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:January 29, 2026 at 10:11 AM
Heating and cooling
- Cooling:Electric, Individual Cooling
- Heating:Electric, Heat Pump, Individual Heating
Structure and exterior
- Year built:1963
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)
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