4514 N 14TH Place, Phoenix, AZ 85014 (MLS# 7020424)

4514 N 14TH Place, Phoenix, AZ 85014

$850,000

Property Type: Multiple Dwellings Status: Active

Current Price: $850,000 List Date: 4/30/2026 Last Modified: 5/05/2026

Overview

Description

Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants enjoy a private, lushly landscaped courtyard, along with semi private patios for each unit, creating a unique community-oriented living environment. Additional highlights include covered parking for three vehicles plus 3 uncovered spaces, multiple storage areas, and a shared laundry room with washer and dryer included. Each unit is separately metered for gas and electric and equipped with its own

Supplements: separately metered for gas and electric and equipped with its own HVAC system and water heater, minimizing owner expenses and simplifying management. Ideal for investors seeking stable cash flow, with future flexibility. Potential owner-occupant opportunity available as early as July. These opportunities do not come up often!

Listing Details MLS# 7020424

Location, Tax & Legal

House Number: 4514
Compass: N
Street Name: 14TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4257
Country: US
County Code: Maricopa
Subdivision: VICTOR PARK
Assessor Number: 155-02-024
Tax Year: 2025
Assessor's Map #: 2
Assessor's Parcel #: 24
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108602
Taxes: 1359
Legal: LOT 13 VICTOR PARK MCR 003232
Marketing Name: Mid-Mod Midtown Tri-plex

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 128 x 65
Year Built: 1968
Uncvrd Parking Spcs: Yes
Total # of Units: 3
# of Buildings: Yes
Zoning: R-3
Flood Zone: No
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Camelview Elementary
Jr. High School: Madison Park School
High School: North High School

Remarks Misc

Cross Street: 16th St & Camelback
Directions: South on 16th St to Campbell, right on Campbell to 14th Place, right on 14th Place to property on your left.

Legal Info

Township: 2N
Range: 3E
Section: 21
Lot Number: 13

Income Expenses

Gross Annual Sch Inc: 54600
Net Operating Income: 47595

More Information

Showing Notification Methods

Showing Service: Aligned Showings

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1375
Avg SqFt: 650
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1800
Avg SqFt: 850
# Baths: Yes

Project Type

Tri-Plex: Yes

Construction

Block: Yes

Const - Finish

Other (See Remarks): Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes
Wood: Yes
Ceramic Tile: Yes

Sale Includes

Land & Building: Yes
Laundry Equipment: Yes

Income & Expenses

Annual Ins Exp: 1327
Annual Landscape Exp: 300
Annual Wtr/Swr Exp: 2209
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 1810
Operating Exp: 7005
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 54600

Pmt & Rate Info

Cap Rate: 5.6
Equity: 850000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Other: Yes

Community Features

No Pool: Yes

Heating

Natural Gas: Yes
Individual: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
Individual: Yes

Exterior Amenities

Landscape Water System: Yes
Green Landscaping: Yes
Desert Landscaping: Yes
Fenced: Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Separate Storage: Yes
Security Light(s): Yes
Other (See Remarks): Yes

Interior Features

Unfurnished: Yes
Mini Blinds: Yes

Tenant Pays

Gas: Yes
Electricity: Yes
Cable TV: Yes

Appliances Included

Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes

Road Access Type

Alley: Yes

Road Surface Type

Asphalt: Yes
Dirt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

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

Parking Features

Carport: Yes
1 Space/Unit: Yes
>1 Space Per Unit: Yes
Paved: Yes
Add'l Parking Avail: Yes
Assigned: Yes

Electric

APS: Yes
Individual Meter: Yes

Gas

SW Gas: Yes
Individual Meter: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Other (See Remarks) Roofing: Composition Floors: Vinyl; Wood; Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage; Security Light(s); Other (See Remarks) Interior Features: Unfurnished; Mini Blinds Appliances Included: Built-In Range; Refrigerator; Disposal; Microwave Heating: Natural Gas; Individual Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Carport; 1 Space/Unit; >1 Space Per Unit; Add'l Parking Avail; Assigned; Paved Road Access Type: Alley Road Surface Type: Dirt; Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Lockbox Type: Other Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: My Home Group Real Estate

Last Updated: May - 05 - 2026