434 N 42ND Street Phoenix, AZ ^$ 550,000

434 N 42ND Street

^$ 550,000

Back to search

Recently Listed

434 N 42ND Street

Phoenix, AZ, 85008

^$ 550,000

Bedrooms4 Baths0.0

Monthly Estimate*

^$ 3,799

434 N 42ND Street, Phoenix, AZ 85008 - Image 1

434 N 42ND Street, Phoenix, AZ 85008 - Image 2

434 N 42ND Street, Phoenix, AZ 85008 - Image 3

434 N 42ND Street, Phoenix, AZ 85008 - Image 4

434 N 42ND Street, Phoenix, AZ 85008 - Image 5

434 N 42ND Street, Phoenix, AZ 85008 - Image 6

434 N 42ND Street, Phoenix, AZ 85008 - Image 7

434 N 42ND Street, Phoenix, AZ 85008 - Image 8

434 N 42ND Street, Phoenix, AZ 85008 - Image 9

434 N 42ND Street, Phoenix, AZ 85008 - Image 10

434 N 42ND Street, Phoenix, AZ 85008 - Image 11

434 N 42ND Street, Phoenix, AZ 85008 - Image 12

434 N 42ND Street, Phoenix, AZ 85008 - Image 13

434 N 42ND Street, Phoenix, AZ 85008 - Image 14

434 N 42ND Street, Phoenix, AZ 85008 - Image 15

434 N 42ND Street, Phoenix, AZ 85008 - Image 16

434 N 42ND Street, Phoenix, AZ 85008 - Image 17

434 N 42ND Street, Phoenix, AZ 85008 - Image 18

434 N 42ND Street, Phoenix, AZ 85008 - Image 19

434 N 42ND Street, Phoenix, AZ 85008 - Image 20

434 N 42ND Street, Phoenix, AZ 85008 - Image 21

434 N 42ND Street, Phoenix, AZ 85008 - Image 22

434 N 42ND Street, Phoenix, AZ 85008 - Image 23

434 N 42ND Street, Phoenix, AZ 85008 - Image 24

434 N 42ND Street, Phoenix, AZ 85008 - Image 25

434 N 42ND Street, Phoenix, AZ 85008 - Image 26

434 N 42ND Street, Phoenix, AZ 85008 - Image 27

434 N 42ND Street, Phoenix, AZ 85008 - Image 28

434 N 42ND Street, Phoenix, AZ 85008 - Image 29

434 N 42ND Street, Phoenix, AZ 85008 - Image 30

434 N 42ND Street, Phoenix, AZ 85008 - Image 31

434 N 42ND Street, Phoenix, AZ 85008 - Image 32

434 N 42ND Street, Phoenix, AZ 85008 - Image 33

434 N 42ND Street, Phoenix, AZ 85008 - Image 34

434 N 42ND Street, Phoenix, AZ 85008 - Image 35

434 N 42ND Street, Phoenix, AZ 85008 - Image 36

434 N 42ND Street, Phoenix, AZ 85008 - Image 37

434 N 42ND Street, Phoenix, AZ 85008 - Image 38

434 N 42ND Street, Phoenix, AZ 85008 - Image 39

434 N 42ND Street, Phoenix, AZ 85008 - Image 40

Multi-Family Home for sale in Phoenix, AZ

for $550,000 with 4 bedrooms. This home was built in 1947.

Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent location central to Downtown Phoenix, Tempe ASU, Arcadia, Scottsdale. All units updated in 2020 including floors, kitchen, bathroom, roof, mini-splits/window units. Opportunity to increase monthly rental income. Drive by only DO NOT Disturb tenants.

Multi-Family Active

Price

^$ 550,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 754

Style

Multiple Dwellings

Year Built

1947

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7081512

Features

General

Sewer Public Sewer

Heating Electric

Cooling Window/Wall Unit Varies by Unit

Roof Rolled/Hot Mop

Zoning R-3

Construction Materials Painted Stucco Block

Year Built 1947

Electric APS

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 41699.0

Community Features No Pool

County Maricopa

Net Operating Income 27626.0

Operating Expense 11234.0

Insurance Expense 2460.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 820.0

Subdivision Name LANCASTER MANORS

Garage Y/N N

Status Active

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 754.0

Electric Expense 4800.0

Trash Expense 0.0

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 Balsz Elementary District

Tax Lot 59

Cap Rate 5.02

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Bedrooms 4

Total Baths 4

Exterior

Parking Features Other 1 Space/Unit

Water Source City Franchise

Total Parking 4.0

Number of Buildings 2

Spa N

Lot Dimensions 60 X 109

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 434

* Excluded Features

List By

My Home Group Real Estate

Broker

katianns@gmail.com

Affordability Calculator

$3,862

Per Month

Monthly Principal & Interest: $3,799
Monthly Property Taxes: $63
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,158,378

Percent of Sale Price 111%

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
9/17/2026	$550,000		Listed Price

Map

More homes like this one

homes for you

See all

434 N 42ND Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $550,000. 434 N 42ND Street has 4 bedrooms, 0.0 baths, and was built in 1947. 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 7.375% 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.

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 10/7/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

434 N 42ND Street

Multi-Family Home for sale in Phoenix, AZ

Affordability Calculator

Map

More homes like this one

Get more info about this home