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4-Unit Quadplex with Private Patios

1241 E HATCHER Road, Phoenix, AZ 85020

For Sale
New
$795,000

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market3

Property Features for 1241 E HATCHER Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 4
Appliances Refrigerator, Built-In Electric Oven, Washer/Dryer
Elementary school district Glendale Union High School District
Middle school district Glendale Union High School District
High school district Glendale Union High School District
Directions North on 12th St to Hatcher Rd, East to Property on the South Side of the Street
Standard status Active
APN 159-34-154-A

Taxes and HOA fees

Tax Year 2025
Tax Description E 82F OF W 565F OF S 136F OF N 166F OF SW4 SE4 SEC 28 .26 AC
Tax Annual Amount 1567
Legal Description E 82F OF W 565F OF S 136F OF N 166F OF SW4 SE4 SEC 28 .26 AC

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Varies by Unit (Heating)
Cooling system Heat Pump

Amenities

in suite laundry
private patios/yards
security doors

Building Details

Year built 1985
Number of units 4
Flooring type Tile
Building materials Stucco, Block
Roof type Composition
Listing Agency: Better Homes & Gardens Real Estate SJ Fowler · Real Living
Listed By: Eric P Hegarty · License AZ SA650759000
Added: Nov 11 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 7105080

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1985, this R-3-zoned quadplex contains four two-bedroom, one-bathroom residences. Each unit has its own laundry, a private patio or yard, tile flooring, and updated kitchen and bathroom finishes. Cooling equipment is approximately four years old, and the composition roof has been maintained. The property also has security doors and parking areas.

The site is next to Norton Park, with mountain views and residential surroundings. Public sewer serves the property.

Key Highlights

  • Four residences, each with two bedrooms and one bathroom
  • Private patio or yard and in‑unit laundry in each unit
  • Updated kitchens and bathrooms; tile flooring throughout

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 85020, AZ

34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Quadplexes in Phoenix

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence offers two bedrooms, one bathroom, and in-unit laundry.
Where is this quadplex located?
The property is located at 1241 E HATCHER Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Four residences, each with two bedrooms and one bathroom; Private patio or yard and in‑unit laundry in each unit; Updated kitchens and bathrooms; tile flooring throughout
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