MLS# 7016981 – 6249 N Litchfield Road, Litchfield Park, AZ 85340

Price: $695,000
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 1957
Neighborhood: Luke Field Homes 159-198 225-244
Days on Website: 38

Courtesy of My Home Group Real Estate

Property Description

6-Unit Portfolio Opportunity (4-Plex + Duplex) Tesla Corridor Luke AFB Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley’s fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43,200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ‘ opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 × 4 units = $3,600/month * Annual = $43,200 Scenario 1 – Moderate Increase ($1,050/unit): * $1,050 × 4 = $4,200/month * Annual = $50,400 * + $7,200/year increase Scenario 2 – Market Alignment ($1,200/unit): * $1,200 × 4 = $4,800/month * Annual = $57,600 * + $14,400/year increase

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Property Details and Features

  • Appliances & Equipment
  • "Free-Standing Range"
  • Building
  • Built in 1957
  • Construction materials: "Wood Frame", "Painted", "Block"
  • 4 total units
  • Cooling
  • "Ceiling Fan(s)"
  • "Window/Wall Unit"
  • Expenses
  • Water sewer: $1,200
  • Floors
  • "Tile"
  • Heating
  • "Forced Air"
  • "Window/Wall Unit(s)"
  • "Electric"
  • Listing
  • Listing ID: 7016981
  • Standard status: Active
  • 39 days on market
  • Location
  • Subdivision name: LUKE FIELD HOMES 159-198 225-244
  • Parking
  • "Off Street"
  • "RV Access/Parking"
  • "Free"
  • "1 Space/Unit"
  • "<1 Space Per Unit"
  • "On Street"
  • "Boat"
  • 8 total parkings
  • Property
  • Zoning: [M-H]
  • Roof
  • "Composition"
  • "Rolled/Hot Mop"
  • Schools
  • Elementary school: Dreaming Summit Elementary
  • High school: Canyon View High School
  • High school district: Agua Fria Union High School District
  • Sewer
  • "Septic in & Cnctd"
  • "Septic Tank"
  • Taxes
  • Annual amount: $1,142
  • Lot: 211
  • Utilities
  • "APS"

Property Map

$695,000 - 6249 N Litchfield Road, Litchfield Park, AZ 85340

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This content last updated on May 29, 2026 4:28PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.