$925,000

Estimated payment $5,148/month

Total Views 260
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Fenced
  • Attached Carport
  • Ceiling Fan
  • Desert Landscape

About This Home

This turnkey fourplex is located in North Phoenix & features large 915sqft units which are all 2 bed/2 bath. The unit interiors were fully remodeled in 2022 which included: new flooring; new kitchen cabinets & countertops; all new kitchen appliances; new bathroom vanities, plumbing fixtures, & more. The in-suite washers & dryers will also convey. The lower units have private patios & the upper units have private balconies. The lot size is very large and parking is plentiful.
Lookout Mountain is nearby as well as the 51 freeway for easy access. Major employers nearby include Paradise Valley Unified School District, North Mountain Medical Center & Walmart Supercenter.
The property is not governed by an HOA.
Drive by only...please do not disturb tenants.

Listing Agent

Ken Tasopulos

Better Homes & Gardens Real Estate SJ Fowler License #SA524907000 Listed on: 07/07/2026

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1985

Lot Details

  • Fenced
  • Desert Landscape

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Attached Carport
  • Parking Available
  • On-Street Parking

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 214-40-203

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0.291 acres
  • Greenway Trails Subdivision

Building Details

  • Operating Expense $15,906
  • Gross Income $72,168
  • Net Operating Income $56,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,458

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Greenway Parkway & 27th St.
  • Property Type: Multiple Dwellings
  • Zoning: [R-3] Multi Fam
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENWAY TRAILS
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Electric, Individual, Ceiling Fan(s), Gas
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Washer/Dryer

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile, Foam
  • Exterior Amenities: Curb(s) & Gutter(s), Desert Landscaping, Fenced

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street, Attached Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Features: 1 Space/Unit, On Street, Attached Carport

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric, Varies by Unit, Ceiling Fan(s), Gas
  • Heating: Heat Pump, Varies by Unit, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 1776.0
  • Annual Water Sewer Expense: 4589.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 0.291 acres
  • Additional Parcels: No
  • Parcel #: 214-40-203

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Gas
  • Number Of Units Total: 4
  • Annual Gross Income: 72168.0
  • Insurance Expense: 2923.0
  • Maintenance Expense: 3960.0
  • Property Net Operating Income: 56262.0
  • Annual Operating Expense: 15906.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1458.0
  • Tax Book Number: 214.0
  • Tax Lot: 5

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 $1,458 $14,269
2024 $1,391 $13,589
2023 $1,391 $46,610 $9,320 $37,290
2022 $1,377 $31,120 $6,220 $24,900
2021 $1,381 $29,470 $5,890 $23,580
2020 $1,338 $25,850 $5,170 $20,680
2019 $1,340 $20,850 $4,170 $16,680
2018 $1,296 $20,110 $4,020 $16,090
2017 $1,242 $17,060 $3,410 $13,650
2016 $1,221 $14,950 $2,990 $11,960
2015 $1,131 $12,080 $2,410 $9,670
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
07/07/2026 07/07/26 For Sale $925,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $600,000 Security Title Agency Inc
Warranty Deed $505,000 Security Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed $272,000 Fidelity National Title
Warranty Deed $235,000 North American Title Co
Warranty Deed $125,000 Ati Title Agency
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 Loan Amount Loan Type
Open $562,500 New Conventional
Previous Owner $500,000 Commercial
Previous Owner $217,600 Negative Amortization
Previous Owner $188,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7051475

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-203

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