$930,000
Phoenix, AZ 85008
MLS# 6988566
1 / 12
Property Description
This well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, offering ample parking space. Featuring four 2-bedroom, 1-bathroom units, the property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways and located just across from Brunson Lee Elementary School, these units are highly desirable and in great demand.
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $930,000
List Price: $930,000
Status: Active
List Date: 2026-02-23
Location, Tax & Legal
Assessor's Map #: 13
Assessor's Parcel #: 92
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111202
Taxes: 1184
Legal: PALOMINO ESTATES PT OF LOTS 48 & 47 BEG NW COR LOT 48 W 47' S 12D19' E 118.86' TH ELY ALG CURVE 28
Marketing Name: 4 Plex
House Number: 1321
Compass: N
Street Name: 48TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 5926
County Code: Maricopa
Subdivision: PALOMINO ESTATES
Assessor Number: 125-13-092-A
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 8640
Total # of Units: 4
Elementary School District: Balsz Elementary District
High School District: Buckeye Union High School District
Elementary School: Brunson-Lee Elementary School
Jr. High School: Pat Tillman Middle School
High School: Buckeye Union High School
Year Built: 1960
Zoning: Multi-Family
Legal Info
Range: 4E
Section: 5
Township: 1N
Lot Number: 47
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 1184
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0
Equity: 930000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Individual: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
<1 Space Per Unit: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
New Financing
Conventional: 1
FHA: 1
Special
Owner/Agent: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
# Efficiency Units: 4
Avg Rent: 0
Avg SqFt: 2713
# Baths: 4
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 0
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 48th St & McDowell
Directions: Head East on McDowell, South on 48th St, East on Culver, North on 48th Place.
Geo Lat: 33.4628
Geo Lon: -111.977256
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Other
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Electric Oven; Refrigerator; Microwave
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: <1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Other (See Remarks)
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Combo
Existing 1st Loan: Conventional
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: FHA; Conventional
Environmental: None
Owner/Agent Addendum 
Listing Office: HomeSmart
Last Updated: April - 06 - 2026
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