 beds \| 2 baths \| 1,460 sq.ft.	$469,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 2.98% Airbnb Rental Income: $1696 Traditional Rental Income: $2373 Airbnb ROI: 0.37% Traditional ROI: 2.98%
12852 N MOUNTAINSIDE Drive #2 Fountain Hills, AZ Modern Comfort Meets Fountain Hills Charm Welcome to your peaceful retreat in the heart o...	3 beds \| 3 baths \| 1,937 sq.ft.	$524,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 5.03% Airbnb Rental Income: $3069 Traditional Rental Income: $3351 Airbnb ROI: 3.03% Traditional ROI: 5.03%
13818 N SAGUARO Boulevard #201 Fountain Hills, AZ Looking for a winter home? Looking for an investments property? Or maybe just a nice perm...	2 beds \| 2 baths \| 1,032 sq.ft.	$339,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.35% Airbnb Rental Income: $1696 Traditional Rental Income: $2113 Airbnb ROI: 1.56% Traditional ROI: 4.35%
12040 N SAGUARO Boulevard #104 Fountain Hills, AZ Fantastic new price on this hard to find 1700+ sq ft one level condo. No steps at all. Ver...	2 beds \| 2 baths \| 1,717 sq.ft.	$419,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.24% Airbnb Rental Income: $1696 Traditional Rental Income: $2544 Airbnb ROI: 0.88% Traditional ROI: 4.24%
16255 E RIDGELINE Drive Fountain Hills, AZ Offering panoramic views of the Red Mountain, dramatic sunsets and Firerock Country Club's...	3 beds \| 2 baths \| 1,977 sq.ft.	$759,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 1.85% Airbnb Rental Income: $3069 Traditional Rental Income: $2717 Airbnb ROI: 1.36% Traditional ROI: 1.85%
14850 E GRANDVIEW Drive #204 Fountain Hills, AZ Welcome to this beautifully maintained 3-bedroom, 3-bathroom townhouse located in a secure...	3 beds \| 3 baths \| 2,618 sq.ft.	$799,999	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.99% Airbnb Rental Income: $3069 Traditional Rental Income: $3712 Airbnb ROI: 1.19% Traditional ROI: 2.99%
15949 E RIDGESTONE Drive Fountain Hills, AZ Once a model, always a model!! All Ensuite 4 bed 4.5 bath with two great rooms and 2 pati...	4 beds \| 6 baths \| 3,475 sq.ft.	$2,200,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.76% Airbnb Rental Income: $3292 Traditional Rental Income: $6451 Airbnb ROI: -0.15% Traditional ROI: 1.76%
15040 E SCARLET SKY Lane unit: 4 #4 Fountain Hills, AZ Fabulous townhouse located in the desirable guard gated community Golf Club of Eagle Mount...	3 beds \| 2 baths \| 2,439 sq.ft.	$715,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.4% Airbnb Rental Income: $3069 Traditional Rental Income: $3707 Airbnb ROI: 1.4% Traditional ROI: 3.4%
16450 E Ave Of The Fountains -- #23 Fountain Hills, AZ Motivated Seller! Discover the perfect blend of thoughtful design and functionality in thi...	3 beds \| 3 baths \| 1,635 sq.ft.	$495,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 3.09% Airbnb Rental Income: $3069 Traditional Rental Income: $2467 Airbnb ROI: 2.87% Traditional ROI: 3.09%
17025 E LA MONTANA Drive unit: 123 #123 Fountain Hills, AZ Stunning upgraded townhome in prime Fountain Hills location! This meticulously upgraded 3-...	3 beds \| 2 baths \| 2,074 sq.ft.	$669,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.07% Airbnb Rental Income: $3069 Traditional Rental Income: $2714 Airbnb ROI: 1.52% Traditional ROI: 2.07%
16835 E MIRAGE CROSSING Court E unit: A #A Fountain Hills, AZ Rare 3-bedroom, 2-bath home nestled in the desirable Mirage Crossing community of Fountain...	3 beds \| 2 baths \| 1,571 sq.ft.	$530,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 3.74% Airbnb Rental Income: $3069 Traditional Rental Income: $2559 Airbnb ROI: 3.36% Traditional ROI: 3.74%
14850 E GRANDVIEW Drive #239 Fountain Hills, AZ Enjoy sweeping mountain scenery by day and a dazzling display of city lights by night. The...	3 beds \| 2 baths \| 2,059 sq.ft.	$750,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 1.46% Airbnb Rental Income: $3069 Traditional Rental Income: $2500 Airbnb ROI: 1.27% Traditional ROI: 1.46%
