Courtesy of West USA Realty
Property Description
Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This fourplex must be sold with the adjacent triplex (MLS #7039047), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.
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
- Built-In Electric Oven
- Microwave
- Washer/Dryer
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Bathrooms
- 5 total bathrooms
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Bedrooms
- 7 total bedrooms
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Building
- Built in 1971
- 2 buildings
- Construction Materials: Painted, Block
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Community
- No Pool
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Cooling
- Ceiling Fan(s)
- Electric
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Disclosures
- None
- Seller Prop Disc Stm
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Expenses
- Gardener: $250
- Insurance: $1,227
- Maintenance: $4,800
- Operating: $15,552
- Water/Sewer: $4,285
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Exterior Features
- Sidewalk(s)
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Floors
- Carpet
- Vinyl
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Heating
- Electric
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Income
- Gross Income: $64,105
- Gross ScheduledIncome: $59,820
- Net Operating Income: $41,424
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Listing
- Listing ID: 7039046
- Standard Status: Active
- MLS Status: Active
- On market as of 2026-06-16
- 94 days on market
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Location
- Subdivision: ALTRO TERRACE
- County/Parish: Maricopa
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Lot
- Dimensions: Irr
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 4 covered spaces
- 6 open parking spaces
- 10 total parking spaces
- Paved
- Add’l Parking Avail
- 1 Space/Unit
- On Street
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Roof
- Composition
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Schools
- Elementary School: Alma Elementary School
- Elementary School District: Alhambra Elementary District
- Middle School: Alhambra Traditional School
- High School: Alhambra 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: 154-04-015
- Public Survey Range: 2E
- Public Survey Section: 24
- Annual Amount: $1,990
- Tax Book Number: 154.00
- Legal Description: LOT 15 ALTRO TERRACE MCR 005235
- Lot: 15
- Year: 2025
- Zoning: [R-3] Multiple
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Utilities
- Water Source: City Franchise
- SRP
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This content last updated on September 5, 2026 7:01PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.