4201 E Almeria Rd Unit 1 Phoenix, AZ 85008
Camelback East Village NeighborhoodEstimated payment $4,043/month
Highlights
- Fitness Center
- Heated Spa
- 4 Car Detached Garage
- Phoenix Coding Academy Rated A
- Furnished
- Patio
About This Home
Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA
Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform.
The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants.
Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout.
Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers.
With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.
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
- 4 Bedrooms
- 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 |
|---|---|---|---|
| Open | $195,000 | Commercial | |
| Closed | $227,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7029061
APN: 126-07-066
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.