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Fourplex Residential Income Property

1001 N 32ND Avenue Phoenix, AZ 85009

Claim this Listing
For Sale
$629,999

MULTI_FAMILY - Phoenix, AZ

Added:
May 22, 2026
Days on Market:
52
Last Refresh:
Jul 12 at 4:06 am

Property Features for 1001 N 32ND Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
8
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 8
Exterior features
Sidewalk(s)
Appliances
Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave
Standard status
Active
APN
109-14-044-B

Taxes and HOA fees

Tax Year
2025
Tax Description
EL RETIRO MCR 32-9 LOT 12 BLK 4 W 83.035F TH/OF EX S 10F & EX PT BOUNDED ON W BY W LN OF SD LOT & 0
Tax Annual Amount
1173

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central, Hot Water(Heating)
Cooling system
Central Air, Ceiling Fan(s), Electric

Building Details

Year built
1984
Number of units
4
Flooring type
Vinyl, Laminate, Tile
Building materials
Cement Siding, Block
Roof type
Composition

Listing agent Nefertari Thomas License #SA626672000

Listing office My Home Group Real Estate 8360 E Raintree Dr #120, Scottsdale, AZ

Listing date May 22, 2026

MLS# 7032228 Listing URL

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.


Investment Insights

Based on property information with market context.

This fourplex offers four separate, individually metered units for electricity. Units include ceiling fans throughout and feature white shaker cabinets, with stainless-steel appliances. Two units have been remodeled with quartz countertops, shaker cabinets, and vinyl plank and wood tile flooring. One additional unit has partial upgrades, including quartz countertops and shaker cabinets. The remaining unit has not been fully described beyond the shared features.

The property is located near mostly residential homes and an elementary school, approximately within 5 miles of downtown Phoenix. Public remarks also note recently painted exterior improvements. The asset is zoned R3.

The complex is fully occupied, with one unit scheduled to come up for renewal in July, presenting an opportunity for an owner-occupant or for a buyer looking to refresh a unit through renovation. Recent building-system and finishes include two new A/C units and replacement water heaters within the last three years, plus a new A/C motor for one unit. Overall, the updates and unit-by-unit metering can support straightforward residential income operations for an investor or operator.

Key Highlights

  • Fourplex built in 1984 with public sewer and individual metering for electricity on each unit
  • 2 units remodeled: quartz countertops, shaker cabinets, vinyl plank and wood tile flooring, plus stainless‑steel appliances
  • Partially upgraded unit includes quartz countertops and shaker cabinets

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Dental Office Law Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Tech Support Center Plumbing Service Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four individually metered units with recent upgrades and a recently painted exterior, fully occupied with one renewal upcoming.
Where is this quadplex located?
The property is located at 1001 N 32ND Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $629,999.
What are key features of this property?
This property features: Fourplex built in 1984 with public sewer and individual metering for electricity on each unit; 2 units remodeled: quartz countertops, shaker cabinets, vinyl plank and wood tile flooring, plus stainless‑steel appliances; Partially upgraded unit includes quartz countertops and shaker cabinets
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