Courtesy of eXp Realty
Property Description
Words can’t fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Free-Standing Range
- Disposal
- Dishwasher
- Refrigerator
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Bathrooms
- 4 total bathrooms
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Bedrooms
- 8 total bedrooms
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Building
- Built in 1985
- 1 building
- Construction Materials: Wood Frame, Stucco
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Community
- No Pool
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Cooling
- Electric
- Heat Pump
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Disclosures
- None
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Expenses
- Electric: $420
- Gardener: $1,200
- Insurance: $1,643
- Operating: $7,865
- Water/Sewer: $2,280
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Exterior Features
- Sidewalk(s)
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Floors
- Ceramic Tile
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Heating
- Heat Pump
- Electric
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Income
- Gross Income: $45,600
- Gross ScheduledIncome: $48,000
- Net Operating Income: $39,096
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Listing
- Listing ID: 7056928
- Standard Status: Active
- MLS Status: Active
- 46 days on market
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Location
- Subdivision: GERARDO PARK LOTS 11-39
- County/Parish: Maricopa
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Lot
- Dimensions: IRR
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Owner Pays
- Electricity
- Trash Collection
- Water
- Sewer
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Parking
- 10 open parking spaces
- 10 total parking spaces
- Paved
- Free
- >1 Space Per Unit
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Roof
- Composition
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Schools
- Elementary School District: Alhambra Elementary District
- High School District: Phoenix Union High School District
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Security Features
- Security Light(s)
- Fire Sprinklers
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 110-04-021
- Public Survey Range: 2E
- Public Survey Section: 25
- Annual Amount: $2,322
- Tax Book Number: 110.00
- Legal Description: LOT 31 GERARDO PARK LOTS 11-39 MCR 004023
- Lot: 31
- Year: 2025
- Zoning: Multi
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Utilities
- Water Source: City Franchise
- SRP
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This content last updated on September 5, 2026 5:18PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.