$625,000

450 Palm Dr Wickenburg, AZ 85390

Wickenburg Area

Estimated payment $3,490/month

Total Views 5,091
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Fully rented fourplex in the heart of Wickenburg--an excellent investment opportunity with immediate income potential! Ideally located within walking distance to historic downtown Wickenburg, this property offers convenience to shopping, dining, and local amenities. Each of the four units features 2 bedrooms and 1 bathroom, providing desirable layouts for tenants and strong rental appeal. With all units currently occupied, this is a turnkey income-producing property ready for its next owner.
Whether you're looking to expand your portfolio or secure a solid investment in a growing market, this well-located multi-family property is a must-see!

Listing Agent

Lori Horcos

Arizona Legends Realty License #BR686709000 Listed on: 03/20/2026

Co-Listing Agent

Don Compton

Arizona Legends Realty License #SA642886000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $661

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available

Schools

  • Hassayampa Elementary School
  • Vulture Peak Middle School
  • Wickenburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for trash collection, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 505-08-004-E

Community Details

Overview

  • 4 Units
  • Building Dimensions are approx 89' x 111'
  • Fox Sub Subdivision

Building Details

  • Operating Expense $8,161
  • Gross Income $50,490
  • Net Operating Income $40,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$661

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Tegner and Palm Drive
  • Property Type: Multiple Dwellings
  • Zoning: RM-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Professional Management Expense: 5100.0
  • Co List Office Mls Id: arizl001
  • Co List Office Phone: 928-684-3911
  • Subdivision Name: FOX SUB
  • Tax Parcel Letter: E
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Washer/Dryer

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

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

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Heat Pump, Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Hassayampa Elementary School
  • High School: Wickenburg High School
  • Junior High Dist: Wickenburg Unified District
  • Middle Or Junior School: Vulture Peak Middle School

Lot Info

  • Lot Size: approx 89' x 111'
  • Additional Parcels: No
  • Parcel #: 505-08-004-E

Multi Family

  • Owner Pays: Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 50490.0
  • Insurance Expense: 2400.0
  • Property Net Operating Income: 40296.0
  • Annual Operating Expense: 8161.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 661.0
  • Tax Book Number: 505.0
  • Tax Lot: 4

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
03/20/2026 03/20/26 For Sale $625,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7003980

Arizona Regional Multiple Listing Service (ARMLS)

APN: 505-08-004E

Arizona Maricopa County Wickenburg 85390

450 Palm Dr, Wickenburg, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Lori Horcos
Listing Agent
Lori Horcos
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Arizona Legends Realty
(928) 554-9170
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