Phoenix, AZ 85029,2018 W CACTUS Road
Phoenix, AZ 85029,2018 W CACTUS Road
Phoenix, AZ 85029,2018 W CACTUS Road
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$599,000
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2018 W CACTUS Road Phoenix, AZ 85029

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6953868

Year Built 1963

Annual Tax Amount $1,825

Tax Year 2025

Lot Dimensions 94.1x101.92x92.61x101.96

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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!

Location

State AZ

County Maricopa

Area Maricopa

Zoning Multifamily

Direction Use GPS

Interior

Heating Individual, Heat Pump, Electric

Cooling Electric, Individual

Flooring Flooring

Appliance Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Exterior

Parking Features Assigned, 1 Space/Unit

Community Features No Pool

Roof Type Built-Up

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Washington Elementary School

High Schools Glendale High School

School District Glendale Union High School District

Others

Senior Community No

Tax ID 149-04-015

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Disclosures Seller Prop Disc Stm

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by eXp Realty

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Mike Domer

Mike Domer

Broker Associate | BRBR011375000

+1(480) 861-8883

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2018 W CACTUS Road