Updated
For Sale
$550,000
434 N 42ND Street, Phoenix, AZ 85008
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Days on Market11
Property Features for 434 N 42ND Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Appliances
Built-In Range
Subdivision
LANCASTER MANORS
Elementary school district
Balsz Elementary District
Middle school district
Phoenix Union High School District
High school district
Phoenix Union High School District
Standard status
Active
APN
125-32-060-A
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 59 LANCASTER MANORS MCR 003742
Tax Annual Amount
754
Legal Description
LOT 59 LANCASTER MANORS MCR 003742
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Varies by Unit, Wall Unit(s)
Building Details
Year built
1947
Number of units
4
Flooring type
Tile - Ceramic
Building materials
Painted, Stucco, Block
Roof type
Rolled Hot Mop
Listing Agency:
My Home Group Real Estate
(480) 685-2760
Listed By:
KatiAnn Craciunescu
(480) 688-5218
Added: Sep 17
Changed: Sep 24
Last Checked: Sep 27 at 1:06PM
MLS# 7081512
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.
This four-unit residential income property was built in 1947 and carries R-3 zoning. Each unit was updated in 2020 with new flooring, kitchen and bathroom improvements, roofing work, and mini-split or window-unit cooling. The property includes ceramic tile flooring, electric heating, a built-in range, stucco and block construction, and a rolled hot-mop roof.
Located at 434 N 42ND Street in Phoenix, the property is positioned near Downtown Phoenix, Tempe and ASU, Arcadia, and Scottsdale. Public sewer serves the site. All units are currently occupied, providing an existing residential configuration for an investor seeking a multifamily asset.
Located at 434 N 42ND Street in Phoenix, the property is positioned near Downtown Phoenix, Tempe and ASU, Arcadia, and Scottsdale. Public sewer serves the site. All units are currently occupied, providing an existing residential configuration for an investor seeking a multifamily asset.
Key Highlights
- Four‑unit property with all units fully occupied
- R‑3 zoning in Phoenix
- All units updated in 2020
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
Explore this area
Business Placement
Demographics for 85008, AZ
59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with R-3 zoning and unit updates completed in 2020.
Where is this quadplex located?
The property is located at 434 N 42ND Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit property with all units fully occupied; R‑3 zoning in Phoenix; All units updated in 2020
