Courtesy of Realty ONE Group
Property Description
Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you’re expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals–the choice is yours.
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt, Dirt
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Appliances & Equipment
- Free-Standing Range
- Disposal
- Dishwasher
- Refrigerator
- Microwave
- Washer/Dryer
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Bathrooms
- 4 total bathrooms
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Bedrooms
- 4 total bedrooms
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Building
- Built in 1969
- 1 building
- Construction Materials: Painted, Block
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Community
- Barbecue
- Exercise Room
- Heated Spa(s)
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Cooling
- Ceiling Fan(s)
- Electric
- 2 or More Units
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Disclosures
- Seller Prop Disc Stm
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Expenses
- Electric: $4,176
- Gardener: $1,560
- Insurance: $3,576
- Maintenance: $4,800
- Operating: $21,405
- Water/Sewer: $2,016
- Other Expense: $4,140
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Floors
- Tile
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Heating
- Electric
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Income
- Gross Income: $56,250
- Gross ScheduledIncome: $75,000
- Net Operating Income: $49,374
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Listing
- Listing ID: 7029061
- Standard Status: Active
- MLS Status: Active
- 113 days on market
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Location
- Subdivision: ELLA LEE
- County/Parish: Maricopa
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Lot
- Dimensions: 7780
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Owner Pays
- Electricity
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 2 covered spaces
- 2 open parking spaces
- 4 total parking spaces
- Detached Garage
- Add’l Parking Avail
- 1 Space/Unit
- Carport
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Roof
- Composition
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Schools
- Elementary School: Brunson-Lee Elementary School
- Elementary School District: Balsz Elementary District
- Middle School: Pat Tillman Middle School
- High School: Camelback 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: 126-07-066
- Public Survey Range: 4E
- Public Survey Section: 31
- Annual Amount: $1,137
- Tax Book Number: 126.00
- Legal Description: LOT 1 ELLA LEE MCR 008247
- Lot: 1
- Year: 2025
- Zoning: R-3
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Utilities
- Water Source: City Franchise
- SRP
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This content last updated on September 6, 2026 1:58AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.