$719,000

4201 E ALMERIA Road 1, Phoenix, AZ 85008

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turnkey furnished duplex investment opportunity in the heart of Phoenix! Located at 4201 E Almeria Rd, this income-producing multi-family property is currently operating as a successful short-term rental with a strong 4.79-star guest rating and 94.4% five-star reviews. With no HOA, recent major system updates, and all furnishings included, this property is ready to continue generating income from day one. The duplex offers two separate living spaces, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. Currently configured for room-by-room short-term rentals, the property provides multiple income strategies including Airbnb, corporate housing, mid-term rentals, traveling professionals, seasonal visitors, or traditional long-term tenants. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, creating a true turnkey investment opportunity. Recent improvements include HVAC replacement in Unit 1 (2021) and Unit 2 (2022), water heater replacement in Unit 1 (2023) and Unit 2 (2021), plus additional interior updates and light remodeling throughout the property. Ideally situated near Phoenix Sky Harbor International Airport, Old Town Scottsdale, Downtown Phoenix, Tempe, Arizona State University, major employment corridors, and Cactus League Spring Training facilities, this location attracts both business and leisure travelers year-round. Residents and guests enjoy convenient access to shopping, dining, entertainment, golf, freeways, and some of the Valley's most popular destinations. Whether you're seeking a cash-flowing investment property, furnished duplex, house-hacking opportunity, short-term rental portfolio addition, or multi-generational living solution, this Phoenix duplex offers flexibility, location, and proven rental performance in one of the Valley's most desirable rental markets.

Listing Status:
Active
Date Added:
May 15, 2026
Data Last Updated:
July 5, 2026 at 7:08AM
Listing Office:
Realty ONE Group : 480-285-0000
Listing Agent:
Kathaleen Patterson : 602-380-2087
MLS ID:
7029061
  • Flooring: Tile
  • A/C: Ceiling Fan(s)Electric2 or More Units
  • Heating: Electric
  • Parking: Detached GarageAdd'l Parking Avail1 Space/UnitCarportParking spaces: 4
  • Roofing: Composition
  • General: PaintedBlock
  • Road/Access: AsphaltDirt
  • Originating MLS: Arizona Regional Multiple Listing Service 2
  • School District: Balsz Elementary District
  • County: Maricopa
  • Zoning: R-312607066
  • Water: City Franchise
  • Sewer: Public Sewer
  • Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Kathaleen Patterson , Realty ONE Group

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby