1225 E CAMPBELL Avenue, Phoenix, AZ 85014 (MLS# 6987958)

1225 E CAMPBELL Avenue, Phoenix, AZ 85014

$915,000

Property consists of a three 1-bed/1-bath units and a standalone 2-bed/1-bath

Property consists of a standalone 2-bed/1-bath and a three 1-bed/1-bath units.

Property Type: Multiple Dwellings Status: Closed

Current Price: $915,000 Last Modified: 5/09/2026

Overview

Description

Turn-key stabilized Central Phoenix 4-plex in a proven rental corridor. Comprised of a freestanding 2-bed/1-bath home plus three 1-bed/1-bath units, offering diversified unit mix and strong in-place tenancy. All units offer modern kitchens and baths, tile flooring, recessed lighting and north/south exposure. Recent capital improvements include full termite treatment with transferable warranty, major HVAC updates, new water heater 2024, exterior paint 2021 and seal/coat driveway 2023. Owner pays gas (2 water heaters) and water/sewer; tenants pay electric, cable, etc. No HOA. Consistent occupancy history and proximity to the Camelback and Biltmore corridors. Dedicated parking at back of community. Durable infill location with long-term appreciation and rental growth potential.

Listing Details MLS# 6987958

Location, Tax & Legal

House Number: 1225
Compass: E
Street Name: CAMPBELL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4204
Country: US
County Code: Maricopa
Subdivision: MEADOWBROOK TRACT BLK 1
Assessor Number: 155-08-019-B
Tax Year: 2025
Assessor's Map #: 8
Legal Description (Abbrev): MEADOWBROOK TR W 120' LOT 16 BLK 2
Assessor's Parcel #: 19
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108602
Taxes: 1638
Legal: MEADOWBROOK TR W 120' LOT 16 BLK 2
Marketing Name: Nest on Campbell

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 120'x100'
Year Built: 1960
Uncvrd Parking Spcs: 7
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Park School
Jr. High School: Madison Park School
High School: North High School

Remarks Misc

Cross Street: N 16th Street & E Campbell Avenue
Directions: Head west on E Campbell Avenue (0.4 mi). Property will be 2nd place on south side of street just after N Longview Avenue.

Status Change Info

Off Market Date: 2026-05-01
Under Contract Date: 2026-04-02
Close of Escrow Date: 2026-05-08

Legal Info

Township: 2N
Range: 3E
Section: 21
Lot Number: 16

More Information

Income Expenses

Gross Annual Sch Inc: 55655
Net Operating Income: 29000

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 3
Avg Rent: 1083
Avg SqFt: 540
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1650
Avg SqFt: 1030
# Baths: Yes

Sold Info

Loan Type: Other
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Paid - S
Buyer Concession $/%: %
Seller Concession to Buyer: 5
Seller Concession $/%: %
Buyer Concession to Seller: 0

Project Type

Four Plex: Yes

Other Type

House + Rental Units: Yes

Construction

Block: Yes
Brick: Yes

Const - Finish

Painted: Yes
Brick Veneer: Yes

Roofing

Composition: Yes

Floors

Ceramic Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Gas Exp: 545
Annual Ins Exp: 2796
Annual Landscape Exp: 2400
Annual Maint Exp: 7400
Annual Wtr/Swr Exp: 2733
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 1092
Operating Exp: 18604
Other Income: 0
Vacancy Allowance: 0.25
Adjusted Gross Inc: 41741.25
Total Monthly Rental Income: 4900

Pmt & Rate Info

Cap Rate: 3.14
Down Payment: 0
Equity: 925000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Barbecue: Yes

Heating

Natural Gas: Yes

Cooling

Electric: Yes

Exterior Amenities

Desert Landscaping: Yes
Partially Fenced: Yes

Interior Features

Unfurnished: Yes

Tenant Pays

Electricity: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

Private Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

>1 Space Per Unit: Yes
Paved: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Gas: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
Conventional: Yes
No Carry: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Other Type: House + Rental Units Construction: Block; Brick Const - Finish: Painted; Brick Veneer Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: Barbecue Exterior Amenities: Desert Landscaping; Partially Fenced Interior Features: Unfurnished Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave Heating: Natural Gas Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit; Paved Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: Private Maintained Road Owner Pays: Water; Gas; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry Environmental: None

Listing Office: Cambridge Properties

Last Updated: May - 09 - 2026