1328 W COCHISE Drive, Phoenix, AZ 85021
- Added:
- Jun 15, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 15 at 4:06 pm
Property Features for 1328 W COCHISE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 8
- Rooms
- Bathroom 2, Bedroom 7, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 5
- Parking features
- On Street, Carport
- Appliances
- Free-Standing Range, Refrigerator, Free-Standing Gas Oven, W/D Hookup
- 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
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Ceiling Fan(s), Electric, Central Air, Gas (Cooling)
Building Details
- Year built
- 1964
- Number of units
- 4
Listing agent Zachary Coty License #SA697361000 (602) 516-4767
Listing office Compass 4222 N Marshall Way Suite A, Scottsdale, AZ (480) 776-1555
Listing date Jun 15, 2026
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.
HighLights
- Cochise Drive fourplex with four 2 bed/1 bath units
- Each unit is approximately 700 SF and includes washer/dryer hookups
- Carport parking plus private yards for the units
- Current rents of $1,300, $1,300, $1,300, and $1,400
- Most tenants have been in place for 3+ years
- Public sewer; sewer line from the property to the city line was completely redone
Overview
The property is located at 1328 W Cochise Drive in Phoenix, Arizona 85021. The City-of-Phoenix zoning is R-3. Please note that access is drive-by only until an accepted contract or LOI is in place.
The current rental roll lists rents of $1,300, $1,300, $1,300, and $1,400. Public remarks indicate that most tenants have been in place for 3+ years. Additionally, the sewer line from the property down to the city line was completely redone. Offered for sale as a residential income property, this fourplex is set up as a straightforward portfolio holding with consistent unit mix across all four homes.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.4k | $19.80 |
| − Vacancy | −$3.0k | −$1.09 |
| EGI | $52.4k | $18.71 |
| − OpEx | −$15.7k | −$5.61 |
| NOI | $36.7k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.090029
- Latitude
- 33.58058
