For Sale Multi-Family MLS# 7029061

4201 E ALMERIA Road 1

Phoenix, AZ 85008

$719,000

About 4201 E ALMERIA Road 1

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA

Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform.

The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants.

Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout.

Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers.

With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1969
Original price
$719,000
MLS #
7029061

Interior

Features
Ceiling Fan(s), Electric, 2 or More Units, Electric, Tile
Flooring
Tile
Heating
Electric
Cooling
Ceiling Fan(s), Electric, 2 or More Units

Exterior & lot

Features
Detached Garage, Add'l Parking Avail, 1 Space/Unit, Carport, Parking spaces: 4
Construction
Painted, Block, Composition
Roof
Composition
Lot
R-3, 12607066
Parking
Detached Garage, Add'l Parking Avail, 1 Space/Unit, Carport

Schools

District
Balsz Elementary District
Elementary
Brunson-Lee Elementary School
Middle
Pat Tillman Middle School
High
Camelback High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,137
Tax year
2025
Parcel
12607066

Location

Subdivision
ELLA LEE
County
Maricopa
Community
Maricopa, Asphalt, Dirt, Arizona Regional Multiple Listing Service 2, Balsz Elementary District
Directions
McDowell Rd to 41st Place | North on 41st Pl to Almeria Rd | Right on Almeria Rd to 5th property on the right.

Location

Neighborhood
ELLA LEE
School district
Balsz Elementary District

Ask about this property

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Listed by Kathaleen Patterson, Realty ONE Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.