$1,800,000
Phoenix, AZ 85032
MLS# 6968554

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Property Description
Excellent Phoenix Multifamily Investment Opportunity! Located at 3044-3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 8-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupied.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,800,000
List Price: $1,800,000
Status: Active
List Date: 2026-01-14
Location, Tax & Legal
Assessor's Map #: 37
Legal Description (Abbrev): LOT 1 EL FRESNAL MCR
Assessor's Parcel #: 27
Assessor Parcel Ltr: c
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114301
Taxes: 3082
Legal: LOT 1 EL FRESNAL MCR
Marketing Name: 3044-3048 E Beck Phoenix
House Number: 3044-48
Compass: E
Street Name: Beck
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 2715
County Code: Maricopa
Subdivision: EL FRESNAL
Assessor Number: 214-37-027-c
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 18916
Total # of Units: 8
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Elementary School: Palomino Primary School
Jr. High School: Paradise Valley High School
High School: North Canyon High School
Year Built: 1987
Zoning: R3
Legal Info
Range: c
Section: 37
Township: 214
Lot Number: 027
Project Type
Four Plex: 1
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Built-Up: 1
Floors
Laminate: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 910.11
Annual Ins Exp: 2957.72
Annual Landscape Exp: 3000
Annual Wtr/Swr Exp: 10688.16
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 20637.99
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 129150
Pmt & Rate Info
Cap Rate: 6.2
Equity: 750000
1st Encumbrance: 1050000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 1050000
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Individual: 1
Cooling
Evaporative Cooling: 1
Individual: 1
Exterior Amenities
Curb(s) & Gutter(s): 1
Tenant Pays
Gas: 1
Electricity: 1
Other (See Remarks): 1
Appliances Included
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Access Type
City Street: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
Other: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 8
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 8
Avg Rent: 1345
Avg SqFt: 1000
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 32nd STREET & GREENWAY
Geo Lat: 33.627927
Geo Lon: -112.015948
Income Expenses
Gross Annual Sch Inc: 129150
Net Operating Income: 111592
Property Features
Project Type: Four Plex; 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Built-Up
Floors: Laminate; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Curb(s) & Gutter(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating: Natural Gas; Individual
Cooling: Evaporative Cooling; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Access Type: City Street
Road Surface Type: Concrete
Owner Pays: Water; Trash Collection; Landscaping; Other
Tenant Pays: Electricity; Gas; Other (See Remarks)
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: SENW
Last Updated: January - 15 - 2026
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