2018 W CACTUS Road, Phoenix, AZ 85029
$599,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$599,000
List Date:
12/04/2025
Last Modified:
2/19/2026
Description
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.
Supplements: 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!
More Information MLS# 6953868
Contract Info
Ownership: Fee Simple
Current Price: $599,000
List Price: $599,000
Status: Active
List Date: 2025-12-03
Location, Tax & Legal
Assessor's Map #: 4
Legal Description (Abbrev): BEG SE COR W2 SE4 SE4 TH N 134.01' TO POB TH W 102.75' TH N 94' TH E 102.75' TH S 94' TO POB .22
Assessor's Parcel #: 15
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103900
Taxes: 1825
Legal: BEG SE COR W2 SE4 SE4 TH N 134.01' TO POB TH W 102.75' TH N 94' TH E 102.75' TH S 94' TO POB .22
Marketing Name: 2018 W Cactus Rd
House Number: 2018
Compass: W
Street Name: CACTUS
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 5511
County Code: Maricopa
Assessor Number: 149-04-015
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 94.1x101.92x92.61x101.96
Flood Zone: No
Total # of Units: 4
Elementary School District: Washington Elementary School District
High School District: Glendale Union High School District
Elementary School: Washington Elementary School
High School: Glendale High School
Year Built: 1963
Zoning: Multifamily
Legal Info
Range: 2E
Section: 13
Township: 3N
Lot Number: -
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Built-Up: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 3705
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 2400
Annual Wtr/Swr Exp: 2400
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Operating Exp: 10330
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 54638
Pmt & Rate Info
Cap Rate: 7.4
Equity: 599000
Down Payment %: 100
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Individual: 1
Cooling
Electric: 1
Individual: 1
Exterior Amenities
Desert Landscaping: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Cable TV: 1
Other (See Remarks): 1
Appliances Included
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Access Type
City Street: 1
Road Surface Type
Gravel: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Private Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Assigned: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-902-1490
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1138
Avg SqFt: 900
# Baths: 4
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 19th Ave and Cactus Rd
Directions: Use GPS
Geo Lat: 33.597026
Geo Lon: -112.101895
Income Expenses
Gross Annual Sch Inc: 54638
Net Operating Income: 44308
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Built-Up
Floors: Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Microwave; Washer/Dryer
Heating: Individual; Heat Pump
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: 1 Space/Unit; Assigned
Road Access Type: City Street
Road Surface Type: Gravel
Road Responsibility: City Maintained Road; Private Maintained Road
Owner Pays: Trash Collection
Tenant Pays: Water; Sewer; Electricity; Cable TV; Other (See Remarks)
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office:
eXp Realty
Last Updated: February - 19 - 2026
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