4201 E ALMERIA Road # 1 Phoenix, AZ $ 719,000
4201 E ALMERIA Road # 1
$ 719,000
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4201 E ALMERIA Road # 1

Phoenix, AZ, 85008
$ 719,000
Baths0.0

Monthly Estimate*

$ 4,427

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $719,000. This home was built in 1969.

Turnkey Phoenix Duplex Investment Opportunity! Welcome to 4201 E Almeria Rd, Phoenix, AZ -- a fully furnished, income-producing duplex currently operating as a successful short-term rental property with a strong 4.79-star guest rating and 94.4% 5-star reviews. Ideally located near Phoenix Sky Harbor International Airport, Central Phoenix, Old Town Scottsdale, major freeways, dining, entertainment, and Cactus League Spring Training ballparks, this property offers exceptional convenience for travelers, investors, and owner-occupants alike. Unit 1 features 2 bedrooms and 2 bathrooms, while Unit 2 offers 2 bedrooms and 1 bathroom. The property is currently configured for Airbnb-style room-by-room rentals, creating strong income potential and flexible occupancy options. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, allowing for a seamless transition to the next owner. Recent capital improvements include: " Unit 1 HVAC replaced in 2021 " Unit 1 water heater replaced in 2023 " Unit 2 HVAC replaced in 2022 " Unit 2 water heater replaced in 2021 " Additional light remodeling and interior updates completed throughout the property Additional features include: " No HOA " Fully operational short-term rental setup " Income-producing opportunity " Furnished turnkey investment " Close proximity to Scottsdale, Downtown Phoenix, Tempe, and Spring Training facilities " Convenient access to shopping, restaurants, nightlife, and freeway systems Whether you're looking for a short-term rental investment, house-hacking opportunity, or furnished multi-family property in a prime Phoenix location, this duplex offers flexibility, location, and proven rental performance.

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Multi-Family Active

Price

$ 719,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,137

Style

Multiple Dwellings

Year Built

1969

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7029061

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric 2 or More Units
Roof Composition
Zoning R-3
Security Features Security Light(s)
Construction Materials Painted Block
Year Built 1969
Electric SRP
Township 2N
Unit Number 1
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 56250.0
Community Features Barbecue Exercise Room Heated Spa(s)
County Maricopa
Net Operating Income 49374.0
Operating Expense 21405.0
Insurance Expense 3576.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 4800.0
Subdivision Name ELLA LEE
Garage Y/N N
Status Active
Directions McDowell Rd to 41st Place North on 41st Pl to Almeria Rd Right on Almeria Rd to 5th property on the right.
High School Camelback High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Elementary School Brunson-Lee Elementary School
Tax Annual Amount 1137.0
Electric Expense 4176.0
Fuel Expense 0.0
Middle/Junior High School Pat Tillman Middle School
Trash Expense 0.0
Water Sewer Expense 2016.0
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 Interim Occupant
Elementary School District Balsz Elementary District
Tax Lot 1
Cap Rate 6.87
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Detached Garage Add'l Parking Avail 1 Space/Unit Carport
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 7780
Road Surface Type Asphalt Dirt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4201
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* Excluded Features
List By
Realty One Group

Broker

kpattersonhomesaz@gmail.com

Email

Affordability Calculator

$4,522
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,427
Monthly Property Taxes
$95
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4327400 Elementary School
4327362 Middle School
Camelback High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$719,000 Listed Price

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4201 E ALMERIA Road # 1, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $719,000. 4201 E ALMERIA Road # 1 is a studio with 0.0 baths and was built in 1969. The property's zip code is 85008 which is in Phoenix, AZ