4524 N 14TH Place, Phoenix, AZ 85014

$799,999
Property Type: Multiple Dwellings Status: Active
Current Price: $799,999 List Date: 5/26/2026 Last Modified: 6/11/2026

Overview

Description

Prime Phoenix multifamily in the Biltmore Area submarket--this fully occupied 3-unit property (2×1-bedroom units + 1×2-bedroom unit) offers strong curb appeal, a quiet neighborhood feel, and immediate rental demand. Conveniently located ½ mile from AZ-51, with easy access to major employment and healthcare anchors including Phoenix Children's Hospital and Phoenix Indian Medical Center. Each apartment features its own private yard space, plus open parking and inviting outdoor surroundings with green lawns and mature palms. The property benefits from new roofing and new water heaters, supporting lower near-term capital needs and smoother operations. Surrounded by shopping, dining, schools, parks, hospitals, and mountain access, this location supports tenant retention and high rent-demand.

Listing Details MLS# 7032188

Location, Tax & Legal

House Number
4524
Compass
N
Street Name
14TH
St Suffix
Place
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85014
Zip4
4255
Country
US
County Code
Maricopa
Subdivision
Victor Park
Assessor Number
155-02-026
Tax Year
2025
Assessor's Map #
2
Legal Description (Abbrev)
VICTOR PARK
Assessor's Parcel #
26
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
108602
Taxes
1147
Legal
Lot 15 Victor Park MCR 003232
Marketing Name
Victor Park

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
8
Year Built
1954
Uncvrd Parking Spcs
3
Total # of Units
3
# of Buildings
2
Zoning
multi
Flood Zone
No
Elementary School District
Madison Elementary District
High School District
Phoenix Union High School District
Elementary School
Madison #1 Elementary School
Jr. High School
Madison #1 Elementary School
High School
Phoenix Union Bioscience High School

Remarks Misc

Cross Street
14th PL & Campbell
Directions
From Camelback and 16th St. Head South 1/2 mile. West/Right on Campbell. North/Right on 14th Pl. A few lots on the left side/West side of street.

Legal Info

Township
2N
Range
3E
Section
21
Lot Number
15

Income Expenses

Gross Annual Sch Inc
38000
Net Operating Income
29000

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
950
Avg SqFt
550
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1120
Avg SqFt
720
# Baths
Yes

Project Type

Tri-Plex
Yes

Other Type

House + Rental Units
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Stone
Yes
Tile
Yes
Other
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
850
Annual Land Lse Exp
0
Annual Landscape Exp
1900
Annual Legal & Acctg
0
Annual Maint Exp
2100
Annual Mgmt Exp
1700
Annual Trash Exp
0
Annual Wtr/Swr Exp
1800
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
9497
Other Income
0
Vacancy Allowance
0.02
Adjusted Gross Inc
37240
Total Monthly Rental Income
35800

Pmt & Rate Info

Cap Rate
3.63
Down Payment
0
Equity
799999
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Fenced
Yes
Partially Fenced
Yes
Sidewalk(s)
Yes
Separate Storage
Yes

Interior Features

Mini Blinds
Yes

Tenant Pays

Electricity
Yes
Trash Collection
Yes

Appliances Included

Free-Standing Gas Oven
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes
Other
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes
1 Space/Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Landscaping
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Other (See Remarks)
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Other Type: House + Rental Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Stone; Tile; Other Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Partially Fenced; Sidewalk(s); Separate Storage Interior Features: Mini Blinds Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Microwave; Washer/Dryer; Other Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: On Street; 1 Space/Unit Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Landscaping Tenant Pays: Electricity; Trash Collection Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional Environmental: Other (See Remarks)
IDX
Listing Office: Paramount Management & Realty, LLC
Last Updated: June - 11 - 2026
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