TURN-KEY INVESTOR SPECIAL!!! CASHFLOW DAY 1! 13% cap rate with expenses. Both units are 2 bed/2 bath. Good tenants on 12 month or more lease terms, paying $625 or more per month. Both units are tile/carpet with new paint, fixtures and cabinets. Well maintained. Great location close to the shopping, restaurants, downtown and schools. This property is ready to go. Private funds available for purchase with 50% down.
Multi-familyProperty Type
1959Year Built
6,162 sq ftLot Size
4 spacesParking
Listed by Jason Harrell• Look Inside Realty, LLC
Bought with Sandra Gyger• 1st USA Realty Professionals
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
6,194 Sq. Ft.
Year renovated
1959
Sq. Ft.
1,768
Year built
1959
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
12607080
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
R-3
44TH STREET SP
44TH STREET CORRIDOR SPECIFIC PLAN
Multifamily Residence District
The purpose of the multifamily residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes.; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
Zone overlays
44th Street Corridor Specific Plan
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
Property details
Parking
Parking Information
Parking Total: 4
Open Parking Spaces: 2
Covered Spaces: 2
Parking Features: Assigned, <1 Space Per Unit, Carport
Interior
Heating & Cooling
Has Heating
Cooling: Central Air, Ceiling Fan(s), Electric, Individual
High School District: Phoenix Union High School District
Elementary School District: Creighton Elementary District
Location Information
Directions: North on Mcdowell to Palm Lane. West on Palm Lane to 42nd Street. Corner home on 42nd Street/Palm Lane. One unit faces Palm Lane and the other faces 42nd Street.
Community Information
Community Features: No Pool
Utility Information
Electric: SRP
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,768
Stories: 1.0
Lot Size: 6,194 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1959
Year Renovated: 1959
County: Maricopa County
APN: 12607080
Home facts updated by county records on Sep 25, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Griffith Elementary School
Public K-5 • Assigned • 0.4mi
3/10
Pat Tillman Middle School
Public PreK-8 • Assigned • 0.6mi
3/10
Camelback High School
Public 9-12 • Assigned • 3.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 112° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Phoenix, AZ • 85008
Average low and high temperatures (°F)
69
45
78
52
85
58
87
61
95
69
106
79
107
84
108
85
99
77
92
66
77
52
74
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.5 hours in
June and 7.7 hours in December, placing it above the
U.S. average for solar exposure.
13.5 hrs
7.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$451,000 – $546,000
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