Courtesy of AZREAPM
Property Description
Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city’s most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don’t miss out on this exceptional property in one of Phoenix’s most sought-after neighborhoods!
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Property Details and Features
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Appliances & Equipment
- “Free-Standing Range”
- “Disposal”
- “Refrigerator”
- “Microwave”
- “Washer/Dryer”
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Building
- Built in 1946
- Construction materials: “Painted”, “Block”, “Brick”
- 4 total units
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Cooling
- “Central Air”
- “Ceiling Fan(s)”
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Expenses
- Electric: $5,841
- Fuel: $1,407
- Insurance: $2,300
- Maintenance: $13,013
- Water sewer: $3,121
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Floors
- “Concrete”
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Heating
- “Central”
- “Electric”
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Listing
- Listing ID: 6810283
- Standard status: Active
- 515 days on market
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Location
- Subdivision name: CAROLYN PLACE
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Parking
- “Paved”
- “Add’l Parking Avail”
- “1 Space/Unit”
- “On Street”
- 6 total parkings
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Property
- Zoning: R-3
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Roof
- “Composition”
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Schools
- Elementary school: Longview Elementary School
- High school: Central High School
- High school district: Phoenix Union High School District
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Security Features
- “Security Alarm(s)”
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Sewer
- “Sewer-In & Connected”
- “Public Sewer”
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Taxes
- Annual amount: $1,491
- Lot: 47
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Utilities
- “APS”
- “Individual Meter”
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This content last updated on June 25, 2026 6:19AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.