Listing Details:
Listing ID: 6874180
Updated: 6/1/2025 2:55pm
Status | Active/For Sale |
Days On Market | 3 |
Taxes | $1,381.00 |
HOA | $0.00/******** |
Type | N/A |
Open Parking | 3 |
Year Built | 1960 |
Lot Size | 0.00 |
County | Maricopa |
Listed By | eXp Realty |
Description:
Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features: (2) 1-Bed / 1-Bath Units (1) 3-Bed / 2-Bath Unit (2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value. Perfect for buy-and-hold investors looking to improve and stabilize a multifamy asset in a growing area of Phoenix.
Property Location:
Listed By: eXp Realty | Aaron Remer 602-321-8662
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.