Courtesy of Bellagio Real Estate
Property Description
Turnkey 8-unit multifamily investment in the heart of the Biltmore area. This gated community features eight large 2-bedroom, 2-bath units with vaulted ceilings, private backyards, in-unit laundry, and exterior storage. Renovated in 2020 with modern finishes including stainless steel appliances, updated cabinetry, vinyl flooring, and contemporary bathrooms. Community amenities include a dog run, picnic area, BBQ space, and desert landscaping. Prime central Phoenix location with convenient access to shopping, dining, employment centers, and major freeways. Strong long-term investment opportunity in a high-demand rental market.
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Built-In Range
- Disposal
- Dishwasher
- Refrigerator
- Microwave
- Washer/Dryer
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Bathrooms
- 16 total bathrooms
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Bedrooms
- 16 total bedrooms
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Building
- Built in 1982
- 2 buildings
- Construction Materials: Wood Frame, Painted, Stucco
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Community
- Barbecue
- No Pool
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Cooling
- Central Air
- Ceiling Fan(s)
- Electric
- Individual
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Disclosures
- Other (See Remarks)
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Expenses
- Operating: $653
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Floors
- Vinyl
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Heating
- Individual
- Central
- Electric
- Ceiling
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Income
- Gross Income: $177,650
- Gross ScheduledIncome: $187,000
- Net Operating Income: $141,536
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Listing
- Listing ID: 7038917
- Standard Status: Active
- MLS Status: Active
- 95 days on market
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Location
- Subdivision: FOX RUN
- County/Parish: Maricopa
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Lot
- Dimensions: 4227 North 17th Street
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 15 open parking spaces
- 15 total parking spaces
- >1 Space Per Unit
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Roof
- Tile
- Foam
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Schools
- Elementary School District: Madison Elementary District
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 163-28-085
- Public Survey Range: 3E
- Public Survey Section: 22
- Annual Amount: $653
- Tax Book Number: 163.00
- Legal Description: LOT 8 FOX RUN MCR 024042
- Lot: 8
- Year: 2025
- Zoning: R-3
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Utilities
- Water Source: City Franchise
- APS
- Individual Meter
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This content last updated on September 5, 2026 5:58AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.