Courtesy of Kristopher Realty
Property Description
Fantastic Investment Opportunity! This well-maintained Multi-Family Property features three separate buildings, each with two spacious units — totaling six 2 bed / 2 bath units, each approximately 1,200 sq ft. Great rental history and upside potential! Exterior of all buildings was freshly painted in June 2023, and interiors have been updated with new paint as well. The property includes four newer A/C units, with the remaining two approximately 10 years old. The roof was replaced 5 years ago with high-quality 40-year shingles, offering peace of mind for years to come. Tenants and guests will appreciate the ample parking area, designed to comfortably accommodate residents and visitors alike. Sale includes two parcels: APN #121-76-050-B APN #121-76-050-C Both lots have separate dimensions per plat records and are being sold together. Don’t miss out on this exceptional income-producing property with strong fundamentals and recent upgrades!
Open House
Property Details and Features
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Property Access
- Road Surface: Concrete, Asphalt
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Appliances & Equipment
- Free-Standing Range
- Disposal
- Refrigerator
- Microwave
- W/D Hookup
- Other equipment: TV Antenna, Satellite Dish
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Bathrooms
- 12 total bathrooms
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Bedrooms
- 12 total bedrooms
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Building
- Built in 1983
- 3 buildings
- Construction Materials: Wood Frame, Painted, Stucco
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Community
- No Pool
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Cooling
- Electric
- 2 or More Units
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Disclosures
- Seller Prop Disc Stm
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Expenses
- Insurance: $4,153
- Operating: $13,229
- Trash: $2,400
- Water/Sewer: $4,800
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Exterior Features
- Sidewalk(s)
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Floors
- Ceramic Tile
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Heating
- 2 or More Units
- Electric
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Income
- Gross Income: $109,800
- Gross ScheduledIncome: $109,800
- Net Operating Income: $96,571
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Listing
- Listing ID: 6936056
- Standard Status: Active
- MLS Status: Active
- 319 days on market
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Location
- Subdivision: DEL REY LOTS 101-140
- County/Parish: Maricopa
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Lot
- Dimensions: 124×133
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 15 open parking spaces
- 15 total parking spaces
- Add’l Parking Avail
- >1 Space Per Unit
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Roof
- Composition
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Schools
- Elementary School: The Creighton Academy
- Elementary School District: Creighton Elementary District
- Middle School: Gateway School
- High School: Camelback High School
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 121-76-050-C
- Public Survey Range: 3E
- Public Survey Section: 2
- Annual Amount: $1,876
- Tax Book Number: 121.00
- Legal Description: DEL REY MCR 14/5 LOT 119 E2 EX N 39F & EX E 25F RD & EX 12F RAD CUR D/P 84 122916
- Lot: 119
- Parcel Letter: C
- Year: 2025
- Zoning: Multi-Family
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Utilities
- Water Source: City Franchise
- APS
- City Electric
- Individual Meter
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This content last updated on September 5, 2026 8:33AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.