For sale

$699,000

Est. $4,054/mo —

•

4 ba

•

—

sq ft

4201 E Almeria Rd #1, Phoenix, AZ 85008

About this home

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.

Multi-familyProperty Type

1969Year Built

4 spacesParking

Listed by Kathaleen Patterson • Realty ONE Group

Listing updated: Sep 21, 2026 at 04:22pm

Redfin checked: 5 minutes ago

•Source:ARMLS #7029061

Payment calculator

$4,054 per month

Principal and interest$3,767

Property taxes

$95

HOA dues

Home insurance

$192

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 11AM TO 3PM
$1,699,900
5 beds4 baths3,215 sq ft
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OPEN TODAY, 3PM TO 6PM3D WALKTHROUGH
$1,450,000
3 beds2 baths1,674 sq ft
4562 E Calle Redonda --, Phoenix, AZ 85018
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OPEN FRI, 2PM TO 5PM3D WALKTHROUGH
$2,999,888
5 beds3.5 baths4,054 sq ft
12129 N 114th Way, Scottsdale, AZ 85259
0.67 acre lot • 3 garage spots • Pool
OPEN FRI, 2:30PM TO 5:30PM
$1,450,000
4 beds3 baths2,432 sq ft
10630 N 44th St, Phoenix, AZ 85028
0.4 acre lot • 2 garage spots • Pool
OPEN SAT, 10AM TO 1PM
$1,200,000
4 beds3.5 baths3,188 sq ft
3126 E Flower St, Phoenix, AZ 85016
7,884 sq ft lot • 2 garage spots • Built 2019
REDFIN OPEN SAT, 11AM TO 2PM3D WALKTHROUGH
$565,000
3 beds2 baths1,691 sq ft
7008 N 14th Pl, Phoenix, AZ 85020
9,361 sq ft lot • 3 parking spots • Built 1952
OPEN SAT, 11AM TO 2PM
$2,150,000
5 beds5 baths5,961 sq ft
211 W Kaler Dr, Phoenix, AZ 85021
0.41 acre lot • 3 garage spots • Pool
OPEN SAT, 1:30PM TO 3:30PMVIDEO TOUR
$550,000
4 beds2 baths1,839 sq ft
2058 E Fremont Dr, Tempe, AZ 85282
8,263 sq ft lot • 2 garage spots • Pool
REDFIN OPEN SUN, 11AM TO 2PM3D & VIDEO TOUR
$349,900
4 beds2 baths2,420 sq ft
3944 W Montebello Ave, Phoenix, AZ 85019
8,067 sq ft lot • 2 garage spots • Built 1966
REDFIN OPEN SUN, 12PM TO 3PM3D WALKTHROUGH
$699,900
4 beds2 baths1,992 sq ft
1097 E Carter Dr, Tempe, AZ 85282
8,655 sq ft lot • 2 garage spots • Pool

Around this home

Schools

K - 12
Preschool & daycare

Pat Tillman Middle School

Public PreK-8 • Assigned • 0.4mi

3/10

Camelback High School

Public 9-12 • Assigned • 3.3mi

3/10

Provided by GreatSchools

About Camelback

East

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

The average home goes pending in 106 days.

SALE-TO-LIST

Most homes are selling 6% below list price.

LIST PRICE

Median list price in this area is $654,293. (6% lower than this home)

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

Sale and tax history for 4201 E Almeria Rd #1

Sale History
Tax History

Date

Event

Price

ARMLS #7029061

Sep 21, 2026

Price Changed

$699,000

May 15, 2026

Listed

$719,000

ARMLS #5882631

Mar 15, 2019

Sold

$230,000

Mar 2, 2019

Pending

—

Feb 28, 2019

Relisted

—

Feb 19, 2019

Pending

—

Feb 13, 2019

Listed

$240,000

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.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Maricopa County

APN

126-07-066

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

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)

106

107

108

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.

SOLD OCT 9, 2026
$640,000 Last sold price
3 beds2 baths1,936 sq ft
2528 N 48th Pl N, Phoenix, AZ 85008
12 years older
SOLD AUG 27, 2026
$571,000 Last sold price
4 beds3 baths1,932 sq ft
3713 E Harvard St, Phoenix, AZ 85008
15 years older
SOLD JAN 16, 2026
$600,000 Last sold price
4 beds2 baths2,553 sq ft
3743 E Coronado Rd, Phoenix, AZ 85008
8 years older
SOLD MAR 31, 2026
$839,000 Last sold price
5 beds3 baths1,710 sq ft
2231 N 38th Way, Phoenix, AZ 85008
14 years older
SOLD JUN 5, 2026
$460,000 Last sold price
5 beds2 baths2,137 sq ft
1923 N 44th Pl, Phoenix, AZ 85008
14 years older
SOLD JUN 19, 2026
$559,000 Last sold price
3 beds2 baths2,161 sq ft
3930 E Oak St, Phoenix, AZ 85008
14 years older

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Details provided by ARMLS and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 4201 E Almeria Rd #1

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 4201 E Almeria Rd #1

Early Access listings

Nearby similar homes

New listings for sale in 85008

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