16616 E PALISADES Boulevard #102 Fountain Hills, AZ Move-in ready! Home boasts new kitchen appliances (fridge, stove, dishwasher, microwave),...	4 beds \| 4 baths \| 2,000 sq.ft.	$515,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.01% Airbnb Rental Income: $3292 Traditional Rental Income: $2937 Airbnb ROI: 3.21% Traditional ROI: 4.01%
15834 E Sunflower Drive #1 Fountain Hills, AZ Rare 3-bedroom, 3-bathroom condo with a den and attached garage in Fountain Hills offers s...	3 beds \| 3 baths \| 1,984 sq.ft.	$499,750	Airbnb cash on cash: 2.9% Traditional cash on cash: 4.46% Airbnb Rental Income: $3069 Traditional Rental Income: $3096 Airbnb ROI: 2.9% Traditional ROI: 4.46%
13700 N FOUNTAIN HILLS Boulevard #365 Fountain Hills, AZ Rare Find, This 3 Bedroom, 2 Bath has a direct access Double Car Garage and Driveway for 2...	3 beds \| 2 baths \| 1,412 sq.ft.	$389,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 3.95% Airbnb Rental Income: $3069 Traditional Rental Income: $2424 Airbnb ROI: 3.8% Traditional ROI: 3.95%
16525 E AVENUE OF THE FOUNTAINS Avenue #201 Fountain Hills, AZ Exceptional Views in a Gated Community! NO RENTAL RESTRICTIONS This FURNISHED stunnin...	3 beds \| 2 baths \| 1,942 sq.ft.	$510,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 3.15% Airbnb Rental Income: $3069 Traditional Rental Income: $2602 Airbnb ROI: 2.66% Traditional ROI: 3.15%
16219 E RIDGELINE Drive Fountain Hills, AZ Luxurious, Fully undated, Tri-Level Golf Villa in Prestigious Balera at Firerock. Experien...	3 beds \| 2 baths \| 2,736 sq.ft.	$725,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 2.33% Airbnb Rental Income: $3069 Traditional Rental Income: $3012 Airbnb ROI: 1.38% Traditional ROI: 2.33%
16336 E PALISADES Boulevard #4 Fountain Hills, AZ THIS COMMUNITY IS LOCATED JUST ACROSS PALISADES FROM SAFEWAY. EASY ACCESS AND CIRCULAR D...	2 beds \| 2 baths \| 1,073 sq.ft.	$300,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.89% Airbnb Rental Income: $1696 Traditional Rental Income: $2105 Airbnb ROI: 1.78% Traditional ROI: 4.89%
12642 N MOUNTAINSIDE Drive #B Fountain Hills, AZ Indulge in the Fountain Hills Lifestyle! This stunning townhouse offers breathtaking vi...	2 beds \| 3 baths \| 2,152 sq.ft.	$515,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.97% Airbnb Rental Income: $1696 Traditional Rental Income: $3074 Airbnb ROI: 1.12% Traditional ROI: 4.97%
13600 N FOUNTAIN HILLS Boulevard #501 Fountain Hills, AZ Check out this beautiful 2-bed, 2-bath townhome in La Strada! Perfect lock and leave if th...	2 beds \| 2 baths \| 1,430 sq.ft.	$475,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.19% Airbnb Rental Income: $1696 Traditional Rental Income: $2446 Airbnb ROI: 0.44% Traditional ROI: 3.19%
9750 N MONTEREY Drive #19 Fountain Hills, AZ Welcome to Monterra Ranch! This beautiful two-level townhome features two spacious primar...	2 beds \| 3 baths \| 1,551 sq.ft.	$375,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.33% Airbnb Rental Income: $1696 Traditional Rental Income: $2403 Airbnb ROI: 0.99% Traditional ROI: 4.33%
16753 E WESTBY Drive #203 Fountain Hills, AZ Views with an incredible balcony upstairs and large patio downstairs within walking distan...	2 beds \| 4 baths \| 1,335 sq.ft.	$429,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.44% Airbnb Rental Income: $1696 Traditional Rental Income: $2250 Airbnb ROI: 0.89% Traditional ROI: 3.44%
16450 E AVENUE OF THE FOUNTAIN -- #8 Fountain Hills, AZ Excellent new price on this single level home with a 2 car garage. Perfect full time or wi...	3 beds \| 2 baths \| 1,603 sq.ft.	$449,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 4.01% Airbnb Rental Income: $3069 Traditional Rental Income: $2639 Airbnb ROI: 3.36% Traditional ROI: 4.01%
