2444 E Willetta Street #4, Phoenix, AZ 85008
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
2444 E Willetta Street #4,Phoenix, AZ 85008
$750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: sophia j willets
Office: real broker
MLS#:7058509
Source:ARMLS
Price summary
- Price:$750,000
About this home
Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping.
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Home facts
- Year built:1981
- Listing ID #:7058509
- Updated:July 25, 2026 at 04:26 AM
Rooms and interior
- Flooring:Tile
Heating and cooling
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1981
- Construction Materials:Painted, Stucco
Schools
- High school:Camelback High School
- Middle school:Creighton Virtual Academy
- Elementary school:Creighton Virtual Academy
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$750,000
- Tax amount:$1,050 (2025)
Parking
- Total parking spaces:8
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