Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6998148
Year Built 1981
Annual Tax Amount $1,863
Tax Year 2025
Lot Dimensions IRR
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The property features four spacious units, including three 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit with a private patio, an appealing unit mix that attracts a wide range of tenants. Each residence offers comfortable living space, while the property includes an on-site laundry facility and convenient parking for residents.
Recent improvements provide a strong foundation for ownership, including fresh paint, a newly repaved parking area, and updated windows and patio doors. These upgrades help reduce near-term capital expenses while presenting a clean, refreshed environment ready for new tenants.
Location is a key driver of this investment. The property sits just minutes from the Arizona State Route 51, providing quick connectivity to major employment centers across the Valley, including Downtown Phoenix and Scottsdale. Tenants also benefit from proximity to education, recreation, and everyday conveniences, including Paradise Valley Community College and the nearby green space at Paradise Valley Park.
With strong rental demand throughout North Phoenix and a location that offers both accessibility and neighborhood amenities, this property presents an exceptional opportunity for an investor to stabilize the asset quickly and capture long-term income potential in a well-established rental market. SELLER OPEN TO SELLER FINANCING!!
Location
State AZ
County Maricopa
Area Maricopa
Zoning Multi
Interior
Heating Electric
Cooling Ceiling Fan(s), Electric
Flooring Tile, Laminate
Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
Exterior
Parking Features Paved, >1 Space Per Unit, Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Paradise Valley Unified District
Others
Senior Community No
Tax ID 215-16-063-S
Acceptable Financing Owner May Carry, Conventional, 1031 Exchange
Disclosures Seller Prop Disc Stm
Listing Terms Owner May Carry, Conventional, 1031 Exchange
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Nearby Locations
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Broker/Owner Bridge RE Concierge