New paintRefreshed landscapingUpgraded fencing and gatesWhite cabinetryEnhanced lightingPrivate backyard spacesModernized entry doors
Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping.
All facts and figures are approximate buyer verify MLS info Owner Broker
10 days
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297
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20
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sophia J Willets561-269-9525,
Real Broker
Source: ARMLS,MLS#: 7058509
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Heating
Central
Cooling
Central Air
Appliances
Included: Other
Features
Flooring: Tile
Interior area
Total structure area: 2,300
Total interior livable area: 2,300 sqft
Property
Parking
Total spaces: 8
Parking features: Other
Uncovered spaces: 8
Lot
Size: 6,595 Square Feet
Dimensions: 6,595
Details
Parcel number: 12178035A
Zoning: R-3
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Wood Frame, Painted, Stucco
Roof: Composition
Condition
Year built: 1981
Utilities & green energy
Electric: Other (See Remarks)
Sewer: Public Sewer
Water: City Franchise
Community & HOA
Community
Features: Other
Subdivision: DEL REY LOTS 101-140
Location
Region: Phoenix
Financial & listing details
Price per square foot: $326/sqft
Annual tax amount: $1,050
Date on market: 7/25/2026
Listing terms: Other (See Remarks),Conventional,1031 Exchange,FHA,VA Loan
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All 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.
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