4221 E MAGNOLIA Street Phoenix, AZ ^$ 950,000

4221 E MAGNOLIA Street

^$ 950,000

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Recently Listed

4221 E MAGNOLIA Street

Phoenix, AZ, 85034

^$ 950,000

Studio Baths0.0

Monthly Estimate*

^$ 5,998

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 1

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 2

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 3

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 4

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 5

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 6

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 7

4221 E MAGNOLIA Street, Phoenix, AZ 85034 - Image 8

Studio

Multi-Family Home for sale in Phoenix, AZ

for $950,000. This home was built in 1953.

Great Potential. Heavy Industrial Zoning or can also be used as a Multi-Dwelling Unit. Home has a apartment for secondary living. Large covered Carport and Spacious Lot size. Potential is endless with Commercial Zoning in place. This can also be used as a Group Home or Senior Housing.

Multi-Family Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,064

Style

Multiple Dwellings

Year Built

1953

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7050686

Features

General

Sewer Septic in & Cnctd

Heating Electric

Cooling Heat Pump

Roof Composition

Zoning A2

Construction Materials Stucco Block

Year Built 1953

Electric SRP

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 259200.0

Community Features No Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 7464.0

Insurance Expense 1400.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 0.0

Subdivision Name Okemah Haven

Garage Y/N N

Status Active

Directions From University and 40th Street head North on 40th street then turn right on Magnolia after you pass 42nd Street home will be on you're right hand side.

High School Tempe High School

City Phoenix

Disclosures None

High School District Tempe Union High School District

Open Parking Spaces 4.0

Number Of Units Total 2

Carport Y/N N

Elementary School Tempe Elementary Online Community

Tax Annual Amount 2064.0

Electric Expense 3600.0

Fuel Expense 400.0

Middle/Junior High School Tempe Elementary Online Community

Trash Expense 0.0

Water Sewer Expense 0.0

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 Tempe School District

Tax Lot 20

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Carpet Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Attached Carport 1 Space/Unit Carport

Water Source City Franchise

Total Parking 10.0

Number of Buildings 1

Spa N

Lot Dimensions 136X60

Road Surface Type Asphalt

Covered Spaces 6.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4221

* Excluded Features

List By

Homesmart

Broker

camillelicon@yahoo.com

Affordability Calculator

$6,170

Per Month

Monthly Principal & Interest: $5,998
Monthly Property Taxes: $172
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$1,088,355

Percent of Sale Price 15%

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.

4900615 Elementary School

4900615 Middle School

Tempe High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/7/2026	$950,000		Listed Price

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4221 E MAGNOLIA Street, Phoenix, AZ, 85034 is a Multi-Family Home for sale at $950,000. 4221 E MAGNOLIA Street is a studio with 0.0 baths and was built in 1953. The property's zip code is 85034 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/7/2026.

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4221 E MAGNOLIA Street

Multi-Family Home for sale in Phoenix, AZ

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