$775,000
Phoenix, AZ 85051
MLS# 6989127
1 / 27
Property Description
Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $775,000
List Price: $775,000
Status: Active
List Date: 2026-02-24
Location, Tax & Legal
Assessor's Map #: 9
Legal Description (Abbrev): LOT 5 NORTHERN LANAI UNIT 1 MCR
Assessor's Parcel #: 872
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 105602
Taxes: 2204
Legal: LOT 5 NORTHERN LANAI UNIT 1 MCR
Marketing Name: Well maintained 4plex
House Number: 3302
Compass: W
Street Name: NORTHERN
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85051
Zip4: 6555
County Code: Maricopa
Subdivision: NORTHERN LANAI UNIT 1
Assessor Number: 150-09-872
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 3
Lot Size Dimensions: Unknown
Total # of Units: 4
High School District: Glendale Union High School District
Year Built: 1974
Zoning: R-5
Legal Info
Range: 2E
Section: 35
Township: 3N
Lot Number: 5
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Operating Exp: 2204
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 800000
Down Payment %: 100
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Landscape Water System: 1
Green Landscaping: 1
Partially Fenced: 1
Curb(s) & Gutter(s): 1
Cable TV Available: 1
Sidewalk(s): 1
Patio/Balcony: 1
Security Light(s): 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Free: 1
1 Space/Unit: 1
Paved: 1
Garage Door Opener: 1
Attached Garage: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-366-5078
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 995
Avg SqFt: 687
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 3
Avg Rent: 1128.28
Avg SqFt: 990
# Baths: 1
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 35th Ave & Northern Ave
Directions: From 35th Ave & Northern Ave, head east on Northern Ave to 33rd Ave, property on the northwest corner.
Geo Lat: 33.553433
Geo Lon: -112.130356
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Laminate; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Green Landscaping; Partially Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Patio/Balcony; Security Light(s)
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Microwave
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Garage; 1 Space/Unit; Garage Door Opener; Free; Paved; Attached Garage
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Get Multifamily
Last Updated: April - 01 - 2026
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