$1,500,000

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… Read MoreRead Less

Courtesy of Four Peaks Property Management LLC 480-203-4348

Listing Snapshot

Days Online

Last Updated

Oct 12, 2026

Beds

Year Built

1958

MLS Number

7072442

Additional Details

Property Access

Road Surface: Asphalt

Appliances & Equipment

Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Building

Built in 1958, 6 buildings, Construction Materials: Painted, Stucco, Block

Community

No Pool

Cooling

Central Air, Ceiling Fan(s), Varies by Unit

Disclosures

None

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

Floors

Vinyl

Heating

Varies by Unit, Electric

Income

Gross Income: $108,300, Gross ScheduledIncome: $114,000, Net Operating Income: $88,809

Lot

Dimensions: 20393

Owner Pays

Trash Collection, Water, Sewer, Landscaping

Parking

5 covered spaces, 2 open parking spaces, 7 total parking spaces, 1 Space/Unit, On Street, Carport

Roof

Composition

Sewer

Public Sewer

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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