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1/4201 E Almeria Rd

Phoenix AZ 85008

4
Multi-Family
Currently for sale - view listing

Overview

Turnkey furnished duplex investment opportunity in the heart of Phoenix! Located at 4201 E Almeria Rd, this income-producing multi-family property is currently operating as a successful short-term rental with a strong 4.79-star guest rating and 94.4% five-star reviews. With no HOA, recent major system updates, and all furnishings included, this property is ready to continue generating income from day one. The duplex offers two separate living spaces, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. Currently configured for room-by-room short-term rentals, the property provides multiple income strategies including Airbnb, corporate housing, mid-term rentals, traveling professionals, seasonal visitors, or traditional long-term tenants. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, creating a true turnkey investment opportunity. Recent improvements include HVAC replacement in Unit 1 (2021) and Unit 2 (2022), water heater replacement in Unit 1 (2023) and Unit 2 (2021), plus additional interior updates and light remodeling throughout the property. Ideally situated near Phoenix Sky Harbor International Airport, Old Town Scottsdale, Downtown Phoenix, Tempe, Arizona State University, major employment corridors, and Cactus League Spring Training facilities, this location attracts both business and leisure travelers year-round. Residents and guests enjoy convenient access to shopping, dining, entertainment, golf, freeways, and some of the Valley's most popular destinations. Whether you're seeking a cash-flowing investment property, furnished duplex, house-hacking opportunity, short-term rental portfolio addition, or multi-generational living solution, this Phoenix duplex offers flexibility, location, and proven rental performance in one of the Valley's most desirable rental markets.

Features

4 carspaces
2 open car spaces
Multi-Family

Property history for 1/4201 E Almeria Rd

2019
Sold
$230,000
15 Mar 2019 by Jill Comfort, of Comfort Realty

Happy sellers in Phoenix

100%
100% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 24 multi families similar to 1/4201 E Almeria Rd, have been sold.

This represents a 15% decrease in multi families sales when compared to the previous 12 months.

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