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Sold for $520,000
  • $520,000

    2018 W CACTUS Road, Phoenix, AZ 85029

    8beds
    4baths
    3,600sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $519,900 Zestimate®
    $144/sqft
    $1,458 Estimated rent

    Home value

    $519,900

    $478,000 - $567,000

    $1,458/mo

    Zestimate® history
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    What's special

    This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

    Zillow last checked:

    Listing updated:

    Listed by:

    John P Galaviz 602-902-1490,

    eXp Realty

    Bought with:

    Kevin McGowin, BR687250000

    Go Win Property Management

    Source: ARMLS,MLS#: 6953868MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Individual, Heat Pump, Electric
    Cooling
    • Electric, Individual
    Appliances
    • Included: Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, 1 Space/Unit
    • Uncovered spaces: 4
    Lot
    • Dimensions: 94.1 x 101.92 x 92.61 x 101.96
    Details
    • Parcel number: 14904015
    • Zoning: Multifamily

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Built-Up
    Condition
    • Year built: 1963

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix

    Other

    Other facts
    • Listing terms: Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Gravel

    Price history

    DateEventPrice
    4/24/2026Sold$520,000-5.3%$144/sqft
    Source: ARMLS #6953868 Report a problem
    4/7/2026Pending sale$549,000$153/sqft
    Source: ARMLS #6953868 Report a problem
    4/1/2026Price change$549,000-8.3%$153/sqft
    Source: ARMLS #6953868 Report a problem
    3/13/2026Pending sale$599,000$166/sqft
    Source: eXp Realty #6953868 Report a problem
    3/2/2026Listed for sale$599,000$166/sqft
    Source: ARMLS #6953868 Report a problem
    2/23/2026Pending sale$599,000$166/sqft
    Source: ARMLS #6953868 Report a problem
    2/19/2026Listed for sale$599,000$166/sqft
    Source: ARMLS #6953868 Report a problem
    1/15/2026Pending sale$599,000$166/sqft
    Source: eXp Realty #6953868 Report a problem
    12/4/2025Listed for sale$599,000+23.5%$166/sqft
    Source: ARMLS #6953868 Report a problem
    2/22/2021Sold$485,000$135/sqft
    Source: ARMLS #6182459 Report a problem
    1/18/2021Listed for sale$485,000+79.7%$135/sqft
    Source: ARMLS #6182459 Report a problem
    5/9/2017Listing removed$269,888$75/sqft
    Source: Realty Executives #5601943 Report a problem
    5/7/2017Listed for sale$269,888+20%$75/sqft
    Source: Realty Executives #5601943 Report a problem
    4/7/2017Sold$225,000+116.3%$63/sqft
    Source: Public Record Report a problem
    9/30/2009Sold$104,000-7.6%$29/sqft
    Source: Public Record Report a problem
    3/18/2009Sold$112,500-51%$31/sqft
    Source: Public Record Report a problem
    8/26/2008Sold$229,427-39.6%$64/sqft
    Source: Public Record Report a problem
    6/22/2006Sold$379,900+18.7%$106/sqft
    Source: Public Record Report a problem
    4/7/2005Sold$320,000+20.8%$89/sqft
    Source: Public Record Report a problem
    8/24/2004Sold$265,000+24.9%$74/sqft
    Source: Public Record Report a problem
    1/30/2004Sold$212,250+14.1%$59/sqft
    Source: Public Record Report a problem
    10/30/2001Sold$186,000$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,799 +3.9%$46,450 -3.9%
    2024$1,732 +1.8%$48,360 +271.2%
    2023$1,701 +2%$13,028 -50.8%
    2022$1,668 +1.3%$26,460 +6.7%
    2021$1,648 +1.9%$24,810 +8.8%
    2020$1,618 +2.7%$22,810 +14.5%
    2019$1,575 $19,930 +22.3%
    2018$1,575 +0.5%$16,300 +6.7%
    2017$1,567 +10%$15,270 +3.5%
    2016$1,425 $14,760 +2.1%
    2015$1,425 $14,450 +25.9%
    2014-- $11,480 +55.8%
    2013-- $7,370 -12.4%
    2012-- $8,410 -2.4%
    2011-- $8,620 -49.5%
    2010-- $17,080 -39.8%
    2009-- $28,350 +31%
    2008-- $21,640 +47.7%
    2007-- $14,650 +4.2%
    2006-- $14,060
    2005-- $14,060 +4.1%
    2004-- $13,512
    2003-- $13,512 +38.6%
    2002-- $9,750

    Find assessor info on the county website

    Neighborhood: North Mountain

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington Elementary School
    • High: Glendale High School
    • District: Washington Elementary School District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $519,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $519,900