4332 N 27TH Street, Phoenix, AZ 85016

$983,000
Property Type: Multiple Dwellings Bedrooms: 11 Baths: 5 Status: Closed
Current Price: $983,000 Last Modified: 10/15/2026

Overview

Description

4332 N 27th St is a 5-unit multifamily community located in the Biltmore Submarket. Originally constructed in 1943 & later built in 1964, the asset sits in a high rental demand area within walking distance to Biltmore Fashion Park, and within close proximity to Downtown Phoenix. 4332 N 27th St features a unit mix of (4) two-bedroom, one-bathroom units and (1) three-bedroom, one-bathroom unit that have been well-maintained and updated throughout ownership.

Listing Details MLS# 6908488

Location, Tax & Legal

House Number
4332
Compass
N
Street Name
27TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85016
Zip4
5744
Country
US
County Code
Maricopa
Subdivision
CITRUS HEIGHTS LOTS 1-9
Assessor Number
163-08-019-A
Tax Year
2024

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
82x197.4
Year Built
1964
Uncvrd Parking Spcs
10
Total # of Units
5
# of Buildings
2
Zoning
R-3 & SFR
Elementary School District
Madison Elementary District
High School District
Phoenix Union High School District

Status Change Info

Off Market Date
2026-01-08
Under Contract Date
2026-01-08
Close of Escrow Date
2026-01-30

Legal Info

Township
2N
Range
3E
Section
23
Lot Number
12

More Information

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1275
Avg SqFt
860
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
1295
Avg SqFt
1080
# Baths
Yes

Structure

Bedrooms Total
11
Bathrooms Total
5

Income Expenses

Gross Annual Sch Inc
68556
Net Operating Income
49902

Showing Notification Methods

Showing Service
No Showing Service Used

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted Roofing: Composition; Foam Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Patio/Balcony; Separate Storage Appliances Included: Refrigerator; Microwave; Washer/Dryer; W/D Hookup Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: >1 Space Per Unit Road Surface Type: Gravel; Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner; Projected Proforma Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: Other (See Remarks)
IDX
Listing Office: Matthews Real Estate Investment Services
Office Phone: 310-388-0788
Office Email: david.harrington@matthews.com
Last Updated: October - 15 - 2026
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