# 1321 N 48TH Place, Phoenix, AZ 85008

> **TL;DR:** 8bd/4ba residential multi family, $899,000, built 1960.
> A/C. Est. $4,808/mo. Listed 228 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,000 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Year Built | 1960 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 228 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,546 |
| Estimated Insurance | $262 |
| **Total** | **$4,808** |

## Nearby Schools

- **Elementary:** Brunson-Lee Elementary School
- **Middle:** Pat Tillman Middle School
- **High:** Buckeye Union High School

## Key Amenities

- A/C

## Property Highlights

- Built in 1960

## Description

### Agent Description
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.

## Location

- **Address:** 1321 N 48TH Place, Phoenix, AZ 85008
- **County:** Maricopa
- **Neighborhood:** PALOMINO ESTATES
- **Coordinates:** 33.4628, -111.977256
- **Google Maps:** https://www.google.com/maps?q=33.4628,-111.977256

## Listing Agent

- **Name:** Monica Coker
- **Brokerage:** HomeSmart
- **Phone:** 4803071815
- **Broker Phone:** (602) 230-7600
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1321-N-48th-Pl-Apt-2_Phoenix_AZ_85008_M12950-75591?f=listhub&s=ARMLSAZ&m=6988566&c=propsimple)

## Photos

![1321 N 48TH Place - Photo 1](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f1586011285r.jpg)

![1321 N 48TH Place - Photo 2](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2782846844r.jpg)

![1321 N 48TH Place - Photo 3](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f3667726745r.jpg)

![1321 N 48TH Place - Photo 4](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f3148518335r.jpg)

![1321 N 48TH Place - Photo 5](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f4238682990r.jpg)

![1321 N 48TH Place - Photo 6](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f639402186r.jpg)

![1321 N 48TH Place - Photo 7](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2829400576r.jpg)

![1321 N 48TH Place - Photo 8](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2706932331r.jpg)

![1321 N 48TH Place - Photo 9](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f312564646r.jpg)

![1321 N 48TH Place - Photo 10](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2713610400r.jpg)

![1321 N 48TH Place - Photo 11](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f3911258892r.jpg)

![1321 N 48TH Place - Photo 12](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f3887614821r.jpg)

![1321 N 48TH Place - Photo 13](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f3457834401r.jpg)

![1321 N 48TH Place - Photo 14](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2627069657r.jpg)

![1321 N 48TH Place - Photo 15](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f73593229r.jpg)

![1321 N 48TH Place - Photo 16](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f1323042779r.jpg)

![1321 N 48TH Place - Photo 17](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2552233730r.jpg)

![1321 N 48TH Place - Photo 18](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f990549715r.jpg)

![1321 N 48TH Place - Photo 19](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f948884533r.jpg)

![1321 N 48TH Place - Photo 20](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2440674438r.jpg)

![1321 N 48TH Place - Photo 21](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2185345727r.jpg)

![1321 N 48TH Place - Photo 22](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f1330797772r.jpg)

![1321 N 48TH Place - Photo 23](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2956629145r.jpg)

![1321 N 48TH Place - Photo 24](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2232885383r.jpg)

![1321 N 48TH Place - Photo 25](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f1306074946r.jpg)

![1321 N 48TH Place - Photo 26](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2443209471r.jpg)

![1321 N 48TH Place - Photo 27](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f3966044030r.jpg)

![1321 N 48TH Place - Photo 28](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f173514841r.jpg)

![1321 N 48TH Place - Photo 29](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f1615860195r.jpg)

![1321 N 48TH Place - Photo 30](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f2096549605r.jpg)

![1321 N 48TH Place - Photo 31](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f1760340700r.jpg)

![1321 N 48TH Place - Photo 32](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f990874500r.jpg)

![1321 N 48TH Place - Photo 33](http://lh.rdcpix.com/6af16bd3c48e648063a0bdb42726f963l-f4176283955r.jpg)

---

**MLS#:** 6988566 | **Updated:** 2026-09-24
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1321-n-48th-place-phoenix-az-85008-6988566)

---

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