Courtesy of Orion Investment Real Estate
Property Description
This 4-unit property in Phoenix presents a compelling opportunity for the owner-occupant or buy-and-hold investor looking to enter or expand in one of the Valley’s most resilient rental markets. The offering features a desirable unit mix of three 2-bedroom residences and one spacious 3-bedroom unit, ideal for the house hacker looking to offset their mortgage while building long-term equity. The property is move-in ready with meaningful updates already in place, allowing an investor to step in with confidence while still having a clear runway to add value through strategic improvements and rental rate optimization.
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
-
Appliances & Equipment
- Built-In Range
- Disposal
- Dishwasher
- Refrigerator
- Microwave
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Bathrooms
- 5 total bathrooms
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Bedrooms
- 9 total bedrooms
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Building
- Built in 1982
- 1 building
- Construction Materials: Wood Frame, Painted, Stucco
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Community
- No Pool
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Cooling
- Central Air
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Disclosures
- None
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Expenses
- Operating: $3,639
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Floors
- Tile
- Vinyl
-
Heating
- Central
-
Income
- Gross Income: $49,500
- Gross ScheduledIncome: $55,000
- Net Operating Income: $40,000
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Listing
- Listing ID: 7064823
- Standard Status: Active
- MLS Status: Active
- 105 days on market
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Location
- Subdivision: GREENLEY PLACE
- County/Parish: Maricopa
-
Lot
- Dimensions: Normal
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Owner Pays
- Trash Collection
- Water
-
Parking
- 4 covered spaces
- 3 open parking spaces
- 7 total parking spaces
- >1 Space Per Unit
- Carport
-
Roof
- Composition
- Tile
-
Schools
- Elementary School District: Paradise Valley Unified District
- High School District: Paradise Valley Unified District
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Sewer
- Public Sewer
-
Taxes
- Additional parcels description:
- Parcel Number: 214-40-193
- Public Survey Range: 3E
- Public Survey Section: 2
- Annual Amount: $1,479
- Tax Book Number: 214.00
- Legal Description: LOT 2 GREENLEY PLACE MCR 023442
- Lot: 2
- Year: 2025
- Zoning: R-3
-
Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 5, 2026 8:58PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.