Courtesy of AZ Flat Fee
Property Description
Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix’s most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property.
Open House
Property Details and Features
-
Appliances & Equipment
- "Dishwasher"
- "Refrigerator"
- "Built-In Electric Oven"
- "Washer/Dryer"
-
Building
- Built in 2003
- Construction materials: "Wood Frame", "Painted", "Stucco"
- 4 total units
-
Cooling
- "Ceiling Fan(s)"
- "Electric"
-
Expenses
- Electric: $346
- Insurance: $2,001
- Water sewer: $3,336
-
Exterior Features
- "Sidewalk(s)"
-
Floors
- "Tile"
-
Heating
- "Heat Pump"
- "Electric"
-
Listing
- Listing ID: 6951436
- Standard status: Active
- 155 days on market
-
Location
- Subdivision name: MORTEN AVENUE ESTATES
-
Parking
- "Paved"
- "Assigned"
- "<1 Space Per Unit"
- 6 total parkings
-
Property
- Zoning: R-3
-
Roof
- "Composition"
-
Schools
- Elementary school: Orangewood School
- High school: Washington High School
- High school district: Glendale Union High School District
-
Sewer
- "Sewer-In & Connected"
- "Public Sewer"
-
Taxes
- Annual amount: $2,490
- Lot: 3
-
Utilities
- "SRP"
Property Map
Street View
Market Trends for 85021, Phoenix, AZ
Nearby Schools
Request More Information
Schedule a Showing
Similar Properties Nearby
This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.