Courtesy of Keller Williams Realty Phoenix
Property Description
Rare 2004 4-plex consisting of 3 bed 2 bath units. Room for rent increases. Very little competition for 3 bed family sized units in the area. In unit laundry, covered parking for tenants. These apartments command high rents for the area as well as high quality long term tenants. WATER, SEWER, TRASH, LANDSCAPING & COMMON AREA MAINT & ELECTRIC PAID BY HOA!! Active HOA which has been completing value add exterior projects in the community. All exterior maintenance handled by HOA, very low maintenance costs for owner. DRIVE BY ONLY! DO NOT DISTURB TENANTS!
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Free-Standing Range
- Dishwasher
- Refrigerator
- Washer/Dryer
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Bathrooms
- 8 total bathrooms
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Bedrooms
- 12 total bedrooms
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Building
- Built in 2004
- 1 building
- Construction Materials: Wood Frame, Painted, Stucco
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Community
- Play Area
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Cooling
- Heat Pump
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Disclosures
- None
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Expenses
- Insurance: $1,698
- Maintenance: $3,865
- Operating: $26,353
- Other Expense: $500
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Floors
- Carpet
- Vinyl
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Heating
- Heat Pump
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Income
- Gross Income: $78,080.5
- Gross ScheduledIncome: $81,385
- Net Operating Income: $51,727.5
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Listing
- Listing ID: 7034315
- Standard Status: Active
- MLS Status: Active
- On market as of 2026-05-29
- 100 days on market
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Location
- Subdivision: PARADISE ON 25TH CONDOMINIUMS FINAL PLAT
- County/Parish: Maricopa
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Lot
- Dimensions: 3714
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Parking
- 4 covered spaces
- 6 open parking spaces
- 10 total parking spaces
- Detached Carport
- Add’l Parking Avail
- >1 Space Per Unit
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Roof
- Tile
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Schools
- Elementary School: Palomino Primary School
- Elementary School District: Paradise Valley Unified District
- Middle School: Greenway Middle School
- High School: Paradise Valley High School
- High School District: Paradise Valley Unified 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: 214-40-380
- Public Survey Range: 3E
- Public Survey Section: 2
- Annual Amount: $970
- Tax Book Number: 214.00
- Legal Description: LOT 7 PARADISE ON 25TH CONDOMINIUMS FINAL PLAT MCR 064727
- Lot: 7
- Year: 2025
- Zoning: R-3
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Utilities
- Water Source: Master Meter
- APS
- Individual Meter
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This content last updated on September 5, 2026 4:21PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.