$845,000
$5K PRICE DROP

Estimated payment $4,666/month

Total Views 1,725
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Desert Landscape

About This Home

Excellent opportunity to acquire a fully occupied fourplex in Phoenix, ideally located near the Loop 202 Freeway and 44th Street. Each unit offers a desirable 2-bedroom, 1-bath open floor plan along with a private gated patio. Centrally located and positioned in a high-demand rental corridor. Just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix and all connecting freeways. Electric is individually metered and paid by tenants. The owner currently covers water, sewer, and trash. This is a turn key investment and a perfect addition to any investors portfolio. Please Do Not Disturb The Tenants

Listing Agent

Manuel Peralta Garcia

Beyond Realty LLC License #SA649426000 Listed on: 04/09/2026

Co-Listing Agent

Marion Gamez

Beyond Realty LLC License #BR527432000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1963

Lot Details

  • Desert Landscape

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Vertical Blinds
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • On-Street Parking

Schools

  • Brunson-Lee Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 39
  • Assessor Parcel Number 125-20-041

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $1,006
  • Gross Income $60,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,006

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 40th Street and McDowell
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: beyo001
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup, Free-Standing Gas Oven

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Block, Painted
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Brunson-Lee Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Brunson-Lee Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 125-20-041

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Gas
  • Number Of Units Total: 4
  • Annual Gross Income: 60990.0
  • Annual Operating Expense: 1006.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1006.0
  • Tax Book Number: 125.0
  • Tax Lot: 39

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $1,006 $7,885 -- --
2024 $938 $7,509 -- --
2023 $938 $49,630 $9,920 $39,710
2022 $904 $32,370 $6,470 $25,900
2021 $919 $25,580 $5,110 $20,470
2020 $902 $21,110 $4,220 $16,890
2019 $899 $17,170 $3,430 $13,740
2018 $847 $15,250 $3,050 $12,200
2017 $811 $14,410 $2,880 $11,530
2016 $794 $8,380 $1,670 $6,710
2015 $745 $7,310 $1,460 $5,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 Price Changed $845,000 -0.6% --
04/09/2026 04/09/26 For Sale $850,000 +58.7% --
12/04/2020 12/04/20 Sold $535,500 -2.3% $681 / Sq Ft View Prior Sale
10/05/2020 10/05/20 Price Changed $547,900 -0.2% $697 / Sq Ft
08/10/2020 08/10/20 Price Changed $548,900 -0.2% $698 / Sq Ft
06/25/2020 06/25/20 For Sale $549,900 -- $700 / 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 $535,500 Wfg National Title Ins Co
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Warranty Deed $149,999 Stewart Title & Trust Of Pho
Cash Sale Deed $51,500 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Trustee Deed $222,976 None Available
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Warranty Deed $274,900 Grand Canyon Title Agency In
Grant Deed -- --
Warranty Deed $216,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- American Title Ins Agency Az
Warranty Deed $165,000 American Title Ins Agency Az
Joint Tenancy Deed -- Old Republic 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 $401,625 New Conventional
Previous Owner $147,282 FHA
Previous Owner $206,150 Purchase Money Mortgage
Previous Owner $54,950 Stand Alone Second
Previous Owner $32,400 Credit Line Revolving
Previous Owner $172,800 Purchase Money Mortgage
Previous Owner $172,800 Purchase Money Mortgage
Previous Owner $25,000 Unknown
Previous Owner $123,750 Purchase Money Mortgage
Previous Owner $45,800 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7014430

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-041

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