FANTASTIC 4-PLEX INVESTMENT OPPORTUNITY~ALL UNITS UPDATED~ALL HVAC's have been REPLACED in 2014 & 2025~ALL newer DUAL-PANED-WINDOWS~Building-exterior was FULLY-PAINTED in 2024 & hot-waters-heaters replaced in 2023~Property is FULLY-OCCUPIED as of list-date & some units w/LONG-TERM Tenants~2024 Q4 CAP RATE was over 6%~Building has been PROFESSIONALLY MANAGED for years~HOA is of value here at ONLY $130 per month & includes regular-yard-maintenance~EXCLUSIVE to this building is COIN-OPERATED, LAUNDRY-ROOM, which brings in monthly-other-income~OWNER through PM took PRIDE in the property w/VALUE-ADD, POTENTIAL for increased CASH-FLOW by taking advantage of this UNTAPPED, potential through improvements, monthly income could SURPASS $6k~ Front-facing, ground-floor unit is 3 bd/2 bath w/wood-look, vinyl-plank & tile flooring, wood-burning fireplace in living-room, open kitchen w/adjoining, formal dining or flex-space, slider-door leads to private, fenced, yard-area~Side-yard-facing, ground-floor unit is 2 bd/1 bath w/similar finishes & private, fenced, yard-area~Unit 3 is second-floor and is also, 2 bd/1 bath, similar finishes w/private-rear balcony & shared front-balcony~Unit 4 is second-floor and is also, 2 bd/1 bath w/similar-finishes~ALL units have storage-locker-cabinets in communal, shared, 4-car-garage & ea. unit has one-space in garage, plus there are two-additional, open-parking-spaces assigned to this building~On-site, coin-operated laundry room, provides Owner w/additional monthly-other-income~
Sold for $759,000 on 07/21/25
$759,000
8124 N 33rd Dr, Phoenix, AZ 85051
9beds
3baths
3,822sqft
Multi Family
Built in 1974
-- sqft lot
$758,800 Zestimate®
$199/sqft
$1,566 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 01:09am
Listed by:
Sherry A McQueen 602-672-0872,
CTS Realty,
Chalyce McQueen 602-525-5665,
CTS Realty
Bought with:
Luis Espinoza, SA663217000
Gile Commercial Real Estate
Source: ARMLS,MLS#: 6848265

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Heating
- Individual, Heat Pump, Electric
Cooling
- Electric, Individual
Appliances
- Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 3,822
- Total interior livable area: 3,822 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved, Assigned, Add'l Parking Avail, Garage Door Opener, 1 Space/Unit, On Street
- Has garage: Yes
- Covered spaces: 4
- Uncovered spaces: 2
Lot
- Dimensions: 82.86 x 110.18 x 60.09 x 15.89 x 191.88
Details
- Parcel number: 15009898
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: NORTHERN LANAI UNIT 1
Other
Other facts
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Road surface type: Asphalt
Services availability

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