3044-48 E Beck Lane, Phoenix, AZ 85032

$1,800,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,800,000 Last Modified: 1/21/2026

Overview

Description

Excellent Phoenix Multifamily Investment Opportunity! Located at 3044-3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 8-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupied.

Listing Details MLS# 6968554

Location, Tax & Legal

House Number
3044-48
Compass
E
Street Name
Beck
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85032
Zip4
2715
Country
US
County Code
Maricopa
Subdivision
EL FRESNAL
Assessor Number
214-37-027-c
Tax Year
2025
Assessor's Map #
37
Legal Description (Abbrev)
LOT 1 EL FRESNAL MCR
Assessor's Parcel #
27
Assessor Parcel Ltr
c
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114301
Taxes
3082
Legal
LOT 1 EL FRESNAL MCR
Marketing Name
3044-3048 E Beck Phoenix

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
18916
Year Built
1987
Total # of Units
8
# of Buildings
2
Zoning
R3
Elementary School District
Paradise Valley Unified District
High School District
Paradise Valley Unified District
Elementary School
Palomino Primary School
Jr. High School
Paradise Valley High School
High School
North Canyon High School
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
32nd STREET & GREENWAY

Legal Info

Township
214
Range
c
Section
37
Lot Number
027

Income Expenses

Gross Annual Sch Inc
129150
Net Operating Income
111592

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Efficiency Units

# Efficiency Units
8
Avg Rent
0

2 Bedroom Units

# 2 Bedroom Units
8
Avg Rent
1345
Avg SqFt
1000
# Baths
2

Project Type

Four Plex
Yes
5 - 12 Units
Yes

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Built-Up
Yes

Floors

Laminate
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
910.11
Annual Ins Exp
2957.72
Annual Landscape Exp
3000
Annual Wtr/Swr Exp
10688.16
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
20637.99
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
129150

Pmt & Rate Info

Cap Rate
6.2
Equity
750000
1st Encumbrance
1050000
Down Payment %
0
Monthly Payments
0
Total Owed
1050000

Lockbox Type

See Private Remarks
Yes
None
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes
Individual
Yes

Cooling

Evaporative Cooling
Yes
Individual
Yes

Exterior Amenities

Curb(s) & Gutter(s)
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Other (See Remarks)
Yes

Appliances Included

Dishwasher
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Access Type

City Street
Yes

Road Surface Type

Concrete
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes
Other
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Conventional
Yes

Existing 1st Loan Type

Fixed
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex; 5 - 12 Units Construction: Wood Frame Const - Finish: Stucco Roofing: Built-Up Floors: Laminate; Ceramic Tile; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Curb(s) & Gutter(s) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer Heating: Natural Gas; Individual Cooling: Evaporative Cooling; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit Road Access Type: City Street Road Surface Type: Concrete Owner Pays: Water; Trash Collection; Landscaping; Other Tenant Pays: Electricity; Gas; Other (See Remarks) Source of Fincl Data: Owner Lockbox Type: See Private Remarks; None Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed New Financing: Cash; VA; FHA; Conventional Environmental: None

Documents

IDX
Listing Office: SENW
Last Updated: January - 21 - 2026
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