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Four-Unit Apartment Property
For Sale
$625,000

450 PALM Drive, Wickenburg, AZ 85390

RM-1-zoned residential property with all four units occupied and configured for two-bedroom living.

Property SizeContact for details
Days on Market154

Property Features for 450 PALM Drive

General Information

Standard status Active
Property subtype Multiple Dwellings
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Building Details

Buildings 1
Listing Agency: Arizona Legends Realty
Listed By: Lori Horcos · License #BR686709000
Source: Thegouldgroupaz
Added: Mar 30 Changed: Aug 29 Last Checked: Aug 28 at 9:49AM

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 Arizona Legends Realty

Investment Insights

Based on property information with market context.

This 2,832-square-foot quadplex was built in 1986 and contains four residential units. Each unit offers two bedrooms and one bathroom, creating a consistent layout across the property. All four units are currently occupied, providing an established rental configuration for the next owner.

The property is located at 450 Palm Dr in Wickenburg, within walking distance of the community’s historic downtown area, shopping, dining, and other local amenities. RM-1 zoning supports the property’s multifamily residential classification.

Key Highlights

  • Four‑unit quadplex with all units currently occupied
  • Each unit includes 2 bedrooms and 1 bathroom
  • 2,832 square feet of building area

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Storage Facility Carpet & Flooring Store Acupuncture

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 85390, AZ

9,102
Population
5,702
Households
1.6
Avg Household Size
62
Median Age
35%
College-Educated
96%
High-School Grad
475.6 sq mi
ZIP Area
19
Density / Sq Mi
$65,985
Median Household Income
$43,070
Median Earnings
$1,234
Median Rent
$465,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - RM-1-zoned residential property with all four units occupied and configured for two-bedroom living.
Where is this quadplex located?
The property is located at 450 PALM Drive Wickenburg, AZ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Four‑unit quadplex with all units currently occupied; Each unit includes 2 bedrooms and 1 bathroom; 2,832 square feet of building area
More about this property
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