Search
Fourplex with Individual Electric Metering
For Sale
$629,999

1001 N 32ND Avenue, Phoenix, AZ 85009

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market92

Property Features for 1001 N 32ND Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 8
Full bathrooms 4
Rooms Bedroom 8, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3
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 Hot Water(Heating), Electric (Heating), Central
Cooling system Electric, Central Air, Ceiling Fan(s)

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: Aug 3 Last Checked: Aug 21 at 11:06PM
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 fourplex features four individually metered units for electricity and ceiling fans throughout. The property includes cement siding and block construction with a composition roof, built in 1984. Appliance package details include free-standing range, refrigerator, free-standing electric oven, and microwave. Several units have been refreshed with white shaker cabinets, quartz countertops, and vinyl plank and wood tile flooring, along with stainless-steel appliances in the remodeled units. One unit is partially upgraded with quartz countertops and shaker cabinets. The exterior has been recently painted.

Unit systems updates include new A/C units and replaced water heaters in the last 3 years, with 1 A/C unit also having a new motor. The complex is fully occupied, and 1 unit is scheduled to come up for renewal in July.

The property sits near mostly residential homes and an elementary school, and it is within 5 miles of downtown Phoenix. A sidewalk feature is included at the property.

Key Highlights

  • Four units individually metered for electricity
  • 2 units remodeled with quartz countertops and vinyl plank and wood tile flooring
  • New A/C units and replaced water heaters in the last 3 years

Property Analytics

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

100%
Occupancy
Multi-tenant
Tenancy

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

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?
Quadplex - Four individually metered units with ceiling fans, updated finishes in select units, and recently replaced A/C and water heaters.
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: Four units individually metered for electricity; 2 units remodeled with quartz countertops and vinyl plank and wood tile flooring; New A/C units and replaced water heaters in the last 3 years
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