Individually Metered
1001 North 32nd Avenue Phoenix, AZ 85009
For Sale
$629,999
Four fully occupied units with individual electric meters and multiple recent upgrades for manageable ongoing operations.
Days on Market90
Property Features for 1001 North 32nd Avenue
General Information
Standard status
Active
Property subtype
Multiple Dwellings
Building Details
Year Built
1984
Listing Agency:
My Home Group Real Estate
(602) 799-3793
Listed By:
Nefertari Thomas · License #SA626672000
(602) 799-3793
Source:
Compass
Added: Apr 30
Changed: Jul 10
Last Checked: Jul 27 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of My Home Group Real Estate
Investment Insights
Based on property information with market context.
This for-sale fourplex offers four individually metered units for electricity. The units feature white shaker cabinets, ceiling fans throughout, and stainless-steel appliances. Two units have been remodeled with quartz countertops, shaker cabinets, and vinyl plank and wood tile flooring, while one partially upgraded unit includes quartz countertops and shaker cabinets. Several building systems have been addressed in recent years, including two newer A/C units and water heaters replaced within the last three years, plus a new A/C motor on one unit. The exterior has also been recently painted.
The property is located near mostly residential homes and an elementary school, with downtown Phoenix within 5 miles. The complex is fully occupied, with one unit scheduled to come up for renewal in July, providing an opportunity for an owner-occupant to take possession or for a new operator to consider rehabilitation based on their goals.
For investors and owner-operators seeking a low-maintenance, turn-key residential income asset, this fourplex combines interior updates with refreshed mechanicals and individual utility metering. With all units currently leased and upgrades spread across multiple units and key systems, it supports a practical, hands-on operating approach while maintaining flexibility around the upcoming renewal.
The property is located near mostly residential homes and an elementary school, with downtown Phoenix within 5 miles. The complex is fully occupied, with one unit scheduled to come up for renewal in July, providing an opportunity for an owner-occupant to take possession or for a new operator to consider rehabilitation based on their goals.
For investors and owner-operators seeking a low-maintenance, turn-key residential income asset, this fourplex combines interior updates with refreshed mechanicals and individual utility metering. With all units currently leased and upgrades spread across multiple units and key systems, it supports a practical, hands-on operating approach while maintaining flexibility around the upcoming renewal.
Key Highlights
- 4‑unit fourplex built in 1984 with 4 fully occupied units
- Individual electric metering for each unit (individually metered for electricity)
- 2 units remodeled with quartz countertops, shaker cabinets, and vinyl plank and wood tile flooring
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four fully occupied units with individual electric meters and multiple recent upgrades for manageable ongoing operations.
Where is this quadplex located?
The property is located at 1001 North 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: 4‑unit fourplex built in 1984 with 4 fully occupied units; Individual electric metering for each unit (individually metered for electricity); 2 units remodeled with quartz countertops, shaker cabinets, and vinyl plank and wood tile flooring
