805 E Turney Avenue, Phoenix, AZ 85014
$925,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$925,000
Last Modified:
1/16/2025
Description
This versatile fourplex, ideally located in Midtown Phoenix, offers an incredible investment opportunity. The property has been extensively renovated inside and out.
The property includes a spacious 3-bedroom/1-bath unit, three 1-bedroom/1-bath units, and offers flexibility with fully rented market-price leases or short-term rental potential.
Located in a thriving area undergoing significant development, the property is near notable landmarks such as Fate Brewery, new townhome projects, the VA Hospital, and prestigious schools like Brophy and Xavier Prep. Its central location offers easy access to Midtown and Downtown Phoenix.
Whether looking to expand your portfolio, live in one unit while renting out the others, or leverage the short-term rental market, this turnkey fourplex is
Supplements: Whether looking to expand your portfolio, live in one unit while renting out the others, or leverage the short-term rental market, this turnkey fourplex is an opportunity you don't want to miss!
More Information MLS# 6805525
Contract Info
Current Price: $925,000
List Price: $925,000
Status: Active
List Date: 2025-01-15
Ownership: Fee Simple
Location Tax Legal
House Number: 805
Compass: E
Street Name: Turney
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4124
Country: USA
County Code: Maricopa
Subdivision: CAROLYN PLACE LOT 1-9, 46-54
Assessor Number: 155-19-030
Tax Year: 2024
General Property Description
Lot Size Dimensions: 9,605
Year Built: 1962
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: R-4
Flood Zone: No
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Jr. High School: Osborn Middle School
High School: North High School
Remarks Misc
Cross Street: 7th St & Indian School
Directions: South on SR-51, Exit West on Camelback, Turn South in 7th St, Turn East on Turney. Property is on your right.
Geo Lat: 33.499659
Geo Lon: -112.063087
Status Change Info
Status Change Date: 2025-01-15
Legal Info
Township: 2N
Range: 3E
Section: 21
Lot Number: 36
Income Expenses
Gross Annual Sch Inc: 57300
Net Operating Income: 48608
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 1058
Avg SqFt: 660
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1600
Avg SqFt: 1050
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Ceramic Tile
Sale Includes: Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Green Landscaping; Partially Fenced; Cable TV Available; Separate Storage
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher
Heating: Central
Cooling: Ceiling Fan(s); Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: 1 Space/Unit
Owner Pays: Water; Landscaping
Tenant Pays: Electric; Gas; Trash; Cable TV
Source of Fincl Data: Provided by Owner
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Rely Real Estate, LLC
Last Updated: January - 16 - 2025
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