Powered by 
- 19
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$899,000
Monthly Est:$4,475
8 Beds
4 Baths
--sqft
1321 N 48th Place, Phoenix, AZ 85008
$899,000
$4,475/moEst:
Get Pre-Approved
Townhouse
Built in 1960
$-- HOA
-- sqft lot
--/sqft
Description
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.
- Houzeo last checked: 7 minutes ago
- Listing updated: September 6, 2026 at 1:09 pm
- Listing Provided by: Monica Coker (480) 307-1815 | HomeSmart (602) 230-7600
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 6988566
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1960
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
6988566
MLS Status
Active
Days on Market
255
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Appliances
Free Standing Range, Refrigerator, Microwave, W/d Hookup, Free Standing Electric Oven
Cooling
Central Air, Heat Pump, Electric, Varies By Unit, Ceiling Fan(s)
Flooring
Ceramic Tile
Heating
Electric
Construction
Year Built
Year Built: 1960
Home type
Townhouse
Construction Materials
Block, Painted
Roof
Composition
Utilities & Energy
Security Features
Security Light(s)
Water Source
City Franchise
Parking Features
>1 Space Per Unit, Off Street
Electric
Srp
Other Features
Disclosures
Seller Prop Disc Stm
Subdivision Name
Palomino Estates
Community Features
No Pool
Tenant Pays
Electricity, Gas, Cable Tv
Price History
| Date | Event | Price |
|---|---|---|
04/06/2026 Source: | Listed for Sale | $929,900 +3.44% $0/sqft |
04/06/2026 Source: | Price Decreased | $899,000 -3.33% $0/sqft |
04/06/2026 Source: | Price Increased | $930,000 +0.01% $0/sqft |
04/06/2026 Source: | Price Increased | $929,900 +481.19% $0/sqft |
07/25/2015 Source: | Price Increased | $160,000 +3.90% $0/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Phoenix, AZ
Based on information from the Arizona Regional Multiple Listing Service through Nov 06, 2026, 09:30PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
