$799,900

Estimated payment $4,586/month

Total Views 325
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Cooling Available
  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Patio
  • Fenced

About This Home

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

Listing Agent

Joshua Zuniga

eXp Realty License #SA645679000 Listed on: 07/21/2026

eXp Realty

Co-Listing Agent

Sabree Zuniga

eXp Realty License #SA694392000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1985

Lot Details

  • Fenced
  • Desert Landscape

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Home Security

  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 10 Parking Spaces
  • Free Parking
  • Paved Parking
  • 10 Open Parking Spaces

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Natural Gas Not Available

Additional Features

  • Ceramic Tile Flooring
  • Patio

Listing and Financial Details

  • The owner pays for water, sewer, electricity, trash collection
  • Tax Lot 31
  • Assessor Parcel Number 110-04-021

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Gerardo Park Lots 11 39 Subdivision

Building Details

  • Operating Expense $7,865
  • Gross Income $45,600
  • Net Operating Income $39,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,322

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Indian School & 23rd Ave.
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: xpre01
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: GERARDO PARK LOTS 11-39
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Heat Pump, Electric
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal
  • Interior Features:Interior Features: Unfurnished, Fire Sprinklers, Fire/Smoke Alarm(s)

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Exterior Amenities: Curb(s) & Gutter(s), Sidewalk(s), Desert Landscaping, Fenced, Patio/Balcony, Security Light(s)

Garage/Parking

  • Parking Features: Open, Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • Parking Features:Parking Features: Free, Paved, >1 Space Per Unit

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Electric
  • Heating: Electric, Heat Pump
  • Security: Security Light(s), Fire Sprinklers
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 2280.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 110-04-021

Multi Family

  • Owner Pays: Water, Sewer, Electricity, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 420.0
  • Annual Gross Income: 45600.0
  • Insurance Expense: 1643.0
  • Property Net Operating Income: 39096.0
  • Annual Operating Expense: 7865.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2322.0
  • Tax Book Number: 110.0
  • Tax Lot: 31

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $2,322 $14,688
2024 $2,120 $13,988
2023 $2,120 $49,700 $9,940 $39,760
2022 $2,087 $36,880 $7,370 $29,510
2021 $2,107 $30,530 $6,100 $24,430
2020 $2,025 $26,400 $5,280 $21,120
2019 $2,000 $22,420 $4,480 $17,940
2018 $1,847 $19,350 $3,870 $15,480
2017 $1,824 $17,760 $3,550 $14,210
2016 $1,747 $15,480 $3,090 $12,390
2015 $1,653 $13,250 $2,650 $10,600
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
07/21/2026 07/21/26 For Sale $799,900 0.0% --
05/02/2026 05/02/26 For Rent $1,499 0.0% --
06/13/2022 06/13/22 Sold $874,900 0.0% $236 / Sq Ft View Prior Sale
04/11/2022 04/11/22 For Sale $874,900 0.0% $236 / Sq Ft
05/09/2019 05/09/19 Rented $850 0.0% --
04/13/2019 04/13/19 For Rent $850 0.0% --
12/19/2018 12/19/18 Sold $340,000 -5.3% $92 / Sq Ft View Prior Sale
09/18/2018 09/18/18 For Sale $359,000 +56.1% $97 / Sq Ft
11/13/2015 11/13/15 Sold $230,000 -7.9% $62 / Sq Ft View Prior Sale
10/08/2015 10/08/15 Pending -- -- --
09/27/2015 09/27/15 For Sale $249,750 +56.1% $67 / Sq Ft
03/28/2014 03/28/14 Sold $160,000 -11.1% $43 / Sq Ft View Prior Sale
12/10/2013 12/10/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $179,900 -- $49 / Sq Ft
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 $874,900 Security Title
Warranty Deed $340,000 Fidelity National Title Agen
Quit Claim Deed -- None Available
Warranty Deed $229,000 Security Title Agency Inc
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed -- First American Title Ins Co
Warranty Deed $158,500 First American Title Ins Co
Trustee Deed $67,000 None Available
Warranty Deed $330,000 American Heritage Title Agen
Quit Claim Deed -- None Available
Warranty Deed $285,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $269,900 Tsa Title Agency
Warranty Deed $225,000 First American Title Ins Co
Cash Sale Deed $83,000 First American Title
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 $743,665 Balloon
Previous Owner $263,320 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $166,500 New Conventional
Previous Owner $118,875 New Conventional
Previous Owner $264,000 New Conventional
Previous Owner $242,250 Fannie Mae Freddie Mac
Previous Owner $215,900 New Conventional
Previous Owner $2,400 Unknown
Previous Owner $213,750 FHA
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7056928

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-04-021

Your Personal Tour Guide

Ask me questions while you tour the home.