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Updated Triplex with Courtyard
For Sale
$850,000

4514 North 14th Place, Phoenix, AZ 85014

R-3-zoned triplex with updated interiors, private outdoor areas, and a shared laundry room.

Property SizeContact for details
Days on Market126

Property Features for 4514 North 14th Place

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multiple Dwellings
Zoning R-3
Occupancy 100%
Net Operating Income $47,595

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,359

Amenities

gated
courtyard
patios
laundry room
storage areas
Ceiling Fan(s), Electric, Individual
Individual, Natural Gas
Ceramic Tile, Vinyl, Wood
Yes
Composition
Sidewalk(s)
Security Light(s)
No Pool
1
3
Block

Building Details

Year Built 1968
Buildings 1
Listing Agency: My Home Group Real Estate
Listed By: William R Nager · License #SA632171000
Source: Compass
Added: Apr 28 Changed: Aug 30 Last Checked: Aug 31 at 12:29AM

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 My Home Group Real Estate

Investment Insights

Based on property information with market context.

Built in 1968, this gated triplex contains two one-bedroom, one-bath units and one two-bedroom, one-bath unit. The interiors have been updated while retaining mid-century character, and each residence includes a semi-private patio. A landscaped shared courtyard, multiple storage areas, and a laundry room with washer and dryer serve the property. Covered parking accommodates three vehicles, with three additional uncovered spaces.

The property is located at 4514 North 14th Place in Phoenix, near the Biltmore Area and Downtown Phoenix. Separate gas and electric metering serves each unit, and every residence has its own HVAC system and water heater. The property is zoned R-3, has zero vacancy, and an owner-occupant option is identified as available as early as July.

Key Highlights

  • Three‑unit property with two 1 bed / 1 bath residences and one 2 bed / 1 bath residence
  • Gated setting with landscaped shared courtyard and semi‑private patios
  • Parking includes 3 covered spaces plus 3 uncovered spaces

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply HVAC Service Food Market Electrical Service Nail Salon Grocery & Convenience Store

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,246
Businesses Nearby

Demographics for 85014, AZ

26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
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?
Triplex - R-3-zoned triplex with updated interiors, private outdoor areas, and a shared laundry room.
Where is this triplex located?
The property is located at 4514 North 14th Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three‑unit property with two 1 bed / 1 bath residences and one 2 bed / 1 bath residence; Gated setting with landscaped shared courtyard and semi‑private patios; Parking includes 3 covered spaces plus 3 uncovered spaces
More about this property
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