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
Open House
Property Details and Features
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Appliances & Equipment
- "Free-Standing Range"
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Building
- Built in 1957
- Construction materials: "Wood Frame", "Painted", "Block"
- 4 total units
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Cooling
- "Ceiling Fan(s)"
- "Window/Wall Unit"
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Expenses
- Water sewer: $1,200
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Floors
- "Tile"
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Heating
- "Forced Air"
- "Window/Wall Unit(s)"
- "Electric"
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Listing
- Listing ID: 7016981
- Standard status: Active
- 40 days on market
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Location
- Subdivision name: LUKE FIELD HOMES 159-198 225-244
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Parking
- "Off Street"
- "RV Access/Parking"
- "Free"
- "1 Space/Unit"
- "<1 Space Per Unit"
- "On Street"
- "Boat"
- 8 total parkings
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Property
- Zoning: [M-H]
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Roof
- "Composition"
- "Rolled/Hot Mop"
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Schools
- Elementary school: Dreaming Summit Elementary
- High school: Canyon View High School
- High school district: Agua Fria Union High School District
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Sewer
- "Septic in & Cnctd"
- "Septic Tank"
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Taxes
- Annual amount: $1,142
- Lot: 211
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Utilities
- "APS"
Property Map
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This content last updated on May 30, 2026 9:29AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.