4332 N 27TH Street Phoenix, AZ ^$ 1,065,000

4332 N 27TH Street

^$ 1,065,000

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4332 N 27TH Street

Phoenix, AZ, 85016

^$ 1,065,000

Studio Baths0.0

Monthly Estimate*

^$ 6,644

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,065,000. This home was built in 1964.

4332 N 27th St is a 5-unit multifamily community located in the Biltmore Submarket. Originally constructed in 1943 & later built in 1964, the asset sits in a high rental demand area within walking distance to Biltmore Fashion Park, and within close proximity to Downtown Phoenix. 4332 N 27th St features a unit mix of (4) two-bedroom, one-bathroom units and (1) three-bedroom, one-bathroom unit that have been well-maintained and updated throughout ownership.

Multi-Family Active

Price

^$ 1,065,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,902

Style

Multiple Dwellings

Year Built

1964

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6908488

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric

Roof Composition Foam

Zoning R-3 & SFR

Construction Materials Painted Block

Year Built 1964

Electric SRP

Township 2N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 66220.7

Community Features No Pool

County Maricopa

Net Operating Income 49902.0

Operating Expense 2902.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name CITRUS HEIGHTS LOTS 1-9

Garage Y/N N

Status Active

City Phoenix

Disclosures Other (See Remarks)

High School District Phoenix Union High School District

Open Parking Spaces 10.0

Number Of Units Total 5

Carport Y/N N

Tax Annual Amount 2902.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Madison Elementary District

Tax Lot 12

Cap Rate 4.25

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features >1 Space Per Unit

Water Source City Franchise

Total Parking 12.0

Number of Buildings 2

Spa N

Lot Dimensions 82x197.4

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4332

* Excluded Features

List By

Matthews Real Estate Investment Services

Broker

kyle.inman@matthews.com

Affordability Calculator

$6,886

Per Month

Monthly Principal & Interest: $6,644
Monthly Property Taxes: $242
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,242,302

Percent of Sale Price 17%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2025	$1,065,000	-2.74%	Price Down
9/8/2025	$1,095,000	-6.81%	Price Down
8/20/2025	$1,175,000		Listed Price

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4332 N 27TH Street, Phoenix, AZ, 85016 is a Multi-Family Home for sale at $1,065,000. 4332 N 27TH Street is a studio with 0.0 baths and was built in 1964. The property's zip code is 85016 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/30/2025.

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4332 N 27TH Street

Multi-Family Home for sale in Phoenix, AZ

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