Seller's Agent in 2026
John Galaviz
eXp Realty
(623) 215-5659
1 in this area
122 Total Sales
2018 W Cactus Rd Phoenix, AZ 85029
North Mountain Village NeighborhoodEstimated Value: $511,000 - $522,742
8
Beds
--
Bath
900
Sq Ft
$575/Sq Ft
Est. Value
Highlights
- Cooling Available
- Desert Landscape
- Heat Pump System
- Thunderbird High School Rated A-
About This Home
As of April 2026This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,825
Year Built
- Built in 1963
Lot Details
- Desert Landscape
Home Design
- Built-Up Roof
- Block Exterior
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Assigned Parking
Schools
- Washington Elementary School
- Glendale High School
Utilities
- Cooling Available
- Heat Pump System
- Natural Gas Not Available
Listing and Financial Details
- Tenant pays for water, sewer, electricity, cable TV
- The owner pays for trash collection
- Assessor Parcel Number 149-04-015
Community Details
Overview
- 4 Units
- Building Dimensions are 94.1x101.92x92.61x101.96
Building Details
- Operating Expense $10,330
- Gross Income $54,638
- Net Operating Income $44,308
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2025
Closed on
Apr 20, 2026
Sold by
Bought by
Seller's Agent
John Galaviz
eXp Realty
Buyer's Agent
Kevin McGowin
Go Win Property Management
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,064
Avg. Annual Appreciation
-1.52%
Purchase Details
Closed on
Jan 21, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Interest Rate
2.65%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 4, 2017
Sold by
Bought by
Purchase Details
Closed on
Mar 15, 2017
Sold by
Bought by
Purchase Details
Closed on
Sep 3, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 3, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,947
Interest Rate
5.08%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 25, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 20, 2008
Sold by
Bought by
Purchase Details
Closed on
Jun 8, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,900
Interest Rate
7.75%
Mortgage Type
Unknown
Purchase Details
Closed on
May 1, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,900
Interest Rate
7.75%
Mortgage Type
Unknown
Purchase Details
Closed on
May 13, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Feb 21, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 17, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,637
Interest Rate
7.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.87%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $520,000 | Wfg National Title Insurance C | ||
| $485,000 | First American Title | ||
| $225,000 | Fidelity National Title Agen | ||
| -- | None Available | ||
| -- | First American Title Ins Co | ||
| -- | Accommodation | ||
| $104,000 | Grand Canyon Title Agency In | ||
| $112,500 | Accommodation | ||
| $229,427 | None Available | ||
| -- | Capital Title Agency Inc | ||
| $379,900 | Capital Title Agency Inc | ||
| -- | -- | ||
| $320,000 | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| $265,000 | Capital Title Agency Inc | ||
| $212,250 | Capital Title Agency Inc | ||
| $186,000 | Stewart Title & Trust Phoeni |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $476,215 | ||
| Previous Owner | $127,500 | ||
| Previous Owner | $112,500 | ||
| Previous Owner | $89,947 | ||
| Previous Owner | $67,200 | ||
| Previous Owner | $303,900 | ||
| Previous Owner | $37,950 | ||
| Previous Owner | $64,000 | ||
| Previous Owner | $224,000 | ||
| Previous Owner | $185,500 | ||
| Previous Owner | $201,637 | ||
| Previous Owner | $148,800 |
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 |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | Sold | $520,000 | -5.3% | $578 / Sq Ft |
| 04/03/2026 04/03/26 | Pending | -- | -- | -- |
| 04/01/2026 04/01/26 | Price Changed | $549,000 | -8.3% | $610 / Sq Ft |
| 04/01/2026 04/01/26 | For Sale | $599,000 | 0.0% | $666 / Sq Ft |
| 03/12/2026 03/12/26 | Pending | -- | -- | -- |
| 03/02/2026 03/02/26 | For Sale | $599,000 | 0.0% | $666 / Sq Ft |
| 02/20/2026 02/20/26 | Pending | -- | -- | -- |
| 02/19/2026 02/19/26 | For Sale | $599,000 | 0.0% | $666 / Sq Ft |
| 01/11/2026 01/11/26 | Pending | -- | -- | -- |
| 12/04/2025 12/04/25 | For Sale | $599,000 | -- | $666 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,825 | $14,363 | ||
| 2024 | $1,725 | $13,679 | ||
| 2023 | $1,725 | $38,310 | $7,660 | $30,650 |
| 2022 | $1,668 | $26,460 | $5,290 | $21,170 |
| 2021 | $1,690 | $24,810 | $4,960 | $19,850 |
| 2020 | $1,648 | $22,810 | $4,560 | $18,250 |
| 2019 | $1,618 | $19,930 | $3,980 | $15,950 |
| 2018 | $1,575 | $16,300 | $3,260 | $13,040 |
| 2017 | $1,567 | $15,270 | $3,050 | $12,220 |
| 2016 | $1,539 | $14,760 | $2,950 | $11,810 |
| 2015 | $1,425 | $14,450 | $2,890 | $11,560 |
Source: Public Records
Agents Affiliated with this Home
-
John Galaviz
-
Kevin McGowin
K
Buyer's Agent in 2026
Kevin McGowin
Go Win Property Management
(480) 496-9001
5 in this area
34 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6953868
APN: 149-04-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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