$2,020,000

Estimated payment $11,864/month

Total Views 1,536
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 8 Car Attached Garage
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

Rare opportunity to acquire a 4-unit portfolio within a boutique 7-unit townhome community in a highly desirable Central Phoenix location. Built in 2016, these well-maintained 3-bedroom, 3-bathroom townhomes feature open-concept floor plans, attached two-car garages, and private outdoor living spaces. The property offers stable cash flow, low-maintenance ownership, and future flexibility through individual unit sales. Recent improvements include new roofing, exterior paint, landscaping, and other select upgrades, creating a turnkey investment opportunity with strong rental performance and minimal deferred maintenance.

Listing Agent

Ivan Elosegui

REI Marketing License #SA675440000 Listed on: 06/19/2026

Co-Listing Agent

Victoria Miachika

REI Marketing License #BR639322000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,209

Year Built

  • Built in 2017

Parking

  • 8 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Schools

  • The Creighton Academy Elementary School
  • Monte Vista Elementary Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 1
  • Assessor Parcel Number 127-22-178

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 4380

Building Details

  • Operating Expense $19,409
  • Gross Income $112,860
  • Net Operating Income $89,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,209

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 37th ST & Thomas
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2017
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reim001
  • Co List Office Phone: 602-715-0232
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Central Air, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Building(s) Only
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, Built-In Electric Oven

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Attached Garage
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • Parking Features:Parking Features: Attached Garage

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: The Creighton Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Monte Vista Elementary School

Lot Info

  • Lot Size: 4380
  • Additional Parcels: Yes
  • Parcel #: 127-22-178

Multi Family

  • Owner Pays: Landscaping, Other
  • Tenant Pays: Water, Sewer, Electricity, Trash Collection
  • Number Of Units Total: 4
  • Annual Gross Income: 112860.0
  • Property Net Operating Income: 89384.0
  • Annual Operating Expense: 19409.36
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 12209.36
  • Tax Book Number: 127.0
  • Tax Lot: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/19/2026 06/19/26 For Sale $2,020,000 -1.5% --
09/29/2017 09/29/17 Sold $2,050,000 -4.6% $2,464 / Sq Ft View Prior Sale
07/26/2017 07/26/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $2,149,900 -- $2,584 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7044366

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-22-020

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