NOT LISTED FOR SALE
2 Beds
-- Bath
900 Sq Ft
1963 Built

Sale Details

Date Sold: April 24, 2026

Last sale price $520,000 $578 Per Sq Ft

120 Days on Market

Highlights

  • Cooling Available
  • Desert Landscape
  • Heat Pump System
  • Thunderbird High School Rated A-

About This Home

As of April 2026

This 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!

Last Agent to Sell the Property

John Galaviz

eXp Realty License #BR673471000 Listed on: 12/04/2025

eXp Realty

Last Buyer's Agent

Kevin McGowin

Go Win Property Management License #BR687250000

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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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,825

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 19th Ave and Cactus Rd
  • Property Type: Multiple Dwellings
  • Zoning: Multifamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2025
  • Road Surface Type: Gravel
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Electric, Individual
  • Road Surface Type:Road Surface Type: Gravel
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Microwave, Washer/Dryer, Free-Standing Electric Oven

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted
  • Roof: Built-Up
  • Exterior Amenities: Desert Landscaping

Garage/Parking

  • Parking Features: 1 Space/Unit, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: 1 Space/Unit, Assigned

Utilities

  • Electric: APS
  • Cooling: Electric, Varies by Unit
  • Heating: Electric, Heat Pump, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 2400.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Washington Elementary School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 94.1x101.92x92.61x101.96
  • Additional Parcels: No
  • Parcel #: 149-04-015

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Water, Sewer, Electricity, Cable TV, See Remarks
  • Number Of Units Total: 4
  • Annual Gross Income: 54638.0
  • Insurance Expense: 3705.0
  • Property Net Operating Income: 44308.0
  • Annual Operating Expense: 10330.0

Tax Info

  • Tax Annual Amount: 1825.0
  • Tax Book Number: 149.0
  • Tax Lot: -

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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)

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6953868

Arizona Regional Multiple Listing Service (ARMLS)
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