Newly Built & Stabilized Phoenix Fourplex - Turnkey Investment Opportunity
Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure.
Each unit features an open and functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence.
Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction.
New construction
$1,299,000
1306 E PURDUE Avenue, Phoenix, AZ 85020
8beds
8baths
1,860sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$698/sqft
$-- HOA
What's special
Contemporary finishesSpacious bedroomsStainless steel appliances
- 1 day
- 52
- 3
Zillow last checked:
Listing updated:
Listed by:
Narsay Bello 480-848-1977,
ProSmart Realty
Source: ARMLS,MLS#: 7072928
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,860
- Total interior livable area: 1,860 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street, On Street
- Uncovered spaces: 6
Lot
- Size: 9,700 Square Feet
- Dimensions: 9,700sqft
Details
- Parcel number: 15931077A
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: Master Meter, City Franchise
Community & HOA
Community
- Features: No Pool
- Security: Fire Sprinkler System
- Subdivision: BICKERSTAFF HOMES
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $698/sqft
- Tax assessed value: $130,600
- Annual tax amount: $715
- Date on market: 8/29/2026
- Cumulative days on market: 1 day
- Listing terms: Conventional,1031 Exchange,FHA
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $1,299,000$698/sqft |
Source:  ARMLS #7072928 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $705 +3.9% | $19,590 +1.2% |
| 2024 | $678 +1.8% | $19,365 +279.6% |
| 2023 | $666 +2% | $5,102 -53.8% |
| 2022 | $653 | $11,040 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Mountain
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