Courtesy of HomeSmart
Property Description
Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ’s or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
-
Appliances & Equipment
- Disposal
- Refrigerator
- Built-In Electric Oven
- Microwave
-
Bathrooms
- 4 total bathrooms
-
Bedrooms
- 8 total bedrooms
-
Building
- Built in 1984
- 2 buildings
- Construction Materials: Painted, Stucco, Block
-
Community
- No Pool
-
Cooling
- Ceiling Fan(s)
- Heat Pump
-
Disclosures
- Seller Prop Disc Stm
-
Expenses
- Insurance: $2,617
- Operating: $11,218
- Water/Sewer: $6,600
-
Exterior Features
- Sidewalk(s)
-
Floors
- Tile
- Laminate
- Carpet
-
Heating
- Electric
-
Income
- Gross Income: $47,100
- Gross ScheduledIncome: $47,100
-
Listing
- Listing ID: 7034632
- Standard Status: Active
- MLS Status: Active
- 99 days on market
-
Location
- Subdivision: GERARDO PARK LOTS 1-10
- County/Parish: Maricopa
-
Lot
- Dimensions: 11,424
-
Owner Pays
- Trash Collection
- Water
- Sewer
-
Parking
- 8 open parking spaces
- 8 total parking spaces
- >1 Space Per Unit
- 1 Space/Unit
- On Street
-
Roof
- Composition
-
Schools
- Elementary School: Westwood Elementary School
- Elementary School District: Alhambra Elementary District
- Middle School: Choice Learning Academy
- High School: Central High School
- High School District: Phoenix Union High School District
-
Sewer
- Public Sewer
-
Taxes
- Additional parcels description:
- Parcel Number: 110-04-026
- Public Survey Range: 2E
- Public Survey Section: 25
- Annual Amount: $2,001
- Tax Book Number: 110.00
- Legal Description: LOT 36 GERARDO PARK LOTS 1-10 MCR 004023
- Lot: 36
- Year: 2025
- Zoning: R-3
-
Utilities
- Water Source: City Franchise
- SRP
Property Map
Street View
Market Trends for 85015, Phoenix, AZ
Nearby Schools
Request More Information
Schedule a Showing
Similar Properties Nearby
This content last updated on September 6, 2026 12:09AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.