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This multifamily apartment building contains four units and is positioned in Phoenix, Arizona. The property is currently available for sale at a list price of $739,000, which reflects a basis of $184,750 per unit. Phoenix remains a major economic hub in the Southwest, characterized by a diverse labor market and consistent population growth that supports residential housing demand. The asset is situated within the 85032 zip code, a established suburban area that provides access to regional transportation corridors and essential infrastructure throughout the metro. As a compact residential investment, this building functions well for investors seeking to build or maintain a footprint in the Valley of the Sun. Its configuration and scale offer flexibility for long-term rental operations or strategic repositioning within the local housing market.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.