This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this… Read More a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner! Read Less
Courtesy of eXp Realty 480-420-4455
Listing Snapshot
Days Online
3
Last Updated
Property Type
Multiple Dwellings
Year Built
1963
MLS Number
6953868
30 Days Snapshot Of 85029
$360k
0%
(avg) sold price
26
-18%
homes sold
97
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Free-Standing Range", "Refrigerator", "Free-Standing Electric Oven", "Microwave", "Washer/Dryer"
Building
Built in 1963, Construction materials: "Painted", "Block", 4 total units
Cooling
"Electric", "Individual"
Expenses
Insurance: $3,705, Water sewer: $2,400
Heating
"Individual", "Heat Pump", "Electric"
Parking
"Assigned", "1 Space/Unit", 4 total parkings
Property
Zoning: Multifamily
Roof
"Built-Up"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,825, Lot: -
Utilities
"APS"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.