Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.
Camelback East, located between Piestewa Peak and Papago Park, is a residential and commercial Phoenix neighborhood with mid-century ranch streetscapes and mountain-framed desert views. The neighborhood’s character concentrates around 40th Street and Camelback Road, where patios, boutiques, and coffee counters set a steady, walkable rhythm. The Henry anchors the scene with a polished dining room and lively bar. The global galleries and design-forward campus at Phoenix Art Museum add cultural gravity nearby. Arcadia’s citrus-era grid and Biltmore-area modernism shape the architecture, from low-slung homes to sleek condos. Trailheads and canal paths thread daily routines with outdoor time.
Provided by Walk Score and Local Logic
Market insights
4201 E Almeria Rd #1 · $699,000
DAYS ON MARKET
172 days
The average home goes pending in 106 days.
SALE-TO-LIST
93.7%
Most homes are selling 6% below list price.
LIST PRICE
$699,000
Median list price in this area is $654,293. (6% lower than this home)
PRICE DROP
1 price drop
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Disposal
Tile flooring
Bedrooms
One 2‑bedroom furnished unit
Bathrooms
Total of 4 bathrooms
Kitchen
Free‑standing range
Dishwasher
Refrigerator
Microwave
Laundry & utility
Washer and dryer included
Flooring
Tile
Heating & cooling
Electric heating
Ceiling fans
Electric cooling with 2 or more units
Exterior features
Barbecue area
Exercise room (community)
Heated spa(s) (community)
Security light(s)
Home design
Fee simple ownership
Single building on property
Parking
4 total parking spaces
2 covered spaces
2 open spaces
Detached garage
Carport
Additional parking available
1 space per unit
Security
Security light(s)
Construction
Painted block construction
Composition roof
Utilities
Electric service: SRP
Public sewer
Water: City franchise
HOA & community
Community barbecue
On‑site exercise room
Heated spa(s)
Electricity and solar
View estimated energy costs and solar savings for this home
Fantastic duplex, fully rented with month to month tenants! One unit is a 2 bedroom, 1 bath and the other is a 2 bed/2bath (1,975 total sq ft). Each unit has their own backyard and storage area, with one of the units having an addtional storage shed off their yard. Courtyard area between the units, carport, located by a culdasac and great freeway access. Add this property to your investment portfolio or live in one side and keep the other rented out.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
126-07-066
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Dec 11, 2020.
R-3
44TH STREET SP
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
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
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, 19 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
89
64
77
52
74
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Phoenix. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4201 E Almeria Rd #1
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $460,000 and $839,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $460K to $839K.