1321 N 48TH Pl, Phoenix, AZ 85008
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Overview
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 0.20
- Year built
- 1960
Utilities
- Heating
- Electric
- Cooling
- Ceiling Fans, Central Air, Electric, Heat Pump
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- Insurance
- $133
Taxes
- Tax Annual Amount (2025)
- $1,184
Public schools
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Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 6988566 Last checked: …
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