2425 W TURNEY Avenue Phoenix, AZ $ 1,925,000
2425 W TURNEY Avenue
$ 1,925,000
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2425 W TURNEY Avenue

Phoenix, AZ, 85015
$ 1,925,000
Baths0.0

Monthly Estimate*

$ 12,009

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,925,000. This home was built in 1949.

Casitas on Turney is comprised of (1) studio and (9) 2-bed / 1-bath units. The property has ample parking and privately fenced front and/or backyards. In the mid 2000's 5 of the units were completely rebuilt from the ground up. Most recently 2 units were completely remodeled from the studs, leaving only (3) units in more original condition. Residents are sure to enjoy the private casita-style living and immediate access throughout Phoenix. There's a value-add opportunity both now and in the future by completing the renovations and the installation of an on-site or in-suite laundry facility. There is additional value to be unlocked through development of additional units, with the large +/- 1.14 Acre site, current R-3 zoning would allow for additional units.

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Multi-Family Active

Price

$ 1,925,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,521

Style

Multiple Dwellings

Year Built

1949

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6936485

Features
General
Sewer Public Sewer
Heating Individual Electric
Cooling Central Air Individual
Roof Composition
Zoning R3
Construction Materials Painted Block
Year Built 1949
Electric Other (See Remarks) SRP
Township 2N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 149386.5
Community Features See Remarks No Pool
County Maricopa
Net Operating Income 107726.0
Operating Expense 2521.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name FRUITLAND ACRES
Garage Y/N N
Status Active
City Phoenix
Disclosures Other (See Remarks) None
High School District Phoenix Union High School District
Open Parking Spaces 20.0
Number Of Units Total 10
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 2521.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Alhambra Elementary District
Tax Lot 6
Cap Rate 5.6
Senior Community N
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Interior
Flooring Other Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features See Remarks >1 Space Per Unit
Water Source Master Meter City Franchise
Total Parking 20.0
Lot Size Area 0.0
Number of Buildings 10
Spa N
Lot Dimensions 163ft x 300ft
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2425
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* Excluded Features
List By
Abi Multifamily

Broker

carson.griesemer@abimultifamily.com

Email

Affordability Calculator

$12,220
Per Month
98%
2%
0%
Monthly Principal & Interest
$12,009
Monthly Property Taxes
$210
Monthly Home Insurance
--
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$1,925,000 Listed Price

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2425 W TURNEY Avenue, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $1,925,000. 2425 W TURNEY Avenue is a studio with 0.0 baths and was built in 1949. The property's zip code is 85015 which is in Phoenix, AZ