2018 W CACTUS Road Phoenix, AZ $ 599,000
2018 W CACTUS Road
$ 599,000
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2018 W CACTUS Road

Phoenix, AZ, 85029
$ 599,000
Baths0.0

Monthly Estimate*

$ 3,737

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $599,000. This home was built in 1963.

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

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Multi-Family Active

Price

$ 599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,825

Style

Multiple Dwellings

Year Built

1963

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6953868

Features
General
Sewer Public Sewer
Heating Individual Heat Pump Electric
Cooling Electric Individual
Roof Built-Up
Zoning Multifamily
Construction Materials Painted Block
Year Built 1963
Electric APS
Township 3N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 54638.0
Community Features No Pool
County Maricopa
Net Operating Income 44308.0
Operating Expense 10330.0
Insurance Expense 3705.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Garage Y/N N
Status Active
Directions Use GPS
High School Glendale High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Glendale Union High School District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N N
Elementary School Washington Elementary School
Tax Annual Amount 1825.0
Electric Expense 0.0
Fuel Expense 0.0
Trash Expense 2400.0
Water Sewer Expense 2400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Washington Elementary School District
Tax Lot -
Cap Rate 7.4
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Parking Features Assigned 1 Space/Unit
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 94.1x101.92x92.61x101.96
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 2018
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* Excluded Features
List By
Exp Realty

Broker

john@rosinteam.com

Email

Affordability Calculator

$3,889
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,737
Monthly Property Taxes
$152
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
4897062 Elementary School
4327258 Middle School
Glendale High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$599,000 Listed Price

Map


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2018 W CACTUS Road, Phoenix, AZ, 85029 is a Multi-Family Home for sale at $599,000. 2018 W CACTUS Road is a studio with 0.0 baths and was built in 1963. The property's zip code is 85029 which is in Phoenix, AZ