About The Property

Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features: (2) 1-Bed / 1-Bath Units (1) 3-Bed / 2-Bath Unit (2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value. Perfect for buy-and-hold investors looking to improve and stabilizeRead MoreRead Less
Courtesy of eXp Realty 888-897-7821
Listing Snapshot
Days Online
188
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6874180
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Building
Built in 1960, Construction materials: "Painted", "Block", 4 total units
Cooling
"Electric"
Floors
"Ceramic Tile", "Vinyl"
Heating
"Electric"
Parking
"Carport", 7 total parkings
Property
Zoning: Multi
Roof
"Built-Up"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,381, Lot: 14
Utilities
"APS"
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30 Days Snapshot Of 85006
$467k
-9%
(avg) sold price
8
-46%
homes sold
126
+21%
(avg) days on market
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Monthly Payment
$0

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