This is a wonderful opportunity for various kinds of investors. This 4 plex provides strong cash flow, operational stability, rental rate upside potential, and value-add components. This 4 plex runs very smoothly and the tenancy has been professionally placed and managed.
Multi-familyProperty Type
1963Year Built
9,583 sq ftLot Size
$160Est. Price/Sq.Ft.
4 spacesParking
Listed by Zackarie Mishkin• Orion Investment Real Estate
Bought with Gibram Napoles• Realty ONE Group
Source:ARMLS #5756681
Redfin Estimate
$577,530
$22K since sold in March 2022$0 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 25% higher than the average sale price ($462K) of 6 comparable homes.
This is a wonderful opportunity for various kinds of investors. This 4 plex provides strong cash flow, operational stability, rental rate upside potential, and value-add components. This 4 plex runs very smoothly and the tenancy has been professionally placed and managed.
ARMLS #5606551
Jun 22, 2017
Listing Removed
—
May 17, 2017
Listed
$279,900
$78/sq ft
Public Records
Dec 31, 2013
Sold
$165,000
$46/sq ft
ARMLS #4140853
Aug 5, 2009
Sold
$105,000
$29/sq ft
Mar 19, 2009
Listing Removed
—
Mar 16, 2009
Listed
$129,000
$36/sq ft
Public Records
Jun 16, 2006
Sold
$379,900
$106/sq ft
ARMLS #2445246
Mar 31, 2006
Sold
$375,000
$104/sq ft
Jan 24, 2006
Listing Removed
—
Jan 7, 2006
Listed
$376,900
$105/sq ft
ARMLS #2245734
Mar 8, 2005
Sold
$320,000
$89/sq ft
Feb 23, 2005
Listing Removed
—
Jan 1, 2005
Listed
$329,000
$91/sq ft
Public Records
Sep 3, 2004
Sold
$265,000
$74/sq ft
ARMLS #2149483
Jul 7, 2004
Sold
$265,000
$74/sq ft
Jun 1, 2004
Listing Removed
—
May 22, 2004
Listed
$262,500
$73/sq ft
Public Records
Jan 30, 2004
Sold
$212,250
$59/sq ft
Public Records
Oct 30, 2001
Sold
$1,740,000
$483/sq ft
Public Records
Oct 30, 2001
Sold
$186,000
$52/sq ft
Public Records
Nov 7, 1997
Sold
$1,400,000
$389/sq ft
Public Records
Jun 5, 1987
Sold
$1,100,000
$306/sq ft
Public Records
Sep 17, 1984
Sold
$905,000
$251/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,825 (+3.9%)
2024
$1,757 (+1.8%)
2023
$1,725 (+3.4%)
2022
$1,668 (−1.3%)
$5,290 + $21,170
$26,460
2021
$1,690 (+2.6%)
$4,960 + $19,850
$24,810
2020
$1,648 (+1.9%)
$4,560 + $18,250
$22,810
2019
$1,618 (+2.7%)
$3,980 + $15,950
$19,930
2018
$1,575 (+0.5%)
$3,980 + $15,950
$19,930
2017
$1,567 (+1.9%)
$3,050 + $12,220
$15,270
2016
$1,538 (+7.9%)
$2,950 + $11,810
$14,760
2015
$1,425 (−6.1%)
$2,890 + $11,560
$14,450
2014
$1,517 (+26.0%)
$2,290 + $9,190
$11,480
2013
$1,204 (+0.3%)
$1,470 + $5,900
$7,370
2012
$1,201 (+4.1%)
$1,680 + $6,730
$8,410
2011
$1,153 (−37.1%)
$1,720 + $6,900
$8,620
2010
$1,832 (−19.6%)
$3,410 + $13,670
$17,080
2009
$2,280
$5,670 + $22,680
$28,350
Tax history for 2032 W Cactus Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,825 (+3.9%)
2024
$1,757 (+1.8%)
2023
$1,725 (+3.4%)
2022
$1,668 (−1.3%)
$5,290 + $21,170
$26,460
2021
$1,690 (+2.6%)
$4,960 + $19,850
$24,810
2020
$1,648 (+1.9%)
$4,560 + $18,250
$22,810
2019
$1,618 (+2.7%)
$3,980 + $15,950
$19,930
2018
$1,575 (+0.5%)
$3,980 + $15,950
$19,930
2017
$1,567 (+1.9%)
$3,050 + $12,220
$15,270
2016
$1,538 (+7.9%)
$2,950 + $11,810
$14,760
2015
$1,425 (−6.1%)
$2,890 + $11,560
$14,450
2014
$1,517 (+26.0%)
$2,290 + $9,190
$11,480
2013
$1,204 (+0.3%)
$1,470 + $5,900
$7,370
2012
$1,201 (+4.1%)
$1,680 + $6,730
$8,410
2011
$1,153 (−37.1%)
$1,720 + $6,900
$8,620
2010
$1,832 (−19.6%)
$3,410 + $13,670
$17,080
2009
$2,280
$5,670 + $22,680
$28,350
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
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.
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
Property details
Interior
Heating & Cooling
Air Conditioning Type: Package
Heating Type: Package
Exterior
Exterior Information
Construction Type: Concrete
Building Construction Quality: Fair
Exterior Wall: Concrete Block
Roof Covering Type: Built Up Composition
Roof Shape Type: Built Up Composition
Building Type: Triplex
Building Improvement Type: Triplex
Property Information
Ground Floor Sq. Ft: 3,600
Building Sq. Ft: 3,600
# of Stories: 1
Legal Description: PT S2 SE4 SE4 SEC 13 DAF BEG SE COR SD W2 SE4 SE4 TH W 255.5F TH N 322.01F TO POB TH N 94F TH E 102.75F TH S 94F TH W 102.75F TO POB
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,583
Municipality Name: PHOENIX
Acres: 0.22
Zoning Code: R-3
State Use Description: FOURPLEX
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,600
Stories: 1.0
Lot Size: 9,583 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1963
Year Renovated: 1963
County: Maricopa County
APN: 14904022
Home facts updated by county records on Jul 8, 2026
Around this home
Schools
Shaw Butte School
Public PreK-6 • Assigned • 0.1mi
5/10
Mountain Sky Middle School
Public 7-8 • Assigned • 2.7mi
5/10
Thunderbird High School
Public 9-12 • Assigned • 1.1mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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