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$795,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
|
0 |
$1,142 |
1957 |
|
On the market:
5 days
|
View full details, photos, school info, and price history
6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley
Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base.
Investment Highlights:
Potential $43,200 Annual Gross Income
$900/month per unit
5.4% Cap Rate.
Strong, consistent rental demand (military + workforce housing) Location Strength:
Direct frontage near Luke AFB (stable tenant base)
High visibility along Litchfield Road
Across from Tesla Collision Center (employment-driven demand)
Rapidly expanding commercial and industrial growth corridor
Property Features:
Single-story 4-plex with private entrances
Large lot with ample off-street parking
Expansive rear/common area with utility access (visible in photos)
Low-maintenance desert landscaping
Solid block construction
Functional layouts with upside through cosmetic upgrades
Value-Add Potential:
Below-market rents ' opportunity to increase income
Space for improved tenant amenities (outdoor seating, storage, etc.)
Strong candidate for long-term hold or portfolio expansion
Income Upside Analysis (Pro Forma):
Current:
* $900 × 4 units = $3,600/month
* Annual = $43,200
Scenario 1 - Moderate Increase ($1,050/unit):
* $1,050 × 4 = $4,200/month
* Annual = $50,400
* + $7,200/year increase
Scenario 2 - Market Alignment ($1,200/unit):
* $1,200 × 4 = $4,800/month
* Annual = $57,600
* + $14,400/year increase
Listing courtesy of Cecilia Mulroy, My Home Group Real Estate GA LLC