Courtesy of Paramount Management & Realty, LLC
Property Description
Exceptional multi-family investment opportunity in a high-demand Phoenix rental corridor! This offering includes two well-maintained 4-plex buildings for a total of 8 income-producing units, each designed for functional living and long-term tenant stability. The property location in near major freeways, employers,, shopping, and schools–ideal for consistent occupancy and strong rental performance. With Phoenix’s continued demand for affordable multi-family housing, this asset provides an excellent opportunity for investors seeking steady cash flow, value-add potential, or portfolio expansion in one of the fastest-growing metro areas in the country. All units are 2 bedroom 2 baths. Good occupancy and good rent income.
Open House
Property Details and Features
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Property Access
- Road Surface: Concrete, Asphalt
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Appliances & Equipment
- Free-Standing Range
- Disposal
- Dishwasher
- Refrigerator
- Built-In Electric Oven
- 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 2005
- 2 buildings
- Construction Materials: Wood Frame, Painted, Stucco
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Community
- Play Area
- No Pool
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Cooling
- Central Air
- Ceiling Fan(s)
- Electric
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Disclosures
- None
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Expenses
- Electric: $1,950
- Gardener: $4,500
- Insurance: $2,440
- Maintenance: $2,900
- Operating: $35,645
- Water/Sewer: $12,700
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Exterior Features
- Sidewalk(s)
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Floors
- Tile
- Vinyl
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Heating
- Heat Pump
- Electric
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Income
- Gross Income: $102,900
- Gross ScheduledIncome: $102,500
- Net Operating Income: $65,160
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Listing
- Listing ID: 7067839
- Standard Status: Active
- MLS Status: Active
- 18 days on market
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Location
- Subdivision: Independence Acres
- County/Parish: Maricopa
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Lot
- Dimensions: 100′ x 200′
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 14 open parking spaces
- 14 total parking spaces
- Free
- 1 Space/Unit
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Roof
- Tile
- Concrete
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Schools
- Elementary School: Washington Elementary School
- Elementary School District: Washington Elementary School District
- Middle School: Washington Elementary School District Online Learning Academ
- High School: Washington High School
- High School District: Glendale Union High School District
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Security Features
- Fire Sprinklers
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Sewer
- Sewer-In & Connected
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 151-24-002-G
- Annual Amount: $3,955
- Tax Book Number: 151.00
- Lot: 1
- Parcel Letter: G
- Year: 2025
- Zoning: R-5 2X
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Utilities
- Water Source: Master Meter, City Franchise
- APS
- Individual Meter
Property Map
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This content last updated on September 5, 2026 5:01AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.