Search
Furnished Duplex with Rental Operations
For Sale
$699,000

4201 E ALMERIA Road, Phoenix, AZ 85008

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market146

Property Features for 4201 E ALMERIA Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Rooms Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Parking features Carport, Garage - Detached
Security features Security Lighting
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Subdivision ELLA LEE
Elementary school Brunson-Lee Elementary School
Middle school Pat Tillman Middle School
High school Camelback High School
Elementary school district Balsz Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions McDowell Rd to 41st Place | North on 41st Pl to Almeria Rd | Right on Almeria Rd to 5th property on the right.
Standard status Active
APN 126-07-066

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 ELLA LEE MCR 008247
Tax Annual Amount 1137
Legal Description LOT 1 ELLA LEE MCR 008247

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Multi Units, Electric, Ceiling Fan(s)

Building Details

Year built 1969
Number of units 2
Flooring type Tile
Building materials Painted, Block
Roof type Composition
Listing Agency: Realty ONE Group
Listed By: Kathaleen Patterson · License #BR664009000
Added: May 15 Changed: Sep 24 Last Checked: Oct 7 at 6:06AM
MLS# 7029061

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 R-3 duplex includes two separate residences: one with two bedrooms and two bathrooms, and another with two bedrooms and one bathroom. The property is furnished and currently operated as a short-term rental with room-by-room arrangements. Included equipment covers ranges, dishwashers, refrigerators, microwaves, disposals, washers, and dryers. Tile flooring, electric heating, multi-unit electric cooling, ceiling fans, a detached garage, and a carport are also in place.

The 1969 property is served by public sewer and has a composition roof. Capital improvements include HVAC replacements for Unit 1 in 2021 and Unit 2 in 2022, plus water heater replacements in 2023 and 2021, respectively. The property is in Phoenix near Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, shopping, dining, golf, entertainment, and freeway access. The furnished setup can support continued short-term rental operations or a transition to mid-term or long-term occupancy.

Key Highlights

  • Two residences: a 2‑bedroom, 2‑bath unit and a 2‑bedroom, 1‑bath unit
  • Currently furnished and operating as a short‑term rental with room‑by‑room arrangements
  • 4.79‑star guest rating and 94.4% five‑star reviews

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Accounting Firm Bakery (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby

Demographics for 85008, AZ

59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two residences are furnished and equipped for flexible short-term or traditional rental use, with no HOA reported.
Where is this duplex located?
The property is located at 4201 E ALMERIA Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two residences: a 2‑bedroom, 2‑bath unit and a 2‑bedroom, 1‑bath unit; Currently furnished and operating as a short‑term rental with room‑by‑room arrangements; 4.79‑star guest rating and 94.4% five‑star reviews
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again