$599,000

2018 W CACTUS Road, Phoenix, AZ 85029

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

Listing Status:
Active
Date Added:
December 4, 2025 at 06:00AM
Listing Office:
eXp Realty : 480-420-4455
Listing Agent:
John P Galaviz : 602-902-1490
MLS ID:
6953868
  • A/C: ElectricIndividual
  • Heating: IndividualHeat PumpElectric
  • Parking: Assigned1 Space/UnitParking spaces: 4
  • Roofing: Built-Up
  • General: PaintedBlock
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Washington Elementary School District
  • County: Maricopa
  • Zoning: Multifamily14904015
  • Water: City Franchise
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of John P Galaviz, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thunderbird High School

1750 W Thunderbird Rd, Phoenix, AZ, 85023

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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