4115 N 18TH Drive, Phoenix, AZ 85015 (MLS# 6966851)

4115 N 18TH Drive, Phoenix, AZ 85015

$390,000

Property Type: Multiple Dwellings Status: Active

Current Price: $390,000 Last Modified: 4/20/2026

Overview

Description

Charming central Phoenix opportunity with two detached 2BR/1BA homes on one lot, just north of Indian School, east of 19th Ave. Each home offers its own private yard space, separate entrances, and individual parking, creating an ideal setup for multi-generational living or an investor seeking strong rental potential. Fantastic location close to Clarendon/Encanto area schools, light rail, shopping, dining and easy freeway access, with strong rental demand. Ideal house-hack opportunity with two separate detached homes on one lot--live in one and rent the other, use both as income properties, or create a flexible multi-generational setup. Buyer to verify all facts and figures, including square footage, schools, and any rental or zoning details to their satisfaction.

Listing Details MLS# 6966851

Location, Tax & Legal

House Number: 4115
Compass: N
Street Name: 18TH
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 5249
Country: US
County Code: Maricopa
Subdivision: unk
Assessor Number: 155-49-106
Tax Year: 2025
Assessor's Map #: 49
Legal Description (Abbrev): PT SW4 SW4 N2 W2 OF FOL FR SW COR SEC RUN E /ASSMD BEAR/ ALG SEC LI 260.35' TH N 0: 05' 30
Assessor's Parcel #: 106
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108901
Taxes: 1774
Legal: PT SW4 SW4 N2 W2 OF FOL FR SW COR SEC RUN E /ASSMD BEAR/ ALG SEC LI 260.35' TH N 0: 05' 30'' W 33'
Marketing Name: two 2br/1ba homes 1 lot

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 8719 sqft
Year Built: 1939
Uncvrd Parking Spcs: Yes
Total # of Units: 2
# of Buildings: 2
Zoning: R-3Multi SFR
Flood Zone: No
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Clarendon School
Jr. High School: Osborn Middle School
High School: Central High School

Remarks Misc

Cross Street: Indian School Rd and 18th Dr
Directions: From Indian School Rd and 19th Ave, go east on Indian School Rd, then quick left (north) on 18th Dr to home on the right.''

Legal Info

Township: 2N
Range: 3E
Section: 19
Lot Number: n/a

Income Expenses

Gross Annual Sch Inc: 36000
Net Operating Income: 36986

More Information

Showing Notification Methods

Showing Service: Aligned Showings
No Notification Required to Show: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1700
Avg SqFt: 613865
# Baths: Yes

Project Type

Other (See Remarks): Yes

Other Type

House + Rental Units: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Siding: Yes

Roofing

Composition: Yes

Floors

Tile: Yes
Concrete: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1774
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 34200
Total Monthly Rental Income: 3000

Pmt & Rate Info

Cap Rate: 9.25
Equity: 400000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes
Central: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Individual: Yes

Exterior Amenities

Fenced: Yes
Cable TV Available: Yes
Sidewalk(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes
Landscaping: Yes

Appliances Included

Free-Standing Gas Oven: Yes
Microwave: Yes
Free-Standing Range: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Accountant: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Carport: Yes
On Street: Yes
Attached Carport: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
Conventional: Yes

Special

Accept Backups (CLO): Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
Other (See Remarks): Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Other (See Remarks) Other Type: House + Rental Units Construction: Block Const - Finish: Painted; Stucco; Siding Roofing: Composition Floors: Tile; Concrete; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available; Sidewalk(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Microwave; W/D Hookup Heating: Central Cooling: Ceiling Fan(s); Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS Gas: SW Gas Parking Features: Carport; On Street; Attached Carport Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping Source of Fincl Data: Owner; Accountant Special: Accept Backups (CLO) Showing Notification Methods: No Notification Required to Show Lockbox Type: Supra Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Conventional Environmental: None

Listing Office: Success Property Brokers

Last Updated: April - 20 - 2026