Courtesy of Four Peaks Property Management LLC
Property Description
RARE 7-UNIT INVESTMENT OPPORTUNITY in a fantastic central Phoenix location! What truly sets this property apart is its unique configuration–7 total units spread across SIX SEPARATE BUILDINGS, consisting of five detached residences plus one duplex. The unit mix includes five 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing an attractive and versatile rental mix. Situated on an oversized 20,000+ sq. ft. lot, the property offers private outdoor areas, covered parking and the feel of individual residences rather than a traditional apartment complex. Ideally located between Downtown Phoenix and Sky Harbor International Airport with convenient access to major freeways, employment, shopping, dining and entertainment. A unique opportunity to acquire a well-located Phoenix multifam
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Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Free-Standing Range
- Dishwasher
- Refrigerator
- Microwave
- Washer/Dryer
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Bathrooms
- 29 total bathrooms
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Bedrooms
- 12 total bedrooms
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Building
- Built in 1958
- 6 buildings
- Construction Materials: Painted, Stucco, Block
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Community
- No Pool
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Cooling
- Central Air
- Ceiling Fan(s)
- Individual
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Disclosures
- None
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Expenses
- Electric: $8,688
- Gardener: $1,400
- Insurance: $4,625.24
- Maintenance: $4,375
- Operating: $32,409.2
- Water/Sewer: $4,850
- Other Expense: $875
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Floors
- Vinyl
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Heating
- Individual
- Electric
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Income
- Gross Income: $108,300
- Gross ScheduledIncome: $114,000
- Net Operating Income: $88,809
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Listing
- Listing ID: 7072442
- Standard Status: Active
- MLS Status: Active
- 8 days on market
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Location
- Subdivision: SUNSET ACRES
- County/Parish: Maricopa
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Lot
- Dimensions: 20393
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 5 covered spaces
- 2 open parking spaces
- 7 total parking spaces
- 1 Space/Unit
- On Street
- Carport
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Roof
- Composition
-
Schools
- Elementary School District: Creighton 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: 120-29-048-A
- Annual Amount: $2,251
- Tax Book Number: 120.00
- Lot: 27
- Parcel Letter: A
- Year: 2025
- Zoning: R-3
-
Utilities
- Water Source: City Franchise
- SRP
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This content last updated on September 5, 2026 6:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.