Prime multifamily investment opportunity Beautiful! well maintained and unique 4-unit + the big storage could be converted as a studio. This 4plex features a welcoming gazebo in the front yard to entertain guests, 3 units 2bed/2bath, 1 unit 2bed/1bath, Roof replace in 2024, and new AC in 2 units. Each unit has its own private patio as well as coin laundry room, build-in Bar-b cue, sparkling pool. Fully occupied by long term tenants (please don't disturb). Property is perfectly situated in Phoenix with convenient access to major freeways, super market, restaurants, and across from elementary school. Buyers and Buyer's agent to verify all facts and figures.
For sale
$1,399,000
1313 N 48TH Street, Phoenix, AZ 85008
8beds
7baths
3,200sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$437/sqft
$-- HOA
What's special
Sparkling poolCoin laundry room
- 29 days |
- 201 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Angela Cartagena 623-451-0744,
My Home Group Real Estate
Source: ARMLS,MLS#: 7041284

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Refrigerator, Washer/Dryer
- Laundry: W/D Hookup
Features
- Flooring: Tile, Carpet, Ceramic Tile, Vinyl
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 9
- Parking features: Paved
- Covered spaces: 1
- Uncovered spaces: 8
Features
- Has private pool: Yes
Lot
- Size: 0.39 Acres
- Dimensions: 17,052
Details
- Parcel number: 12513085B
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Other
Condition
- Year built: 1964
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Barbecue, Pool
- Subdivision: PALOMINO ESTATES
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $437/sqft
- Tax assessed value: $1,015,100
- Annual tax amount: $2,123
- Date on market: 6/12/2026
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $1,399,000+906.5%$437/sqft |
Source: | ||
| 7/1/1999 | Sold | $139,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,636 +6.3% | $101,510 +10.3% |
| 2024 | $1,540 +1% | $92,030 +691.2% |
| 2023 | $1,525 +3.7% | $11,631 -70.7% |
| 2022 | $1,471 +0.2% | $39,760 +12.8% |
| 2021 | $1,468 +0.4% | $35,260 +13.7% |
| 2020 | $1,462 +6.2% | $31,020 +16% |
| 2019 | $1,377 | $26,730 +17.5% |
| 2018 | $1,377 +4.4% | $22,750 +12.5% |
| 2017 | $1,319 +8.9% | $20,220 +38.7% |
| 2016 | $1,211 +2% | $14,580 +24.6% |
| 2015 | $1,187 | $11,700 +82.5% |
| 2013 | -- | $6,410 -3% |
| 2012 | -- | $6,610 -81.6% |
| 2011 | -- | $35,889 -15.4% |
| 2009 | -- | $42,398 +12.4% |
| 2008 | -- | $37,717 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 3/10Brunson-Lee Elementary SchoolGrades: PK-6Distance: 0.1 mi
- 3/10Pat Tillman Middle SchoolGrades: PK-8Distance: 0.6 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- District: Balsz 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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- Camelback East
- 1313 N 48TH Street