2018 W Cactus Road, Phoenix, AZ 85029

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
2018 W Cactus Road,Phoenix, AZ 85029
$599,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: john p galaviz
Office: exp realty
MLS#:6953868
Source:ARMLS

Price summary

  • Price:$599,000

About this home

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

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Home facts

  • Year built:1963
  • Listing ID #:6953868
  • Updated:March 14, 2026 at 01:30 AM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Cooling:Electric, Individual Cooling
  • Heating:Electric, Heat Pump, Individual Heating

Structure and exterior

  • Year built:1963
  • Construction Materials:Block, Painted

Schools

  • High school:Glendale High School
  • Elementary school:Washington Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$599,000
  • Tax amount:$1,825 (2025)

Parking

  • Total parking spaces:4
  • Parking description:1 Parking Space/Unit, Assigned
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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