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Fourplex with Updated Interiors
For Sale
$614,999

1001 N 32ND Avenue, Phoenix, AZ 85009

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market138

Property Features for 1001 N 32ND Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 5, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 6
Exterior features Sidewalk(s)
Appliances Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave
Subdivision EL RETIRO BLK 1 2
Elementary school J B Sutton Elementary School
High school Carl Hayden High School
Elementary school district Isaac Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Take I-10 West exit on 35th Ave exit Head South to Roosevelt St. Head East on 35th Ave to 32nd Ave Property is on the corner of 32nd Ave & Roosevelt Road.
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
Legal 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

Utilities

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

Building Details

Year built 1984
Number of units 4
Flooring type Laminate, Vinyl, Tile
Building materials Cement Siding, Block
Roof type Composition
Listing Agency: My Home Group Real Estate
Listed By: Nefertari Thomas · License #SA626672000
Added: May 22 Changed: Sep 30 Last Checked: Oct 6 at 9:06AM
MLS# 7032228

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 R3-zoned fourplex was built in 1984 and contains four residential units. Three units have been remodeled with quartz countertops, shaker cabinetry, vinyl plank or wood tile flooring, and stainless-steel appliances; the remaining unit is partially upgraded with quartz countertops and shaker cabinets. All units include ceiling fans, while two have newer A/C systems and water heaters replaced within the last 3 years. One additional A/C unit has a new motor. The exterior has been recently painted, and the building features cement siding, block construction, a composition roof, public sewer, and individual electric metering for each unit.

The property is positioned near primarily residential surroundings and schools, including elementary and high schools, and lies within 5 miles of downtown Phoenix. All four units are occupied, with one leased month to month. Included appliances are ranges, electric ovens, refrigerators, and microwaves.

Key Highlights

  • Four‑unit residential property with R3 zoning and 1984 construction
  • Three remodeled units feature quartz counters, shaker cabinets, updated flooring, and stainless‑steel appliances
  • Two units have new A/C units and water heaters replaced within the last 3 years

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Spa & Massage Center

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Multi-unit property with renovated finishes, individually metered electricity, and full occupancy.
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 $614,999.
What are key features of this property?
This property features: Four‑unit residential property with R3 zoning and 1984 construction; Three remodeled units feature quartz counters, shaker cabinets, updated flooring, and stainless‑steel appliances; Two units have new A/C units and water heaters replaced within the last 3 years
More about this property
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