6249 N LITCHFIELD Road, Litchfield Park, AZ 85340
Multi-Family Home
Built in 1957
—— sqft lot
—— car garage
$——/sqft
Listed 29 days ago
Property Description
6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43,200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ' opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 × 4 units = $3,600/month * Annual = $43,200 Scenario 1 - Moderate Increase ($1,050/unit): * $1,050 × 4 = $4,200/month * Annual = $50,400 * + $7,200/year increase Scenario 2 - Market Alignment ($1,200/unit): * $1,200 × 4 = $4,800/month * Annual = $57,600 * + $14,400/year increase
- Listing Status:
- Active
- Date Added:
- April 20, 2026
- Data Last Updated:
- May 20, 2026 at 8:09PM
- Listing Office:
- My Home Group Real Estate : 480-685-2760
- Listing Agent:
- Cecilia Mulroy : 602-577-5797
- MLS ID:
- 7016981

- Parking: Off StreetRV Access/ParkingFree1 Space/Unit<1 Space Per UnitOn StreetBoatParking spaces: 8
- Roofing: CompositionRolled/Hot Mop
- General: Wood FramePaintedBlock
- Road/Access: ConcreteDirtGravel
- Originating MLS: Arizona Regional Multiple Listing Service 2
- School District: Litchfield Elementary District
- County: Maricopa
- Zoning: [M-H]50113091D
- Water: Private
- Sewer: Septic in & CnctdSeptic Tank
- Source: Arizona Regional Multiple Listing Service 2
This listing courtesy of Cecilia Mulroy , My Home Group Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
