1313 N 48TH Street Phoenix, AZ ^$ 1,399,000

1313 N 48TH Street

^$ 1,399,000

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1313 N 48TH Street

Phoenix, AZ, 85008

^$ 1,399,000

Studio Baths0.0

Monthly Estimate*

^$ 8,614

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,399,000. This home was built in 1964.

Prime multifamily investment opportunity Beautiful! well maintained and unique 4-unit + the big storage could be converted as a studio. This 4plex features a welcoming gazebo in the front yard to entertain guests, 3 units 2bed/2bath, 1 unit 2bed/1bath, Roof replace in 2024, and new AC in 2 units. Each unit has its own private patio as well as coin laundry room, build-in Bar-b cue, sparkling pool. Fully occupied by long term tenants (please don't disturb). Property is perfectly situated in Phoenix with convenient access to major freeways, super market, restaurants, and across from elementary school. Buyers and Buyer's agent to verify all facts and figures.

Multi-Family Active

Price

^$ 1,399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,123

Style

Multiple Dwellings

Year Built

1964

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7041284

Features

General

Sewer Public Sewer

Heating Electric

Cooling Ceiling Fan(s) Electric

Roof Other

Zoning R-3

Construction Materials Painted Block

Year Built 1964

Electric SRP

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 0.0

Community Features Barbecue Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 19823.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name PALOMINO ESTATES

Garage Y/N N

Status Active

Directions Head East on McDowell South on 48th St to property.

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 8.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 2123.0

Electric Expense 1500.0

Fuel Expense 4200.0

Water Sewer Expense 12000.0

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 Balsz Elementary District

Tax Lot 41

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Tile Carpet Ceramic Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved

Water Source City Franchise

Total Parking 9.0

Number of Buildings 3

Spa N

Lot Dimensions 17 052

Road Surface Type Asphalt

Covered Spaces 1.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1313

* Excluded Features

List By

My Home Group Real Estate

Broker

angelaycar@aol.com

Affordability Calculator

$8,791

Per Month

Monthly Principal & Interest: $8,614
Monthly Property Taxes: $177
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,124,571

Percent of Sale Price 20%

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
6/12/2026	$1,399,000		Listed Price

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1313 N 48TH Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $1,399,000. 1313 N 48TH Street is a studio with 0.0 baths and was built in 1964. The property's zip code is 85008 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 6/13/2026.

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1313 N 48TH Street

Multi-Family Home for sale in Phoenix, AZ

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