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Fourplex Residential Income Building
For Sale
$689,000

1328 W COCHISE Drive, Phoenix, AZ 85021

MULTI_FAMILY - Phoenix, AZ

Property Size700 SF
Price / SF$984.29
Days on Market47

Property Features for 1328 W COCHISE Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 8
Full bathrooms 4
Rooms Bathroom 2, Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 5
Parking features Carport, On Street
Appliances Free-Standing Range, Refrigerator, Free-Standing Gas Oven, W/D Hookup
Elementary school district Glendale Union High School District
Middle school district Glendale Union High School District
High school district Glendale Union High School District
Standard status Active
APN 158-27-091-B

Taxes and HOA fees

Tax Year 2025
Tax Description W 95F OF SW4 SE4 NW4 NW4 NE4 EX S 25F RD
Tax Annual Amount 1081
Legal Description W 95F OF SW4 SE4 NW4 NW4 NE4 EX S 25F RD

Utilities

Sewer type Public Sewer
Cooling system Electric, Gas (Cooling), Central Air, Ceiling Fan(s)

Building Details

Year built 1964
Number of units 4
Listing Agency: Compass
Listed By: Zachary Coty · License #SA697361000
Added: Jun 15 Changed: Jul 29 Last Checked: Jul 31 at 7:06PM
MLS# 7042041

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.

Cochise Drive fourplex at 1328 W Cochise Drive consists of four separate two-bedroom, one-bath units. Each unit includes in-unit washer/dryer hookups, a carport, and a private yard. The property is currently tenant-occupied, and most tenants have been in place for three years or longer.

The asset is zoned R-3. Public remarks indicate sewer line work was completed, with the sewer line redone all the way down to the city line. Access for viewing is drive-by only until an accepted contract or LOI is in place.

This four-unit configuration can fit investors or owner-operators looking for a small multifamily building with individually assigned outside space and covered parking through each unit’s carport. With all units described as having washer/dryers, the layout supports everyday resident convenience. Current rents are provided in the listing as $1,400 for all units. The updated sewer scope may also reduce near-term maintenance uncertainty related to that utility line.

Key Highlights

  • Cochise Drive fourplex with all 2 bed/1 bath units, approximately 700 SF each
  • All units include washer/dryer and private yards
  • Current rents are $1,400 for all units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Nail Salon Spa & Massage Center Pharmacy

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

530
Businesses Nearby

Demographics for 85021, AZ

40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex with four two-bedroom, one-bath units, washer/dryers, carports, and private yards in R-3 zoning.
Where is this quadplex located?
The property is located at 1328 W COCHISE Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Cochise Drive fourplex with all 2 bed/1 bath units, approximately 700 SF each; All units include washer/dryer and private yards; Current rents are $1,400 for all units
More about this property
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