2228 N 20TH Street, Phoenix, AZ 85006

$725,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Active
Current Price: $725,000 Last Modified: 9/02/2026

Overview

Description

Fourplex available! Great Income! Perfect for a house hack opportunity. Features 4 units: a 2-bedroom/1-bath home with front and back yards and a driveway rented at $1,550/month, plus 3 units in a separate building--a studio ($950/month), 1-bedroom/1-bath ($1,000/month), and 2-bedroom/1-bath ($1,500/month). Total rents are $5,000/month. New roof in 2021. New exterior paint in 2026. Tenants pay gas/electric. Owner pays water, sewer, and trash. Drive by only. Do NOT disturb tenants.

Listing Details MLS# 7070756

Location, Tax & Legal

House Number
2228
Compass
N
Street Name
20TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Zip4
2086
Country
US
County Code
Maricopa
Subdivision
EAST ROSELAWN HEIGHTS
Assessor Number
117-14-127
Tax Year
2025
Assessor's Map #
14
Legal Description (Abbrev)
E ROSELAWN HTS
Assessor's Parcel #
127
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111602
Taxes
1096
Legal
E ROSELAWN HTS
Marketing Name
Central Phoenix Fourplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7,024
Year Built
1963
Uncvrd Parking Spcs
3
Total # of Units
4
# of Buildings
2
Zoning
C-1
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
20th Street & Cypress

Legal Info

Township
2N
Range
3E
Section
34
Lot Number
Yes

Efficiency Units

# Efficiency Units
Yes
Avg Rent
950
Avg SqFt
550
# Baths
Yes

More Information

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
1000
Avg SqFt
600
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1525
Avg SqFt
600
# Baths
Yes

Structure

Bedrooms Total
6
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
60000
Net Operating Income
47464

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

Project Type

Four Plex
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes
Slump Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Other
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
1440
Annual Maint Exp
5800
Annual Wtr/Swr Exp
2400
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
10736
Other Income
0
Vacancy Allowance
0.03
Adjusted Gross Inc
58200

Pmt & Rate Info

Cap Rate
6.55
Equity
725000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes
Natural Gas
Yes

Cooling

Central Air
Yes
Electric
Yes
Gas
Yes
Individual
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Disposal
Yes
Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes
Master Meter
Yes
Individual Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
On Street
Yes
>1 Space Per Unit
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes
SRP
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
City Gas
Yes
Individual Meter
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
No Carry
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: Four Plex Construction: Wood Frame; Slump Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Disposal Heating: Natural Gas Cooling: Electric; Gas; Individual; Central Air Water Source: City Franchise; Master Meter; Individual Meter Sewer: Sewer - Public Electric: APS; SRP; Individual Meter Gas: SW Gas; City Gas; Individual Meter Parking Features: Carport; On Street; >1 Space Per Unit; Add'l Parking Avail Road Surface Type: Asphalt; Concrete Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Compass
Last Updated: September - 02 - 2026
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