16510 E PALISADES Boulevard #21 Fountain Hills, AZ Enjoy breathtaking mountain views from the private balcony of your spacious primary bedroo...	2 beds \| 2 baths \| 1,105 sq.ft.	$289,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.61% Airbnb Rental Income: $1696 Traditional Rental Income: $2019 Airbnb ROI: 1.7% Traditional ROI: 4.61%
16510 E PALISADES Boulevard unit: 29 #29 Fountain Hills, AZ Seller is offering $5K concessions for buyers closing costs! Enjoy unobstructed panoramic ...	2 beds \| 2 baths \| 1,073 sq.ft.	$268,900	Airbnb cash on cash: 1.89% Traditional cash on cash: 4.96% Airbnb Rental Income: $1696 Traditional Rental Income: $2002 Airbnb ROI: 1.89% Traditional ROI: 4.96%
14046 N EDGEWORTH Drive B Fountain Hills, AZ Family-friendly 2-story home in Fountain Hills with no HOA and only one other semi-attache...	3 beds \| 3 baths \| 1,712 sq.ft.	$469,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 4.08% Airbnb Rental Income: $3069 Traditional Rental Income: $2611 Airbnb ROI: 3.53% Traditional ROI: 4.08%
16631 E EL LAGO Boulevard #214 Fountain Hills, AZ Promo: offering 1% off current market rates for conventional home loans/refinances . (Does...	2 beds \| 2 baths \| 1,085 sq.ft.	$329,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 3.9% Airbnb Rental Income: $1696 Traditional Rental Income: $2064 Airbnb ROI: 1.19% Traditional ROI: 3.9%
16227 E LINKS Drive Fountain Hills, AZ UNICORN ALERT! Come fall in love with this one! Tucked in the quiet middle of this gated c...	2 beds \| 4 baths \| 2,736 sq.ft.	$750,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.34% Airbnb Rental Income: $1696 Traditional Rental Income: $3195 Airbnb ROI: -0.47% Traditional ROI: 2.34%
13700 N FOUNTAIN HILLS Boulevard #164 Fountain Hills, AZ Modern Comfort Meets Desert Views at Four Peaks Vista! Welcome to this inviting 2-bedro...	2 beds \| 2 baths \| 1,207 sq.ft.	$364,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.96% Airbnb Rental Income: $1696 Traditional Rental Income: $2245 Airbnb ROI: 0.98% Traditional ROI: 3.96%
16117 E RIDGESTONE Drive Fountain Hills, AZ Experience effortless luxury living in this single-level home located within the prestigio...	3 beds \| 5 baths \| 2,121 sq.ft.	$1,395,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.08% Airbnb Rental Income: $3069 Traditional Rental Income: $4656 Airbnb ROI: 0.31% Traditional ROI: 2.08%
14520 E Buckboard Court Fountain Hills, AZ A rare opportunity to enjoy majestic Mountain views inside and out! Modern luxury single l...	2 beds \| 2 baths \| 2,742 sq.ft.	$1,635,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.92% Airbnb Rental Income: $1696 Traditional Rental Income: $3723 Airbnb ROI: -0.72% Traditional ROI: 0.92%
16945 E EL LAGO Boulevard #106 Fountain Hills, AZ Fully remodeled and perfectly located, this 3-bedroom, 2.5-bath townhome in the gated Foun...	3 beds \| 4 baths \| 2,036 sq.ft.	$649,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 2.79% Airbnb Rental Income: $3069 Traditional Rental Income: $3150 Airbnb ROI: 1.5% Traditional ROI: 2.79%
14256 N Boxwood Lane unit: 158B #158B Fountain Hills, AZ $10,000 to BUYER for closing cost or down payment.Fountain & Mountains-no one above no one...	2 beds \| 2 baths \| 1,000 sq.ft.	$259,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.16% Airbnb Rental Income: $1696 Traditional Rental Income: $1960 Airbnb ROI: 2.16% Traditional ROI: 5.16%
16450 E AVENUE OF THE FOUNTAIN -- #32 Fountain Hills, AZ Immaculate Townhome in the Heart of Fountain Hills! Pride of ownership shines throughout ...	3 beds \| 4 baths \| 1,504 sq.ft.	$489,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.32% Airbnb Rental Income: $3069 Traditional Rental Income: $2986 Airbnb ROI: 2.97% Traditional ROI: 4.32%
17014 E CALLE DEL ORO -- #C Fountain Hills, AZ Cozy & Convenient in Fountain Hills! Welcome to your ideal Fountain Hills retreat! This c...	2 beds \| 1 baths \| 1,000 sq.ft.	$220,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.84% Airbnb Rental Income: $1696 Traditional Rental Income: $1844 Airbnb ROI: 2.86% Traditional ROI: 5.84%

