$1,740,000
$60K PRICE DROP

Estimated payment $9,553/month

Total Views 3,065
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Patio
  • Desert Landscape
  • Shadow Mountain High School Rated 9+
  • Ceramic Tile Flooring
  • 12 Car Garage

About This Home

Investor Special! Newer Build 6-Plex, each unit is individually titled. Every unit has a single detached garage and ample visitor parking. Ownership of your own enclave. The units are 2 bedroom, 1.5 bath, in-suite full size laundry, dedicated backyard, open floor plan and more. Fully leased out, strong and stable cash-flow, remarkable investment property.

Listing Agent

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 01/30/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 2010

Lot Details

  • Desert Landscape
  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 12 Car Garage
  • Parking Available
  • Additional Parking

Schools

  • Cactus View Elementary School
  • Greenway Middle School
  • Pinnacle High School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Additional Features

  • Ceramic Tile Flooring
  • Patio

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 1 speak to lister
  • Assessor Parcel Number 166-11-089

Community Details

Overview

  • 4 Buildings
  • 6 Units
  • Building Dimensions are IRR
  • Sweetwater Condos Subdivision

Building Details

  • Operating Expense $24,282
  • Gross Income $126,720
  • Net Operating Income $112,830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,825

Year Built

Built in 2010

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Cavecreek and Cactus
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 4
  • Ownership: Condominium
  • Year Built: 2010
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3600.0
  • Subdivision Name: Sweetwater Condos
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: 1 Space/Unit, Paved
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0

Utilities

  • Electric: APS
  • Cooling: Electric, Varies by Unit
  • Heating: Electric, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 5338.0

Schools

  • Elementary School: Cactus View Elementary School
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 166-11-089

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 6
  • Electric Expense: 2272.0
  • Annual Gross Income: 126720.0
  • Maintenance Expense: 6317.0
  • Property Net Operating Income: 112830.0
  • Annual Operating Expense: 24282.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 3825.0
  • Tax Book Number: 166.0
  • Tax Lot: 1 speak to lister

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $44 $44 --
2024 -- $50 $50 --
2023 -- $50 $50 --
2022 $0 $50 $50 $0
2021 $0 $50 $50 $0
2020 $0 $50 $50 $0
2019 $0 $50 $50 $0
2018 $0 $50 $50 $0
2017 $0 $50 $50 $0
2016 $0 $50 $50 $0
2015 -- $50 $50 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2026 06/03/26 Price Changed $1,740,000 -0.6% --
03/17/2026 03/17/26 Price Changed $1,750,000 -2.8% --
01/30/2026 01/30/26 For Sale $1,800,000 +213.0% --
06/30/2015 06/30/15 Sold $575,000 -36.1% $41 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
11/28/2014 11/28/14 For Sale $900,000 -- $65 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6977241

Arizona Regional Multiple Listing Service (ARMLS)
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