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4821 E Sheridan Street, Phoenix, AZ 85008

Phoenix
Local realty services provided by:CENTURY 21 Desert Estates Realty
4821 E Sheridan Street,Phoenix, AZ 85008
$1,450,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: linda s gerchick
Office: gerchick real estate
MLS#:6989552
Source:ARMLS

Price summary

  • Price:$1,450,000

About this home

Investment Potential: This fully renovated Arcadia 4-plex just became one of the most compelling small multifamily plays in the Phoenix market. Recently reduced from $1,695,000 to $1,450,000, 4821 E Sheridan combines over $500,000 in capital improvements, strong rent potential, and an A+ Arcadia location that continues to attract high-quality tenants. One unit has just leased at $1,895 per month + $50 in RUBS, and three additional units are available to show and in active lease-up. For investors seeking a turnkey asset with both income growth and long-term appreciation, this property checks all the boxes. Buyer to verify all facts and figures. see supplemental information A Fully Renovated Investment Opportunity in One of Phoenix's Most Coveted Neighborhoods This meticulously upgraded 4-unit property is nestled in the heart of Arcadia, a prestigious neighborhood known for its lush landscapes, historic charm, and proximity to Camelback Mountain. Arcadia offers a unique blend of...

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Home facts

  • Year built:1957
  • Listing ID #:6989552
  • Updated:May 23, 2026 at 02:54 PM

Rooms and interior

  • Flooring:Ceramic Tile

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump, Individual Cooling
  • Heating:Heat Pump

Structure and exterior

  • Year built:1957
  • Construction Materials:Block, Painted, Stucco

Utilities

  • Water:City Franchise, Master Meter
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$1,450,000
  • Tax amount:$1,745 (2024)

Parking

  • Total parking spaces:8
  • Parking description:Assigned, Free Parking, More Than 1 Parking Space/Unit, Paved
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: JoAnn Ayres

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