1548 W SAHUARO Drive, Phoenix, AZ 85029
$925,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$925,000
Last Modified:
2/13/2026
Description
Remodeled 4-Plex Investment property in the North Phoenix. The property has 4 2bedroom/2bath units, large size with upgraded appliances, in suite washer/dryer and more. Community features sparkling pool, parks and playground. Close to A-rated, schools, shopping, amenities and commuter highways. Perfect for a passive income property with upside in rents. The property is Tenant occupied so interior viewings upon mutually accepted offer only. Submeters have been installed at mina water line to allow proper water billing to tenants to offset water cost.
More Information MLS# 6984256
Contract Info
Ownership: Fee Simple
Current Price: $925,000
List Price: $925,000
Status: Active
List Date: 2026-02-13
Location, Tax & Legal
Assessor's Map #: 14
Legal Description (Abbrev): LOT 14 MUY FELICES CASAS LT 1-20 TR A-G MCR
Assessor's Parcel #: 80
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103615
Taxes: 1835
Legal: LOT 14 MUY FELICES CASAS LT 1-20 TR A-G MCR
Marketing Name: Muy Felices
House Number: 1548
Compass: W
Street Name: SAHUARO
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 5068
County Code: Maricopa
Subdivision: MUY FELICES CASAS LT 1-20 TR A-G
Assessor Number: 159-14-080
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 4053
Total # of Units: 4
Elementary School District: Washington Elementary School District
High School District: Glendale Union High School District
Elementary School: Washington Elementary School
Jr. High School: Mountain Sky Middle School
High School: Glendale High School
Year Built: 1984
Zoning: M-H
Legal Info
Range: 3E
Section: 19
Township: 3N
Lot Number: 14
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Other: 1
Floors
Other: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Annual Elec Exp: 0
Annual Ins Exp: 2000
Annual Landscape Exp: 0
Annual Maint Exp: 5000
Annual Trash Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 9732
Annual PAD Fee: 0
Operating Exp: 18567
Other Income: 0
Vacancy Allowance: 0.02
Adjusted Gross Inc: 69678
Total Monthly Rental Income: 5925
Pmt & Rate Info
Cap Rate: 5.29
Equity: 925000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
Pool: 1
Heating
Electric: 1
Other: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Other: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
Master Meter: 1
Submetered System: 1
Sewer
Sewer - Public: 1
Parking Features
Detached Carport: 1
Other: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1481
Avg SqFt: 807
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 19th Ave & Peoria
Directions: Heading north on 19th ave just north of Peoria take aright on Sahuaro Dr and unit will be down on th left-hand side.
Geo Lat: 33.584117
Geo Lon: -112.093534
Income Expenses
Gross Annual Sch Inc: 71100
Net Operating Income: 48916
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Other
Floors: Other
Sale Includes: Other (See Remarks)
Community Features: Pool
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup; Other
Heating: Other
Cooling: Ceiling Fan(s); Central Air
Water Source: Master Meter; Submetered System
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: Detached Carport; Other
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; FHA; Conventional; 1031 Exchange; Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office:
AZ Equity Properties
Last Updated: February - 13 - 2026
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