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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

    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~

    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#: 6848265MLS Logo

    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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