6249 N Litchfield Road, Litchfield Park, AZ 85340
Local realty services provided by:CENTURY 21 Arizona West
6249 N Litchfield Road,Litchfield Park, AZ 85340
$695,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cecilia mulroy
Office: my home group real estate
MLS#:7016981
Source:ARMLS
Price summary
- Price:$695,000
About this home
6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley
Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base.
Investment Highlights:
Potential $43,200 Annual Gross Income
$900/month per unit
5.4% Cap Rate.
Strong, consistent rental demand (military + workforce housing) Location Strength:
Direct frontage near Luke AFB (stable tenant base)
High visibility along Litchfield Road
Across from Tesla Collision Center (employment-driven demand)
Rapidly expanding commercial and industrial growth corridor
Property Features:
Single-story 4-plex with private entrances
Large lot with ample off-street parking
Expansive rear/common area with utility access (visible in photos)
Low-maintenance desert landscaping
Solid block construction
Functional layouts with upside through cosmetic upgrades
Value-Add Potential:
Below-market rents ' opportunity to increase income
Space for improved tenant amenities (outdoor seating, storage, etc.)
Strong candidate for long-term hold or portfolio expansion
Income Upside Analysis (Pro Forma):
Current:
* $900 × 4 units = $3,600/month
* Annual = $43,200
Scenario 1 - Moderate Increase ($1,050/unit):
* $1,050 × 4 = $4,200/month
* Annual = $50,400
* + $7,200/year increase
Scenario 2 - Market Alignment ($1,200/unit):
* $1,200 × 4 = $4,800/month
* Annual = $57,600
* + $14,400/year increase...
Contact an agent
Home facts
- Year built:1957
- Listing ID #:7016981
- Updated:June 04, 2026 at 02:59 PM
Rooms and interior
- Flooring:Tile
Heating and cooling
- Cooling:Ceiling Fan(s), Wall/Window Unit
- Heating:Electric, Window Wall Heating Unit(s)
Structure and exterior
- Year built:1957
- Construction Materials:Block, Painted
Schools
- High school:Canyon View High School
- Middle school:Western Sky Middle School
- Elementary school:Dreaming Summit Elementary
Utilities
- Sewer:Septic In & Connected
Finances and disclosures
- Price:$695,000
- Tax amount:$1,142 (2025)
Parking
- Total parking spaces:8
- Parking description:1 Parking Space/Unit, Free Parking, Less Than 1 Parking Space/Unit, RV Access/Parking
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