4401 N 21st Street, Phoenix, AZ 85016
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
4401 N 21st Street,Phoenix, AZ 85016
$4,000,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: terry j kass
Office: coldwell banker commercial realty
MLS#:7041244
Source:ARMLS
Price summary
- Price:$4,000,000
About this home
Turney Villas is a centrally located multifamily investment opportunity consisting of a 16-unit apartment made up of mostly two bedroom/one bath units, and two separate houses. All units, except the one bedroom/one bath have a fenced in back or front yard. Most of the units have coated cement floors. There is both covered and uncovered parking available to the tenants, with ample street parking in front of the complex. The building was completely remodeled when the current owner purchased it.
The Kitchen is good sized which opens to the dining and living rooms. There is a washer/dryer in each unit. They are very nice units which gives the tenants a very comfortable feeling.
This Listing consists of 4 separate parcels that all have to be purchased together. Turney Villas is a centrally located multifamily investment opportunity consisting of a 16-unit apartment made up of mostly two bedroom/one bath units, and two separate houses. All units, except the one bedroom/one bath have a fenced in back or front yard. Most of the units have coated cement floors. There is both covered and uncovered parking available to the tenants, with ample street parking in front of the complex. The building was completely remodeled when the current owner purchased it.
The Kitchen is good sized which opens to the dining and living rooms. There is a washer/dryer in each unit. They are very nice units which gives the tenants a very comfortable feeling.
The property was previously rezoned to R4A with prior approval for up to 64 multifamily units across a 4-story configuration, providing investors with future density and redevelopment optionality.
Location Description:
Located within the highly desirable Biltmore and Midtown Phoenix corridor, Turney Villas benefits from strong connectivity to major employment centers, retail, entertainment, and transportation corridors. The property is very close to the AZ-51, which connects you into the 101, 202 and 10 freeways. You are close to Arcadia, Scottsdale, and the Camelback Corridor. This area is experiencing population growth, employment expansion, and limited infill housing supplies which keep up strong multifamily demand. This also sets up exceptional opportunity for future development....
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Home facts
- Year built:1971
- Listing ID #:7041244
- Updated:August 13, 2026 at 09:15 AM
Rooms and interior
- Flooring:Concrete, Vinyl
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1971
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$4,000,000
- Tax amount:$2,867 (2025)
Parking
- Total parking spaces:24
- Parking description:Additional Parking Available, More Than 1 Parking Space/Unit
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