1241 E HATCHER Road Phoenix, AZ ^$ 795,000

1241 E HATCHER Road

^$ 795,000

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Recently Listed

1241 E HATCHER Road

Phoenix, AZ, 85020

^$ 795,000

Bedrooms8 Baths0.0

Monthly Estimate*

^$ 5,491

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Multi-Family Home for sale in Phoenix, AZ

for $795,000 with 8 bedrooms. This home was built in 1985.

Turnkey Cash Cow 4 Plex in North Phoenix, Beautiful Mountain Views and Adjacent to Popular Norton Park With Residential All Around. 4 Large 2 Bedroom 1 Bath Units with In Suite Laundry, Private Patios/Yards, Security Doors, All Tile, Updated Kitchens and Bathrooms. All AC Units +/- 4 years Old, Roof Maintained and in Good Condition, Lots of Parking, Low Expenses. All Facts and Figures approximate, buyer to verify to their own satisfaction.

Multi-Family Active

Price

^$ 795,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,567

Style

Multiple Dwellings

Year Built

1985

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7105080

Features

General

Sewer Public Sewer

Heating Varies by Unit Heat Pump

Cooling Heat Pump

Roof Composition

Zoning R-3

Construction Materials Stucco Block

Year Built 1985

Electric APS

Township 3N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 64740.0

Community Features Other

County Maricopa

Net Operating Income 55379.0

Operating Expense 9361.0

Insurance Expense 1866.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 3000.0

Garage Y/N N

Status Active

Directions North on 12th St to Hatcher Rd East to Property on the South Side of the Street

City Phoenix

Disclosures None

High School District Glendale Union High School District

Open Parking Spaces 8.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 1567.0

Water Sewer Expense 2928.0

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

Tax Lot 0

Cap Rate 6.97

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Bedrooms 8

Total Baths 4

Exterior

Parking Features >1 Space Per Unit

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 136 X 80

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1241

* Excluded Features

List By

Better Homes & Gardens Real Estate Sj Fowler

Broker

eric@azapartments.com

Affordability Calculator

$5,621

Per Month

Monthly Principal & Interest: $5,491
Monthly Property Taxes: $131
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,122,470

Percent of Sale Price 41%

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.

4327134 Elementary School

4327258 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/11/2026	$795,000		Listed Price

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1241 E HATCHER Road, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $795,000. 1241 E HATCHER Road has 8 bedrooms, 0.0 baths, and was built in 1985. The property's zip code is 85020 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 11/11/2026.

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1241 E HATCHER Road

Multi-Family Home for sale in Phoenix, AZ

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