Courtesy of My Home Group Real Estate
Property Description
Check out this cash flowing low maintenance fourplex even at today’s rates. Complex is located near mostly residential homes near elementary school and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 2 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 unit partially upgraded unit with Quartz countertops, and shaker cabinets. 2 units have new A/C units & water heaters that have been replaced in the last 3 years. 1 A/C unit has a new motor. All of the units have ceiling fans throughout. Recently painted exterior. Units are individual metered for electricity. Units fully occupied, but 1 unit comes up for renewal in July if you want to occupy one or rehab for higher rent. Owner/ Agen
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Free-Standing Range
- Refrigerator
- Free-Standing Electric Oven
- Microwave
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Bathrooms
- 4 total bathrooms
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Bedrooms
- 8 total bedrooms
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Building
- Built in 1984
- 1 building
- Construction Materials: Cement Siding, Block
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Community
- No Pool
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Cooling
- Central Air
- Ceiling Fan(s)
- Electric
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Disclosures
- None
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Expenses
- Gardener: $1,440
- Insurance: $1,263
- Maintenance: $4,200
- Operating: $16,463
- Water/Sewer: $4,200
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Exterior Features
- Sidewalk(s)
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Floors
- Tile
- Laminate
- Vinyl
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Heating
- Hot Water
- Central
- Electric
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Income
- Gross Income: $427,140
- Gross ScheduledIncome: $59,820
- Net Operating Income: $39,675
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Listing
- Listing ID: 7032228
- Standard Status: Active
- MLS Status: Active
- On market as of 2026-05-23
- 105 days on market
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Location
- Subdivision: EL RETIRO BLK 1 2
- County/Parish: Maricopa
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Lot
- Dimensions: Fourplex Units
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
-
Parking
- 6 open parking spaces
- 6 total parking spaces
- >1 Space Per Unit
-
Roof
- Composition
-
Schools
- Elementary School: J B Sutton Elementary School
- Elementary School District: Isaac Elementary District
- High School: Carl Hayden High School
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
-
Taxes
- Additional parcels description:
- Parcel Number: 109-14-044-B
- Public Survey Range: 2E
- Public Survey Section: 2
- Annual Amount: $1,173
- Tax Book Number: 109.00
- Legal Description: EL RETIRO MCR 32-9 LOT 12 BLK 4 W 83.035F TH/OF EX S 10F & EX PT BOUNDED ON W BY W LN OF SD LOT & 0
- Lot: 12
- Parcel Letter: B
- Year: 2025
- Zoning: R3
-
Utilities
- Water Source: City Franchise
- APS
- City Electric
- Individual Meter
Property Map
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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.