Back 2018 W Cactus Rd
Off Market

2018 W Cactus Rd

Phoenix AZ 85029

4
Multi-Family
Last sold for $520,000
John GalavizJohn Galaviz, last sold this property on 24 April 2026 after 140 days on market.

Overview

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

Features

4 carspaces
4 open car spaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 2018 W Cactus Rd is $520k.

Median value
$520k
Estimated value range
$340k - $900k
Median days on market
48
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2018 W Cactus Rd

2026
Sold
$520,000
24 Apr 2026 by John Galaviz
2021
Sold
$485,000
22 Feb 2021 by rSteven Lucero, of M&B Realty
2017
Sold
$225,000
07 Apr 2017

Happy sellers in Phoenix

57%
57% 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 6 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 4 multi families similar to 2018 W Cactus Rd, have been sold.

This represents a 59% increase in multi families sales when compared to the previous 12 months.

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