AZ
Maricopa
Phoenix
85008
1321 N 48TH Place
1321 N 48TH Place, Phoenix, AZ 85008
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Listing Type
Multi Family
Listing Status
Active
35
$930,000

Home Details for 1321 N 48TH Place

Price
$930,000
Type
Residential Income
Year built
1960
County
Maricopa
Days on site
87
Listing #
6988566
Listing Courtesy: HomeSmart - 602-230-7600
Property Description

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. 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 6.5% CAP (Pro forma)

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Electric
    • Heat Pump
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Parking
    • Off Street
School Information
School Information for 1321 N 48TH Place, Phoenix, AZ 85008
Elementary School
Brunson-Lee Elementary School
Middle School
Pat Tillman Middle School
High School
Buckeye Union High School
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Last Updated: 2026-04-15 12:29:53
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