Courtesy of ProSmart Realty
Property Description
Newly Built & Stabilized Phoenix Fourplex – Turnkey Investment Opportunity Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure. Each unit features an open and functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence. Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction.
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
-
Appliances & Equipment
- Free-Standing Range
- Disposal
- Dishwasher
- Refrigerator
- Free-Standing Electric Oven
- Microwave
- Washer/Dryer
-
Bathrooms
- 4 total bathrooms
-
Bedrooms
- 4 total bedrooms
-
Building
- Built in 2023
- 1 building
- Construction Materials: Wood Frame, Stucco
-
Community
- No Pool
-
Cooling
- Central Air
- Ceiling Fan(s)
-
Disclosures
- Development Plan Avl
-
Expenses
- Operating: $715
-
Floors
- Vinyl
-
Heating
- Forced Air
-
Income
- Gross Income: $82,080
- Gross ScheduledIncome: $86,400
- Net Operating Income: $81,000
-
Listing
- Listing ID: 7072928
- Standard Status: Active
- MLS Status: Active
- 7 days on market
-
Location
- Subdivision: BICKERSTAFF HOMES
- County/Parish: Maricopa
-
Lot
- Dimensions: 9,700sqft
-
Owner Pays
- Water
- Sewer
- Landscaping
-
Parking
- 6 open parking spaces
- 6 total parking spaces
- Off Street
- On Street
-
Property
- New Construction
-
Roof
- Composition
-
Security Features
- Fire Sprinklers
-
Sewer
- Public Sewer
-
Taxes
- Additional parcels description:
- Parcel Number: 159-31-077-A
- Public Survey Range: 3E
- Public Survey Section: 28
- Annual Amount: $715
- Tax Book Number: 159.00
- Legal Description: LOT 2 BICKERSTAFF HOMES MCR 003220
- Lot: 2
- Parcel Letter: A
- Year: 2025
- Zoning: R3
-
Utilities
- Water Source: Master Meter, City Franchise
- APS
Property Map
Street View
Market Trends for 85020, Phoenix, AZ
Nearby Schools
Request More Information
Schedule a Showing
Similar Properties Nearby
This content last updated on September 5, 2026 7:28AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.