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1321 North 48th Place, Phoenix, AZ, 85008
Turnkey Fourplex with Patios

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
Listed By: Monica Coker · License #SA641419000
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.

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

Quadplexes

Suggested Use

Top Pick Accounting Firm Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Nail Salon Dental Office

Zoning and permitted uses should be independently verified with authorities.

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
More about this property
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