$2,795,087

Estimated payment $15,195/month

Total Views 76
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Patio
  • Community Barbecue Grill
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

Turnkey 8-unit multifamily investment in the heart of the Biltmore area. This gated community features eight large 2-bedroom, 2-bath units with vaulted ceilings, private backyards, in-unit laundry, and exterior storage. Renovated in 2020 with modern finishes including stainless steel appliances, updated cabinetry, vinyl flooring, and contemporary bathrooms. Community amenities include a dog run, picnic area, BBQ space, and desert landscaping. Prime central Phoenix location with convenient access to shopping, dining, employment centers, and major freeways. Strong long-term investment opportunity in a high-demand rental market.

Listing Agent

Shannon Hall

Bellagio Real Estate License #BR117465000 Listed on: 06/01/2026

Co-Listing Agent

Chengyan Xie

Bellagio Real Estate License #BR637767000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1982

Lot Details

  • Partially Fenced Property
  • Desert Landscape
  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heating unit installed on the ceiling
  • Separate Meters
  • Natural Gas Not Available

Additional Features

  • Ceiling Fan
  • Patio

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 163-28-085

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 4227 North 17th Street
  • Fox Run Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $653
  • Gross Income $177,650
  • Net Operating Income $141,536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$653

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: AZ-51 N & E Indian School Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: bellre001
  • Co List Office Phone: 602-456-4167
  • Subdivision Name: FOX RUN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile, Foam, Other

Garage/Parking

  • Parking Features: Other, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool, Barbecue, See Remarks

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 4227 North 17th Street
  • Additional Parcels: Yes
  • Parcel #: 163-28-085

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping, See Remarks
  • Tenant Pays: Electricity, Cable TV, See Remarks
  • Number Of Units Total: 8
  • Annual Gross Income: 177650.0
  • Property Net Operating Income: 141536.0
  • Annual Operating Expense: 653.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 653.0
  • Tax Book Number: 163.0
  • Tax Lot: 8

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
06/01/2026 06/01/26 For Sale $2,795,087 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7038917

Arizona Regional Multiple Listing Service (ARMLS)
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