Your search for investment property begins and ends here

Townhouses for Sale in Fountain Hills, AZ

15834 E SUNFLOWER Drive #2

Fountain Hills, AZ

2 beds | 3 baths | 1,498 sq.ft.

$389,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 4.27%

Airbnb Rental Income: $1696

Traditional Rental Income: $2422

Airbnb ROI: 0.99%

Traditional ROI: 4.27%

13022 N MOUNTAINSIDE Drive #B

Fountain Hills, AZ

2 beds | 2 baths | 1,722 sq.ft.

$477,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $1696

Traditional Rental Income: $2580

Airbnb ROI: 1.03%

Traditional ROI: 4.06%

16247 E LINKS Drive

Fountain Hills, AZ

3 beds | 3 baths | 2,173 sq.ft.

$765,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $3069

Traditional Rental Income: $3081

Airbnb ROI: 1.27%

Traditional ROI: 2.27%

16819 E GUNSIGHT Drive #A6

Fountain Hills, AZ

1 beds | 1 baths | 576 sq.ft.

$234,900

Airbnb cash on cash: 1.86%

Traditional cash on cash: 3.02%

Airbnb Rental Income: $1487

Traditional Rental Income: $1308

Airbnb ROI: 1.86%

Traditional ROI: 3.02%

16540 E EL LAGO Boulevard unit: 45 #45

Fountain Hills, AZ

2 beds | 2 baths | 1,916 sq.ft.

$695,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $1696

Traditional Rental Income: $3447

Airbnb ROI: -0.23%

Traditional ROI: 3.2%

11011 N ZEPHYR Drive #101

Fountain Hills, AZ

2 beds | 2 baths | 1,460 sq.ft.

$469,900

Airbnb cash on cash: 0.37%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1696

Traditional Rental Income: $2373

Airbnb ROI: 0.37%

Traditional ROI: 2.98%

12852 N MOUNTAINSIDE Drive #2

Fountain Hills, AZ

3 beds | 3 baths | 1,937 sq.ft.

$524,900

Airbnb cash on cash: 3.03%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $3069

Traditional Rental Income: $3351

Airbnb ROI: 3.03%

Traditional ROI: 5.03%

13818 N SAGUARO Boulevard #201

Fountain Hills, AZ

2 beds | 2 baths | 1,032 sq.ft.

$339,900

Airbnb cash on cash: 1.56%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1696

Traditional Rental Income: $2113

Airbnb ROI: 1.56%