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2018 W Cactus Road, Phoenix, AZ 85029

Phoenix
Local realty services provided by:CENTURY 21 Toma Partners
2018 W Cactus Road,Phoenix, AZ 85029
$520,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: john p galaviz
Office: exp realty
MLS#:6953868
Source:ARMLS

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Price summary

  • Price:$520,000

About this home

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

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Home facts

  • Year built:1963
  • Listing ID #:6953868
  • Updated:June 11, 2026 at 06:50 AM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Cooling:Electric, Individual Cooling
  • Heating:Electric, Heat Pump, Individual Heating

Structure and exterior

  • Year built:1963
  • Construction Materials:Block, Painted

Schools

  • High school:Glendale High School
  • Elementary school:Washington Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$520,000
  • Tax amount:$1,825 (2025)

Parking

  • Total parking spaces:4
  • Parking description:1 Parking Space/Unit, Assigned
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Benjamin Toma

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