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For sale
  • Price cut: $15K (2/24)
    $1,334,000

    939 E Turney Ave, Phoenix, AZ 85014

    5beds
    2baths
    2,550sqft
    : 
    Multi Family
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $523/sqft
    $-- HOA

    What's special

    Modern finishesAmple parkingSpacious and well-maintained groundsSingle levelAll furniture is includedCommunity courtyard for relaxation
    Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!
    403 days
    |
    398
    |
    16
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 24, 2026 at 11:12am

    Listed by:

    John Fagundes 602-320-0406,

    AZREAPM

    Source: ARMLS,MLS#: 6810283MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
    Features
    • Flooring: Concrete
    Interior area
    • Total structure area: 2,550
    • Total interior livable area: 2,550 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved, Add'l Parking Avail, 1 Space/Unit, On Street
    • Uncovered spaces: 6
    Lot
    • Size: 0.3 Acres
    • Dimensions: 12,929
    Details
    • Parcel number: 15514015
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block, Brick
    • Roof: Composition
    Condition
    • Year built: 1946

    Utilities & green energy

    • Electric: APS, Individual Meter
    • Sewer: Sewer-In & Connected, Public Sewer
    • Water: Individual Meter, City Franchise
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Barbecue, Play Area, No Pool
    • Subdivision: CAROLYN PLACE
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $523/sqft
    • Tax assessed value: $646,700
    • Annual tax amount: $1,491
    • Date on market: 1/24/2025
    • Cumulative days on market: 403 days
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/24/2026Price change$1,334,000-1.1%$523/sqft
    Source: ARMLS #6810283 Report a problem
    1/8/2026Price change$1,349,000-0.1%$529/sqft
    Source: ARMLS #6810283 Report a problem
    3/14/2025Price change$1,350,000-1.8%$529/sqft
    Source: ARMLS #6810283 Report a problem
    2/6/2025Price change$1,375,000-1.4%$539/sqft
    Source: ARMLS #6810283 Report a problem
    1/24/2025Listed for sale$1,395,000+21.3%$547/sqft
    Source: ARMLS #6810283 Report a problem
    2/28/2022Sold$1,150,000$451/sqft
    Source: ARMLS #6213364 Report a problem
    1/21/2022Pending sale$1,150,000$451/sqft
    Source: HomeSmart #6213364 Report a problem
    1/20/2022Contingent$1,150,000$451/sqft
    Source: ARMLS #6213364 Report a problem
    3/27/2021Listed for sale$1,150,000+693.1%$451/sqft
    Source: ARMLS #6213364 Report a problem
    4/8/2014Sold$145,000-3.3%$57/sqft
    Source: ARMLS #5033976 Report a problem
    2/12/2014Listed for sale$149,900+11%$59/sqft
    Source: U S Investment Realty #5033976 Report a problem
    1/10/2014Listing removed$135,000$53/sqft
    Source: U S Investment Realty #5033976 Report a problem
    11/22/2013Listed for sale$135,000+32.4%$53/sqft
    Source: U S Investment Realty #5033976 Report a problem
    7/31/2013Sold$102,000+87.8%$40/sqft
    Source: Public Record Report a problem
    7/25/2012Sold$54,300-51.8%$21/sqft
    Source: Public Record Report a problem
    3/8/2011Sold$112,769+61.1%$44/sqft
    Source: Public Record Report a problem
    2/13/1998Sold$70,000$27/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$1,543 +3.5%$64,670 -13.6%
    2024$1,491 +3.5%$74,850 +594.5%
    2023$1,441 +0.6%$10,778 -69.1%
    2022$1,433 +0.9%$34,870 +18.3%
    2021$1,420 +4.5%$29,470 +19.9%
    2020$1,358 +3.4%$24,580 +7.8%
    2019$1,313 $22,810 +27.6%
    2018$1,313 +8.9%$17,870 -4.1%
    2017$1,206 +11.5%$18,630 +29.6%
    2016$1,081 +0.5%$14,370 +25.4%
    2015$1,076 $11,460 +85.7%
    2013-- $6,170 -34.1%
    2011-- $9,360 -37.7%
    2010-- $15,020 -41.1%
    2009-- $25,480 +103.8%
    2005-- $12,500 +47.1%
    2003-- $8,500

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $7,098/mo
    Principal & interest
    $6642
    Property taxes
    $456

      Climate risks

      Neighborhood: Encanto

      Getting around

      52 / 100
      Somewhat Walkable
      49 / 100
      Some Transit
      86 / 100
      Very Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Longview Elementary School
      • Middle: Longview Elementary School
      • High: Central High School
      • District: Osborn Elementary 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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