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    Litchfield Park Multi-Family Investment Title is generated by Realmo AI

    13865 W CLAREMONT Street, Litchfield Park, AZ 85340

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    Claim this Listing
    For Sale
    $495,000

    MULTI_FAMILY - Litchfield Park, AZ

    Added:
    Apr 20, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 6 at 8:06 pm

    Property Features for 13865 W CLAREMONT Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    multi family
    Bedrooms
    4
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2
    Parking features
    On Street, RV
    Appliances
    Free-Standing Range, Disposal, Refrigerator
    Standard status
    Active
    APN
    501-13-091-E

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LUKE FIELD HOMES MCR 60-13 PT LT 211 & PT SW4 SEC 10 DAF COM AT SW COR SEC 10 TH N 1606.68F TH S 88D
    Tax Annual Amount
    885

    Utilities

    Heating system
    Wall Furnace, Other (Heating), Floor Furnace
    Cooling system
    Wall/Window Unit(s), Wall Unit(s)
    Water source
    Private

    Building Details

    Year built
    1957
    Number of units
    2
    Flooring type
    Tile - Ceramic
    Building materials
    Brick Veneer, Wood Frame, Painted, Block
    Roof type
    Rolled Hot Mop, Composition

    We can help!

    Listing Contact
    Cecilia Mulroy
    Cecilia Mulroy

    Listing agent Cecilia Mulroy License #BR647070000

    Listing office My Home Group Real Estate 110 S Priest Drive Suite #101, Scottsdale, AZ

    Listing date Apr 20, 2026

    MLS# 7016959 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.

    HighLights

    • Turnkey 6‑Unit Portfolio: Includes a 4‑Plex and Duplex for immediate income.
    • High‑Growth Location: Situated in a rapidly developing area of the West Valley near the Tesla Corridor and Luke AFB.
    • Strong Income Potential: Current income of $76,800+ with potential for increased revenue.
    • Proximity to Luke Air Force Base: Ensures consistent rental demand.
    • Value‑Add Opportunity: Below‑market rents and potential to improve outdoor areas for higher returns.
    • Durable Construction: Solid block construction and low‑maintenance landscaping.

    Overview

    This multi-family property in Litchfield Park, Arizona, presents a turnkey investment opportunity in a rapidly growing area of the West Valley. The property, part of a 6-unit portfolio opportunity that includes an adjoining 4-plex, offers immediate income with potential for increased value. It is strategically located along Litchfield Road, directly across from the Tesla Collision Center and minutes from Luke Air Force Base. The property features single-story construction, spacious lots with ample parking, functional layouts with private entrances, and large outdoor common areas with utility access. Constructed with solid blocks and low-maintenance desert landscaping, the property ensures long-term durability. Financial highlights include an annual gross income of $31,200 with the potential to reach $33,600, and a cap rate of 5.2-5.6%. The location offers advantages such as proximity to Luke Air Force Base, ensuring strong and reliable rental demand, and its position in a high-visibility corridor experiencing ongoing commercial expansion with easy access to major transportation routes. The property has below-market rents with clear upside and the opportunity to enhance outdoor common areas, promising strong long-term appreciation in a high-growth corridor. It is FHA and VA loan approved.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Litchfield Park
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.35776
    Latitude
    33.527152

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    FAQs

    What type of property is this?
    Duplex - Turnkey multi-family opportunity near Luke AFB and Tesla.
    Where is this duplex located?
    The property is located at 13865 W CLAREMONT Street Litchfield Park, AZ.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Turnkey 6‑Unit Portfolio: Includes a 4‑Plex and Duplex for immediate income.; High‑Growth Location: Situated in a rapidly developing area of the West Valley near the Tesla Corridor and Luke AFB.; Strong Income Potential: Current income of $76,800+ with potential for increased revenue.
    (602) 577-5797
    We can help!
    Listing Contact
    Cecilia Mulroy
    Cecilia Mulroy
    Real Estate License ID: BR647070000
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    13865 W CLAREMONT Street, Litchfield Park, AZ 85340
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