$699,000
Phoenix, AZ 85027
MLS# 6860858
1 / 49
Property Description
Be the proud owner of a unique multi-unit investment property in Phoenix! Ideally situated near shopping, dining & major freeway access, this opportunity offers exceptional income potential with 3 separate parcels & a total of 4 thoughtfully remodeled units. The first parcel features a 2-bedroom, 1.5-bath unit with stylish updates & practical layout. The second parcel includes a well-appointed 2-bedroom, 2-bath unit, while the third parcel boasts two spacious 2-bedroom, 2-bath units—each designed with comfort & functionality in mind. All units are move-in ready with modern finishes, updated flooring, essential appliances & inviting living spaces that feel like home. 3 units are currently occupied by long-term, month-to-month family tenants, with room to increase to current market rents
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $699,000
List Price: $699,000
Status: Active
List Date: 2025-05-01
Location, Tax & Legal
Assessor's Map #: 4
Legal Description (Abbrev): S 152.5F OF N 330F LOT 30 EX E 220F TH/OF
Assessor's Parcel #: 7
Assessor Parcel Ltr: P
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 614500
Taxes: 1170
Legal: S 152.5F OF N 330F LOT 30 EX E 220F TH/OF, SEE SREMI-PRIVATE REMARKS FOR LEGAL DESCRIPTIONS OF OTHER 2 PARCELS
Marketing Name: N/A
House Number: 2819
Compass: W
Street Name: LOUISE
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85027
Zip4: 1762
County Code: Maricopa
Subdivision: DEER VALLEY
Assessor Number: 206-04-007-P
Tax Year: 2024
General Property Description
# of Buildings: 4
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 151' X 109' SEE REMARKS FOR INDIVIDUAL LOT SIZES
Total # of Units: 4
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Elementary School: Paseo Hills School
Jr. High School: Paseo Hills School
High School: Barry Goldwater High School
Year Built: 1972
Zoning: R-4A
Legal Info
Range: 2E
Section: 14
Township: 4N
Lot Number: 30
Project Type
Four Plex: 1
Other Type
Packaged Offering: 1
Construction
Wood Frame: 1
Const - Finish
Aluminum Siding: 1
Steel Siding: 1
Painted: 1
Stucco: 1
Roofing
Composition: 1
Rolled: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1170
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 699000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exterior Amenities
Green Landscaping: 1
Fenced: 1
Partially Fenced: 1
Cable TV Available: 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Tenant Pays
Gas: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
W/D Hookup: 1
Road Access Type
Dedicated Street: 1
Private Road: 1
Road Surface Type
Dirt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Septic Tank: 1
Septic-In & Connected: 1
Parking Features
>1 Space Per Unit: 1
Paved: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
Water: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1800
Avg SqFt: 1800
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Deer Valley Rd & Black Cyn Hwy
Directions: Head west on W Deer Valley Rd, Turn right onto N 27th Ave, Turn left onto W Louise Dr. Property will be on the left.
Geo Lat: 33.684931
Geo Lon: -112.120468
Property Features
Project Type: Four Plex
Other Type: Packaged Offering
Construction: Wood Frame
Const - Finish: Aluminum Siding; Steel Siding; Painted; Stucco
Roofing: Composition; Rolled
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Green Landscaping; Fenced; Partially Fenced; Cable TV Available; Patio/Balcony; Separate Storage
Interior Features: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Refrigerator; Dishwasher; Disposal; W/D Hookup
Heating: Natural Gas; Central
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise; Master Meter
Sewer: Septic Tank; Septic-In & Connected
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: >1 Space Per Unit; Paved
Road Access Type: Dedicated Street; Private Road
Road Surface Type: Gravel; Dirt
Owner Pays: Water
Tenant Pays: Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Supplements
Each unit includes its own dedicated parking, generous bedrooms, and bright, open living areas perfect for relaxing or entertaining. Whether you're looking for a strong cash-flow asset or future development flexibility, this property delivers. Don't miss out on this rare investment opportunity!
Listing Office: Real Broker
Last Updated: December - 19 - 2025
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