Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA
Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform.
The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants.
Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout.
Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers.
With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.
For sale
Price cut: $20K (9/21)
$699,000
4201 E ALMERIA Road #1, Phoenix, AZ 85008
4beds
3baths
1,974sqft
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$354/sqft
$-- HOA
What's special
- 143 days
- 203
- 10
Zillow last checked:
Listing updated:
Listed by:
Kathaleen Patterson 602-380-2087,
Realty ONE Group
Source: ARMLS,MLS#: 7029061

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric, 2 or More Units
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Tile
Interior area
- Total structure area: 1,974
- Total interior livable area: 1,974 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage, Add'l Parking Avail, 1 Space/Unit, Carport
- Has garage: Yes
- Has carport: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Lot
- Size: 7,780 Square Feet
- Dimensions: 7780
Details
- Parcel number: 12607066
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1969
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Barbecue, Exercise Room, Heated Spa(s)
- Security: Security Lights
- Subdivision: ELLA LEE
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $354/sqft
- Annual tax amount: $1,137
- Date on market: 5/15/2026
- Cumulative days on market: 143 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt, Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $699,000-2.8%$354/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $719,000+212.6%$364/sqft |
Source: | ||
| 3/15/2019 | Sold | $230,000-4.2%$117/sqft |
Source: | ||
| 3/2/2019 | Pending sale | $240,000$122/sqft |
Source: Comfort Realty #5882631 Report a problem | ||
| 3/1/2019 | Listed for sale | $240,000$122/sqft |
Source: Comfort Realty #5882631 Report a problem | ||
| 2/20/2019 | Pending sale | $240,000$122/sqft |
Source: Comfort Realty #5882631 Report a problem | ||
| 2/13/2019 | Listed for sale | $240,000+11.6%$122/sqft |
Source: Comfort Realty #5882631 Report a problem | ||
| 9/10/2016 | Listing removed | $215,000$109/sqft |
Source: Direct One Realty #5469021 Report a problem | ||
| 8/5/2016 | Price change | $215,000-2.3%$109/sqft |
Source: Direct One Realty #5469021 Report a problem | ||
| 7/25/2016 | Price change | $220,000-4.3%$111/sqft |
Source: Direct One Realty #5469021 Report a problem | ||
| 7/11/2016 | Listed for sale | $230,000$117/sqft |
Source: Direct One Realty #5469021 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Camelback East
Nearby schools
Schools provided by the listing agent
- Elementary: Brunson-Lee Elementary School
- Middle: Pat Tillman Middle School
- High: Camelback High School
- 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.






