4307 N 13th Place, Phoenix, AZ 85014 (MLS# 6889404)

4307 N 13th Place, Phoenix, AZ 85014

$1,850,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $1,850,000 Last Modified: 4/28/2026

Overview

Description

Fully Leased, Stabilized 4-Plex - Brand New Construction in Central Phoenix! Exceptional opportunity to acquire a newly built, fully leased, income-producing 4-unit investment property in the heart of Central Phoenix. All four residences are identical, highly desirable floorplans featuring 4 bedrooms, 3.5 baths, a loft-style den, direct-access 2-car garage, and private fenced backyard—a rare combination in the rental market and ideal for long-term stability. Modern architecture pairs with designer-selected interiors including 9' ceilings, quartz countertops, 42'' white cabinetry, stainless steel appliances, upgraded fixtures, and full window coverings. Positioned minutes from downtown Phoenix, major freeways, shopping, dining, and entertainment, this turnkey asset delivers impressive per

Supplements: With its high bedroom count & modern design, this property is ideal for traditional rentals, corporate housing, or specialty use such as behavioral health or sober living.

Listing Details MLS# 6889404

Location, Tax & Legal

House Number: 4307
Compass: N
Street Name: 13th
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Country: US
County Code: Maricopa
Assessor Number: 155-08-069-A
Tax Year: 2025
Assessor's Map #: 8
Assessor's Parcel #: 69
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Tax Municipality: Maricopa - COUNTY
Taxes: 1106
Legal: 179638 QUATTRO ON 13TH
Marketing Name: QUATTRO ON 13TH

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 16,200
Year Built: 2025
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Flood Zone: TBD
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Camelview Elementary
Jr. High School: Madison #1 Elementary School
High School: North High School

Remarks Misc

Cross Street: 16th Street/ Campbell

Status Change Info

Off Market Date: 2026-01-29
Under Contract Date: 2026-01-29
Close of Escrow Date: 2026-02-20

Legal Info

Lot Number: N/A

More Information

Income Expenses

Gross Annual Sch Inc: 140508
Net Operating Income: 135882

Showing Notification Methods

Showing Service: No Showing Service Used

4 Bedrooms Units

# 4 Bedroom Units: 4
Avg Rent: 2930
Avg SqFt: 1776
# Baths: 4

Sold Info

Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Construction Status

New Construction: Yes

Roofing

Foam: Yes

Floors

Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 650
Annual Ins Exp: 3000
Annual Landscape Exp: 0
Annual Maint Exp: 2085
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 350
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 4400
Operating Exp: 11591
Other Income: 2400
Vacancy Allowance: 0.05
Adjusted Gross Inc: 135762.6
Total Monthly Rental Income: 33750

Pmt & Rate Info

Cap Rate: 6.88
Equity: 1975000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes
Individual: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Patio/Balcony: Yes

Interior Features

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

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes

Appliances Included

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

Road Surface Type

Asphalt: Yes
Concrete: Yes

Source of Fincl Data

Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
1031 Exchange: Yes

Reports/Disclosures

Development Plan Avl: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Construction Status: New Construction Roofing: Foam Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s); Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Garage Road Surface Type: Asphalt; Concrete Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection Source of Fincl Data: Projected Proforma Lockbox Type: None New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None

Listing Office: RE/MAX Excalibur

Last Updated: April - 28 - 2026