4201 E Almeria Rd Unit 1 Phoenix, AZ 85008
Camelback East Village NeighborhoodEstimated payment $3,911/month
Highlights
- Fitness Center
- Heated Spa
- 4 Car Detached Garage
- Phoenix Coding Academy Rated A
- Furnished
- Patio
About This Home
Turnkey furnished duplex investment opportunity in the heart of Phoenix! Located at 4201 E Almeria Rd, this income-producing multi-family property is currently operating as a successful short-term rental with a strong 4.79-star guest rating and 94.4% five-star reviews. With no HOA, recent major system updates, and all furnishings included, this property is ready to continue generating income from day one. The duplex offers two separate living spaces, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. Currently configured for room-by-room short-term rentals, the property provides multiple income strategies including Airbnb, corporate housing, mid-term rentals, traveling professionals, seasonal visitors, or traditional long-term tenants. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, creating a true turnkey investment opportunity. Recent improvements include HVAC replacement in Unit 1 (2021) and Unit 2 (2022), water heater replacement in Unit 1 (2023) and Unit 2 (2021), plus additional interior updates and light remodeling throughout the property. Ideally situated near Phoenix Sky Harbor International Airport, Old Town Scottsdale, Downtown Phoenix, Tempe, Arizona State University, major employment corridors, and Cactus League Spring Training facilities, this location attracts both business and leisure travelers year-round. Residents and guests enjoy convenient access to shopping, dining, entertainment, golf, freeways, and some of the Valley's most popular destinations. Whether you're seeking a cash-flowing investment property, furnished duplex, house-hacking opportunity, short-term rental portfolio addition, or multi-generational living solution, this Phoenix duplex offers flexibility, location, and proven rental performance in one of the Valley's most desirable rental markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,137
Year Built
- Built in 1969
Lot Details
- Dirt Road
- Fenced
- Desert Landscape
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Furnished
- Ceiling Fan
- Blinds
Home Security
- Security Lights
- Fire and Smoke Detector
Parking
- 4 Car Detached Garage
- Carport
- Parking Available
- Additional Parking
Outdoor Features
- Heated Spa
- Patio
- Outdoor Storage
Schools
- Brunson-Lee Elementary School
- Pat Tillman Middle School
- Camelback High School
Utilities
- Two cooling system units
- Heating Available
- Natural Gas Not Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 126-07-066
Community Details
Overview
- 2 Units
- Building Dimensions are 7780
- Ella Lee Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Fitness Center
Building Details
- Operating Expense $21,405
- Gross Income $56,250
- Net Operating Income $49,374
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,137 | $8,907 | -- | -- |
| 2024 | $1,060 | $8,483 | -- | -- |
| 2023 | $1,060 | $32,170 | $6,430 | $25,740 |
| 2022 | $1,021 | $23,480 | $4,690 | $18,790 |
| 2021 | $1,039 | $22,710 | $4,540 | $18,170 |
| 2020 | $1,019 | $19,500 | $3,900 | $15,600 |
| 2019 | $1,015 | $18,350 | $3,670 | $14,680 |
| 2018 | $956 | $16,350 | $3,270 | $13,080 |
| 2017 | $916 | $15,150 | $3,030 | $12,120 |
| 2016 | $896 | $14,470 | $2,890 | $11,580 |
| 2015 | $841 | $9,520 | $1,900 | $7,620 |
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 |
|---|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $719,000 | +212.6% | -- | |
| 03/15/2019 03/15/19 | Sold | $230,000 | -4.2% | $117 / Sq Ft | View Prior Sale |
| 03/02/2019 03/02/19 | Pending | -- | -- | -- | |
| 02/28/2019 02/28/19 | For Sale | $240,000 | 0.0% | $122 / Sq Ft | |
| 02/19/2019 02/19/19 | Pending | -- | -- | -- | |
| 02/13/2019 02/13/19 | For Sale | $240,000 | -- | $122 / Sq Ft |
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 | $230,000 | First American Title Ins Co | |
| Warranty Deed | -- | None Available | |
| Cash Sale Deed | $160,000 | Empire West Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Cash Sale Deed | $99,500 | Security Title Agency | |
| Quit Claim Deed | -- | -- |
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 |
|---|---|---|---|
| Closed | $195,000 | Commercial | |
| Closed | $227,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7029061
APN: 126-07-066
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