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About This Home
This 8-bedroom, 0-bathroom residential multi family at 1321 N 48TH Place in Phoenix, AZ is listed for $930,000. Built in 1960, on a N/A lot.
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates.
With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. Units 1 and 2 have just been remodeled/ upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.5% CAP!
Key Features
- Built in 1960
Property Details
Amenities
Monthly Cost Estimate
$4,974/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1321 N 48TH Place
Phoenix, AZ 85008
PALOMINO ESTATES
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 1321 N 48TH Place is listed at $930,000. The estimated monthly payment is $4,030 based on 20% down at 6.5% interest.
Key features include: Built in 1960.
This property is listed by Monica Coker and can be reached at 4803071815 or info@monicacoker.com.




























