Courtesy of Valley Views RE
Property Description
Turnkey investment opportunity with ALL units FULLY OCCUPIED! featuring a fully remodeled multi-building INCOME property with modern finishes throughout. Gated entry with remote access, plus ample parking with both covered and uncovered spaces. Well-maintained and ready for continued cash flow. Building One includes three apartments: one 2 bed/2 bath and two 1 bed/1 bath units, all with kitchens and W/D hookups. Buildings Two and Three offer four identical 1 bed/1 bath units with living rooms, kitchens, W/D hookups, and private back patioS! The property also includes two newer mobile homes with primary bedrooms, en-suite baths, and W/D hookups.
Open House
Property Details and Features
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Property Access
- Road Surface: Concrete, Gravel
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Appliances & Equipment
- Refrigerator
- Built-In Electric Oven
- Microwave
- Washer/Dryer
- W/D Hookup
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Bathrooms
- 13 total bathrooms
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Bedrooms
- 13 total bedrooms
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Building
- Built in 1961
- 5 buildings
- Construction Materials: Wood Frame, Painted, Stucco, Block
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Community
- No Pool
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Cooling
- Central Air
- Individual
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Disclosures
- None
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Expenses
- Electric: $14,829.6
- Insurance: $4,980
- Operating: $36,014.5
- Water/Sewer: $8,076
- Other Expense: $1,442.88
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Floors
- Ceramic Tile
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Heating
- Electric
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Income
- Gross Income: $96,607
- Gross ScheduledIncome: $96,607
- Net Operating Income: $133,200
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Listing
- Listing ID: 6972367
- Standard Status: Active
- MLS Status: Active
- 227 days on market
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Location
- Subdivision: NORMAN ACRES
- County/Parish: Maricopa
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Lot
- Dimensions: 13,572
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Owner Pays
- Electricity
- Trash Collection
- Water
- Sewer
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Parking
- 8 covered spaces
- 6 open parking spaces
- 14 total parking spaces
- Free
- Assigned
- >1 Space Per Unit
- Carport
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Roof
- Composition
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Schools
- Elementary School District: Roosevelt Elementary District
- High School: South Mountain High School
- High School District: Phoenix Union High School District
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Security Features
- Security Light(s)
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 113-27-020
- Public Survey Range: 3E
- Public Survey Section: 21
- Annual Amount: $686
- Tax Book Number: 113.00
- Legal Description: NORMAN ACRES LOT 1 BLK 2 S 70′
- Lot: 1
- Year: 2024
- Zoning: R-4
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Utilities
- Water Source: City Franchise
- SRP
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This content last updated on September 5, 2026 11:48AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.