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4307 N 13th Place, Phoenix, AZ 85014
$2,200,000



















Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$2,200,000
Last Modified:
7/07/2025
Description
Exceptional opportunity to acquire a brand-new 4-unit multifamily building with a projected 6%+ cap in a prime Central Phoenix location—just minutes from downtown, major freeways, shopping, dining, and entertainment. Each spacious residence offers 4 bedrooms, 3.5 baths, and a loft-style den. Homes include direct-access 2-car garages, private fenced backyards, and modern stone-accented exteriors. Interiors feature 9-foot ceilings, two ensuite bedrooms in each unit, and modern finishes such as quartz countertops, 42'' white cabinets, stainless steel appliances, and full window coverings. One unit is already leased, providing immediate income. Builder may guarantee rents for up to 3 months. Full builder's warranties are included. With high bedroom count, this property is well-suited for
Supplements: traditional rentals or specialty housing such as behavioral health or sober living operations.
More Information MLS# 6889404
Contract Info
Current Price: $2,200,000
List Price: $2,200,000
Status: Active
List Date: 2025-07-07
Ownership: Fee Simple
Location Tax Legal
House Number: 4307
Compass: N
Street Name: 13th
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
County Code: Maricopa
Assessor Number: 155-08-199-A
Tax Year: 2025
General Property Description
Lot Size Dimensions: 16,200
Year Built: 2025
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Flood Zone: TBD
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Camelview Elementary
Jr. High School: Madison #1 Elementary School
High School: North High School
Remarks Misc
Cross Street: 16 T Street/ Campbell
Geo Lat: 33.498548
Geo Lon: -112.052503
Legal Info
Lot Number: N/A
Income Expenses
Gross Annual Sch Inc: 140640
Net Operating Income: 124808
Showing Notification Methods
Showing Service: No Showing Service Used
4 Bedrooms Units
# 4 Bedroom Units: 4
Avg Rent: 2930
Avg SqFt: 1776
# Baths: 4
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Foam
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Patio/Balcony
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Garage
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection
Source of Fincl Data: Projected Proforma
Lockbox Type: None
New Financing: Cash; VA; Conventional; 1031 Exchange
Environmental: None
Listing Office: RE/MAX Excalibur
Last Updated: July - 07 - 2025

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