1313 N 48th Street, Phoenix, AZ 85008

$1,399,000

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List Price
$1,399,000
Days on Market
45
Status
ACTIVE
MLS#
7041284
City
Phoenix
Subdivision
Palomino Estates
Year Built
1964

Property Description

Prime multifamily investment opportunity Beautiful! well maintained and unique 4-unit + the big storage could be converted as a studio. This 4plex features a welcoming gazebo in the front yard to entertain guests, 3 units 2bed/2bath, 1 unit 2bed/1bath, Roof replace in 2024, and new AC in 2 units. Each unit has its own private patio as well as coin laundry room, build-in Bar-b cue, sparkling pool. Fully occupied by long term tenants (please don't disturb). Property is perfectly situated in Phoenix with convenient access to major freeways, super market, restaurants, and across from elementary school. Buyers and Buyer's agent to verify all facts and figures.

Additional Information

Community Features
Pool, Barbecue
Construction
Block, Painted
Cooling
Electric, Ceiling Fan(s)
Electric
SRP
Flooring
Ceramic Tile
Heating
Electric
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
Paved
Roofing
Other
Pool
Yes
Subdivision
Palomino Estates
Taxes
$2,123
Tax Year
2025
Tenant Pays
Electricity, Cable TV
Units
4
Water
City Franchise
Zoning
R-3

Mortgage Calculator

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.