4132 North 3rd Avenue Phoenix, AZ 85013
Remodeled, furnished four-unit property with flexible rental strategies and strong tenant demand.
Type:Multiple Dwellings
- Added:
- Jan 13, 2026
- Days on Market:
- 97
- Last Refresh:
- Mar 13 at 3:13 pm
Property Features for 4132 North 3rd Avenue
General Information
- Standard status
- Active
- Property subtype
- Multiple Dwellings
Building Details
- Year Built
- 1950
Listing agent Janelle Aleman License #01985992
Listing office REAL BROKERAGE TECHNOLOGIES
Listing date Jan 13, 2026
Source Compass
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 REAL BROKERAGE TECHNOLOGIES
Overview
Turnkey Midtown Phoenix Multifamily Investment
Located in Midtown Phoenix, this turnkey four-unit multifamily property is positioned near Indian School Road and Central Avenue. The property consists of two separate duplex buildings with two legal addresses and two APNs, totaling four fully furnished 2-bedroom, 1-bath units. The units have been extensively remodeled and are currently operated as mid-term rentals, catering to traveling professionals and medical tenants on three-month leases. The location is minutes from St. Joseph's Hospital, Phoenix Children's Hospital, Downtown Phoenix, major employment hubs, and the 51 and I-10 freeways. Phoenix Sky Harbor International Airport is also nearby. Each unit includes in-unit washer and dryers, wood-look tile flooring, updated kitchens with shaker cabinetry, granite countertops, and stainless-steel appliances. Each unit is individually metered and features newer Low-E windows, updated doors, and newer water heaters. Built in 1950, the property has been significantly modernized. Zoned R4, the property allows for continued medium-term rental use, short-term/Airbnb operation, or a hybrid strategy. There is no HOA, and the asset is turnkey. The shared courtyard presents a value-add opportunity, including the potential to create a resort-style community amenity such as a pool or enhanced outdoor gathering space, subject to buyer verification. The property is suited for a cash buyer or 1031 exchange investor seeking a stabilized, income-producing multifamily asset in a high-demand central Phoenix corridor. A house-hacker scenario also works well, allowing an owner-occupant to live in one unit while offsetting expenses with the remaining rentals.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.0784557
- Latitude
- 33.4961243
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Remodeled, furnished four-unit property with flexible rental strategies and strong tenant demand.
Where is this quadplex located?
The property is located at 4132 North 3rd Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Turnkey, fully furnished four‑unit multifamily property in highly desirable Midtown Phoenix location.; Ideal for mid‑term rentals catering to traveling professionals and medical tenants, with proximity to major hospitals and employment hubs.; Each unit is extensively remodeled with modern finishes, including in‑unit washer/dryers, updated kitchens, and individual metering.
