About The Property

Huge opportunity to own a 4-plex investment property in a prime location! Situated in the rapidly growing and highly desirable central Phoenix area near the Downtown, Midtown, and Encanto Corridors, this is an exceptional opportunity for long-term wealth creation and strong rental demand. With no HOA fees, operating costs stay lower and returns stronger. The property features four well-maintained units, each offering 974 sq ft with 2 bedrooms and 2 bathrooms. One unit has been recently remodeled, with another currently undergoing renovations. Two units are currently leased below market rents, while two units are vacant during the remodel process, creating immediate upside potential. Strong value-add opportunity with projected rents of $1,450-$1,700 per month based onRead MoreRead Less
Courtesy of Howe Realty 602-909-6513
Listing Snapshot
Days Online
104
Last Updated
Property Type
Multiple Dwellings
Year Built
1983
MLS Number
7020709
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
Building
Built in 1983, Construction materials: Wood Frame, Stucco, 4 total units
Cooling
Central Air, Electric, Individual
Floors
Ceramic Tile
Heating
Individual, Central, Electric
Parking
Paved, Carport, 4 total parkings
Property
Zoning: R-4
Roof
Built-Up
Sewer
Sewer-In & Connected, Public Sewer
Taxes
Annual amount: $3,188, Lot: 1
Utilities
APS, Underground, Individual Meter
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30 Days Snapshot Of 85014
$536k
-14%
(avg) sold price
11
-62%
homes sold
106
+9%
(avg) days on market
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Monthly Payment
$0

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