Properties
Phoenix, AZ 85029 2018 W CACTUS Road
$549,000
29 more
Presented By: eXp Realty; 480-420-4455
Home Details
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!
Presented By: eXp Realty; 480-420-4455
Interior Features for 2018 W CACTUS Road
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
General for 2018 W CACTUS Road
Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.4
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Block
CoolingElectric, Individual
CountyMaricopa
DirectionsUse GPS
DisclosuresSeller Prop Disc Stm
ElectricAPS
Electric Expense0.0
Elementary SchoolWashington Elementary School
Elementary School DistrictWashington Elementary School District
Fuel Expense0.0
Garage Y/NNo
Gross Income54638.0
HeatingIndividual, Heat Pump, Electric
High SchoolGlendale High School
High School DistrictGlendale Union High School District
Insurance Expense3705.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income44308.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces4.0
Operating Expense10330.0
OwnerPaysTrash Collection
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofBuilt-Up
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1825.0
Tax Lot-
Tax Year2025
Township3N
Trash Expense2400.0
Water Sewer Expense2400.0
Year Built1963
ZoningMultifamily
Exterior for 2018 W CACTUS Road
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions94.1x101.92x92.61x101.96
Number of Buildings1
Parking FeaturesAssigned, 1 Space/Unit
Road Surface TypeGravel
SpaNo
Total Parking4.0
Water SourceCity Franchise
Additional Details
Price History
Schools
High School
Glendale High School
Middle School
N/A
Elementary School
Washington Elementary School
