1548 W SAHUARO Drive, Phoenix, AZ 85029
$925,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$925,000
Last Modified:
4/02/2026
Overview
Description
Remodeled 4-Plex Investment property in the North Phoenix. The property has 4 2bedroom/2bath units, large size with upgraded appliances, in suite washer/dryer and more. Community features sparkling pool, parks and playground. Close to A-rated, schools, shopping, amenities and commuter highways. Perfect for a passive income property with upside in rents. The property is Tenant occupied so interior viewings upon mutually accepted offer only. Submeters have been installed at mina water line to allow proper water billing to tenants to offset water cost.
Listing Details MLS# 6984256
Location, Tax & Legal
- House Number
- 1548
- Compass
- W
- Street Name
- SAHUARO
- St Suffix
- Drive
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85029
- Zip4
- 5068
- County Code
- Maricopa
- Subdivision
- MUY FELICES CASAS LT 1-20 TR A-G
- Assessor Number
- 159-14-080
- Tax Year
- 2025
- Assessor's Map #
- 14
- Legal Description (Abbrev)
- LOT 14 MUY FELICES CASAS LT 1-20 TR A-G MCR
- Assessor's Parcel #
- 80
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 103615
- Taxes
- 1835
- Legal
- LOT 14 MUY FELICES CASAS LT 1-20 TR A-G MCR
- Marketing Name
- Muy Felices
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 4053
- Year Built
- 1984
- Uncvrd Parking Spcs
- 4
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- M-H
- Elementary School District
- Washington Elementary School District
- High School District
- Glendale Union High School District
- Elementary School
- Washington Elementary School
- Jr. High School
- Mountain Sky Middle School
- High School
- Glendale High School
Remarks Misc
- Cross Street
- 19th Ave & Peoria
- Directions
- Heading north on 19th ave just north of Peoria take aright on Sahuaro Dr and unit will be down on th left-hand side.
Status Change Info
- Off Market Date
- 2026-04-02
- Under Contract Date
- 2026-02-23
Legal Info
- Township
- 3N
- Range
- 3E
- Section
- 19
- Lot Number
- 14
More Information
Income Expenses
- Gross Annual Sch Inc
- 71100
- Net Operating Income
- 48916
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Yes
- Phone Call
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1481
- Avg SqFt
- 807
- # Baths
- 2
Project Type
- Four Plex
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Stucco
- Yes
Roofing
- Other
- Yes
Floors
- Other
- Yes
Sale Includes
- Other (See Remarks)
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Ins Exp
- 2000
- Annual Landscape Exp
- 0
- Annual Maint Exp
- 5000
- Annual Trash Exp
- 0
- Owner Association
- Yes
- Annual Ownr Asoc Fee
- 9732
- Annual PAD Fee
- 0
- Operating Exp
- 18567
- Other Income
- 0
- Vacancy Allowance
- 0.02
- Adjusted Gross Inc
- 69678
- Total Monthly Rental Income
- 5925
Pmt & Rate Info
- Cap Rate
- 5.29
- Equity
- 925000
- Down Payment %
- 25
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- Pool
- Yes
Heating
- Electric
- Yes
- Other
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
- W/D Hookup
- Yes
- Other
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- Master Meter
- Yes
- Submetered System
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Detached Carport
- Yes
- Other
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Trash Collection
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- 1031 Exchange
- Yes
- Other (See Remarks)
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Environmental
- Other (See Remarks)
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Wood Frame
Const - Finish:
Stucco
Roofing:
Other
Floors:
Other
Sale Includes:
Other (See Remarks)
Community Features:
Pool
Appliances Included:
Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup; Other
Heating:
Other
Cooling:
Ceiling Fan(s); Central Air
Water Source:
Master Meter; Submetered System
Sewer:
Sewer - Public
Electric:
APS; Individual Meter
Gas:
None
Parking Features:
Detached Carport; Other
Road Access Type:
City Street
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity
Source of Fincl Data:
Projected Proforma
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
New Financing:
Cash; FHA; Conventional; 1031 Exchange; Other (See Remarks)
Environmental:
Other (See Remarks)
Listing Office:
AZ Equity Properties
Last Updated: April - 02 - 2026
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