For Sale Multi-Family MLS# 6810283

939 E TURNEY Avenue

Phoenix, AZ 85014

$1,334,000

About 939 E TURNEY Avenue

Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1946
Original price
$1,395,000
MLS #
6810283

Interior

Features
Central Air, Ceiling Fan(s), Central, Electric, Concrete
Flooring
Concrete
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s)

Exterior & lot

Features
Paved, Add'l Parking Avail, 1 Space/Unit, On Street, Parking spaces: 6
Construction
Painted, Block, Brick, Composition
Roof
Composition
Lot
R-3, 15514015
Parking
Paved, Add'l Parking Avail, 1 Space/Unit, On Street

Schools

District
Osborn Elementary District
Elementary
Longview Elementary School
Middle
Longview Elementary School
High
Central High School

Utilities

Utilities
Sewer-In & Connected, Public Sewer, Individual Meter, City Franchise
Water
Individual Meter, City Franchise
Sewer
Sewer-In & Connected, Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,491
Tax year
2024
Parcel
15514015

Location

Subdivision
CAROLYN PLACE
County
Maricopa
Neighborhood
Madison Park
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Osborn Elementary District
Directions
From E Indian School Rd Turn Right onto N 12th St, Turn Left onto E Turney Ave, Property is on the left.

Location

Neighborhood
Madison Park
Subdivision
CAROLYN PLACE
School district
Osborn Elementary District

Ask about this property

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Listed by John Fagundes, AZREAPM

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.