About This Home

This 4-bedroom, 4-bathroom residential multi family at 4201 E ALMERIA Road #1 in Phoenix, AZ is listed for $699,000. Built in 1969, on a N/A lot.

Key Features

  • Built in 1969

Property Details

3 full
#1
1969

Amenities

A/C
Listing Description

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews.

Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential.

Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs.

Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature.

Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers.

With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

4201 E ALMERIA Road #1

Phoenix, AZ 85008

ELLA LEE

Property Details

Flooring

Tile

Construction

Painted Block

Parking

CarportGarage - Detached

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)Multi UnitsElectric

Appliances

Free-Standing RangeDisposalDishwasherRefrigeratorMicrowaveWasher/Dryer

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 4201 E ALMERIA Road is listed at $699,000. The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969.

This property is listed by Kathaleen Patterson.

KP

Kathaleen Patterson

Agent at Realty ONE Group

Listed by Realty ONE Group · Broker phone: (623) 404-0110 · View on Broker Site · Broker website

MLS# 7029061· Source: Arizona Regional Multiple Listing Service, Inc.· 166 days on PropertySimple

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.

4201 E ALMERIA Road #1, Phoenix, AZ 85008

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