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Ryan Ney

My Home Group Real Estate

ryan@realscottsdalehomes.com +1(480) 566-9249

$780,000

Est. payment - /mo

8 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Morten Avenue Estates

MLS Listing ID 6951436

Bedrooms 8

Year Built 2003

Annual Tax Amount $2,490

Tax Year 2025

Lot Dimensions 10639

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property.

Location

State AZ

County Maricopa

Community Morten Avenue Estates

Area Maricopa

Zoning R-3

Direction West on Northern to 21st Avenue, South to the property on the East side of 21st Avenue

Interior

Heating Heat Pump, Electric

Cooling Ceiling Fan(s), Electric

Flooring Tile

Appliance Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer

Exterior

Exterior Feature Sidewalk(s)

Parking Features Paved, Assigned, <1 Space Per Unit

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer, Sewer-In & Connected

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Orangewood School

Middle Schools Orangewood School

High Schools Washington High School

School District Glendale Union High School District

Others

Senior Community No

Tax ID 157-19-118

Ownership Fee Simple

Acceptable Financing Cash, Conventional, 1031 Exchange

Disclosures Seller Prop Disc Stm

Listing Terms Cash, Conventional, 1031 Exchange

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Listed by AZ Flat Fee • Richard Harless

NEARBY SCHOOL & BUSINESS

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Ryan Ney

+1(480) 566-9249

Realtor® ~ Team Leader SASA548713000

Scottsdale Speciality Searches

7549 N 21ST Avenue Phoenix, AZ 85021

Ryan Ney

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION