Turnkey Fourplex with
1321 North 48th Place Phoenix, AZ 85008
For Sale
$930,000
Well-maintained fourplex with four two-bedroom, one-bath units, private patios, and newer water heaters.
Days on Market154
Property Features for 1321 North 48th Place
General Information
Standard status
Active
Property subtype
Multiple Dwellings
Building Details
Year Built
1960
Listing Agency:
HomeSmart
(480) 307-1815
Listed By:
Monica Coker · License #SA641419000
(480) 307-1815
Source:
Compass
Added: Feb 24
Changed: Jul 22
Last Checked: Jul 27 at 11:50AM
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 HomeSmart
Investment Insights
Based on property information with market context.
Well-maintained fourplex featuring four two-bedroom, one-bath units in durable block construction. Each unit includes ceramic tile flooring, a private patio, and washer/dryer hookups. There is also a separate storage room outside unit 4. Units 1 and 2 have been remodeled or upgraded, while units 3 and 4 are occupied by long-term tenants. Roofing was replaced in 2017, and all water heaters are newer, installed between 2021 and 2025.
The property is located in a quiet cul-de-sac setting in Phoenix, just south of McDowell & 48th St. It offers convenient access to major freeways and nearby supermarket and stores, and it is positioned across from an elementary school.
This is a turnkey, income-producing multifamily asset configured as four separate residential units, with individual outdoor patio space and on-site laundry hookups for each unit.
The property is located in a quiet cul-de-sac setting in Phoenix, just south of McDowell & 48th St. It offers convenient access to major freeways and nearby supermarket and stores, and it is positioned across from an elementary school.
This is a turnkey, income-producing multifamily asset configured as four separate residential units, with individual outdoor patio space and on-site laundry hookups for each unit.
Key Highlights
- Fourplex in Phoenix built in 1960 with 4 total units (four 2‑bedroom, 1‑bath units)
- Roof replaced in 2017; block construction with ceramic tile flooring
- Units 1 and 2 have been remodeled/updated; Units 3 and 4 have long‑term tenants
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained fourplex with four two-bedroom, one-bath units, private patios, and newer water heaters.
Where is this quadplex located?
The property is located at 1321 North 48th Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Fourplex in Phoenix built in 1960 with 4 total units (four 2‑bedroom, 1‑bath units); Roof replaced in 2017; block construction with ceramic tile flooring; Units 1 and 2 have been remodeled/updated; Units 3 and 4 have long‑term tenants