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About This Home

This 4-bedroom, 0-bathroom residential multi family at 4201 E ALMERIA Road in Phoenix, AZ is listed for $719,000. Built in 1969, on a N/A lot.

Agent 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 stra

tegies 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 Unive

rsity, 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.

Key Features

  • Built in 1969

Property Details

3 full
#1
1969

Amenities

A/C

Monthly Cost Estimate

$3,845/mo

20% down · 6.5% · 30 years

Principal$520
Interest$3,116
Insurance$210

Estimates only. Actual payments may vary.

Location

4201 E ALMERIA Road

Phoenix, AZ 85008

ELLA LEE

Property Details

Flooring

Tile

Construction

Painted Block

Parking

Garage - DetachedCarport

Heating

Electric (Heating)

Cooling

ElectricCeiling Fan(s)Multi Units

Appliances

Free-Standing RangeDisposalDishwasherRefrigeratorMicrowaveWasher/Dryer

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 4201 E ALMERIA Road is listed at $719,000. The estimated monthly payment is $3,116 based on 20% down at 6.5% interest.

Key features include: Built in 1969.

This property is listed by Kathaleen Patterson and can be reached at 6023802087 or kpattersonhomesaz@gmail.com.

KP

Kathaleen Patterson

Agent at Realty ONE Group

(602) 380-2087

Listed by Realty ONE Group · View on Broker Site

MLS# 7029061· Source: listhub· Updated 42 days ago

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4201 E ALMERIA Road, Phoenix, AZ 85008

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