$750,000

2444 E WILLETTA Street 4, Phoenix, AZ 85008

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. All facts and figures are approximate buyer verify MLS info Owner Broker

Listing Status:
Active
Date Added:
July 24, 2026
Data Last Updated:
August 15, 2026 at 4:06AM
Listing Office:
Real Broker : 602-755-3415
Listing Agent:
Sophia J Willets : 561-269-9525
MLS ID:
7058509
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central
  • Parking: OtherParking spaces: 8
  • Roofing: Composition
  • General: Wood FramePaintedStucco
  • Road/Access: Asphalt
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Creighton Elementary District
  • County: Maricopa
  • Zoning: R-312178035A
  • Water: City Franchise
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Sophia J Willets , Real Broker

Monthly Payment

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

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Location

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