Properties
Wickenburg, AZ 85390 450 PALM Drive
$625,000
18 more
Presented By: Arizona Legends Realty; 928-684-3911
Home Details
Fully rented fourplex in the heart of Wickenburg--an excellent investment opportunity with immediate income potential! Ideally located within walking distance to historic downtown Wickenburg, this property offers convenience to shopping, dining, and local amenities. Each of the four units features 2 bedrooms and 1 bathroom, providing desirable layouts for tenants and strong rental appeal. With all units currently occupied, this is a turnkey income-producing property ready for its next owner.
Whether you're looking to expand your portfolio or secure a solid investment in a growing market, this well-located multi-family property is a must-see!
Presented By: Arizona Legends Realty; 928-684-3911
Interior Features for 450 PALM Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringLaminate, Carpet
Heating Y/NYes
General for 450 PALM Drive
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.45
Carport Y/NNo
CityWickenburg
Community FeaturesNo Pool
Construction MaterialsWood Frame, Stucco
CoolingCentral Air
CountyMaricopa
DirectionsFrom Tegner West on Palm Drive. Property on right
DisclosuresSeller Prop Disc Stm
ElectricAPS
Elementary SchoolHassayampa Elementary School
Elementary School DistrictWickenburg Unified District
Garage Y/NNo
Gross Income50490.0
HeatingForced Air, Heat Pump
High SchoolWickenburg High School
High School DistrictWickenburg Unified District
Insurance Expense2400.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolVulture Peak Middle School
MobileHomeRemainsYNNo
Net Operating Income40296.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces4.0
Operating Expense8161.0
OwnerPaysTrash Collection, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameFOX SUB
Tax Annual Amount661.0
Tax Lot4
Tax Year2025
Township7N
Year Built1986
ZoningRM-1
Exterior for 450 PALM Drive
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensionsapprox 89' x 111'
Number of Buildings1
Parking Features1 Space/Unit
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Middle School
Vulture Peak Middle School
High School
Wickenburg High School
Elementary School
Hassayampa Elementary School
