- Save your searches
- Get updates on listings
- Track listings
- Add notes and messages
- Personalize your dashboard
4201 E ALMERIA Road 1, Phoenix, AZ 85008
Overview
Description
Supplements: ... (Read more) mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.
Listing Details MLS# 7029061
Location, Tax & Legal
- House Number
- 4201
- Compass
- E
- Street Name
- ALMERIA
- St Suffix
- Road
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85008
- Zip4
- 4070
- Country
- US
- County Code
- Maricopa
- Subdivision
- ELLA LEE
- Assessor Number
- 126-07-066
- Tax Year
- 2025
- Unit #
- Yes
- Assessor's Map #
- 7
- Legal Description (Abbrev)
- LOT 1 ELLA LEE MCR 008247
- Assessor's Parcel #
- 66
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 111300
- Taxes
- 1137
- Legal
- LOT 1 ELLA LEE MCR 008247
- Marketing Name
- Ella Lee
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 7780
- Year Built
- 1969
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 2
- # of Buildings
- Yes
- Zoning
- R-3
- Elementary School District
- Balsz Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Brunson-Lee Elementary School
- Jr. High School
- Pat Tillman Middle School
- High School
- Camelback High School
Remarks Misc
- Cross Street
- 40th St & McDowell
- Directions
- McDowell Rd to 41st Place | North on 41st Pl to Almeria Rd | Right on Almeria Rd to 5th property on the right.
Legal Info
- Township
- 2N
- Range
- 4E
- Section
- 31
- Lot Number
- Yes
Income Expenses
- Gross Annual Sch Inc
- 75000
- Net Operating Income
- 49374
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg SqFt
- 987
- # Baths
- 2
- Avg Rent
- 0
Project Type
- Duplex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
Income & Expenses
- Annual Elec Exp
- 4176
- Annual Gas Exp
- 0
- Annual Ins Exp
- 3576
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1560
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 4800
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 2016
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 4140
- Operating Exp
- 21405
- Other Income
- 0
- Vacancy Allowance
- 0.25
- Adjusted Gross Inc
- 56250
- Total Monthly Rental Income
- 5833
Pmt & Rate Info
- Cap Rate
- 6.87
- Equity
- 719000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- See Private Remarks
- Yes
- None
- Yes
Community Features
- Heated Spa(s)
- Yes
- Exercise Room
- Yes
- Barbecue
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
- 2 or More Units
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
- Fenced
- Yes
- Cable TV Available
- Yes
- Patio/Balcony
- Yes
- Separate Storage
- Yes
- Security Light(s)
- Yes
Interior Features
- Furnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- None
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
Road Access Type
- Alley
- Yes
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
- Dirt
- Yes
Source of Fincl Data
- Owner
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Detached Garage
- Yes
- Carport
- Yes
- 1 Space/Unit
- Yes
- Add'l Parking Avail
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Electric
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- 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