Turnkey furnished duplex investment opportunity in the heart of Phoenix! Located at 4201 E Almeria Rd, this income-producing multi-family property is currently operating as a successful short-term rental with a strong 4.79-star guest rating and 94.4% five-star reviews. With no HOA, recent major system updates, and all furnishings included, this property is ready to continue generating income from day one.
The duplex offers two separate living spaces, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. Currently configured for room-by-room short-term rentals, the property provides multiple income strategies including Airbnb, corporate housing, mid-term rentals, traveling professionals, seasonal visitors, or traditional long-term tenants. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, creating a true turnkey investment opportunity. Recent improvements include HVAC replacement in Unit 1 (2021) and Unit 2 (2022), water heater replacement in Unit 1 (2023) and Unit 2 (2021), plus additional interior updates and light remodeling throughout the property.
Ideally situated near Phoenix Sky Harbor International Airport, Old Town Scottsdale, Downtown Phoenix, Tempe, Arizona State University, major employment corridors, and Cactus League Spring Training facilities, this location attracts both business and leisure travelers year-round. Residents and guests enjoy convenient access to shopping, dining, entertainment, golf, freeways, and some of the Valley's most popular destinations.
Whether you're seeking a cash-flowing investment property, furnished duplex, house-hacking opportunity, short-term rental portfolio addition, or multi-generational living solution, this Phoenix duplex offers flexibility, location, and proven rental performance in one of the Valley's most desirable rental markets.
For sale
$719,000
4201 E ALMERIA Road #1, Phoenix, AZ 85008
4beds
3baths
1,974sqft
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$364/sqft
$-- HOA
What's special
Turnkey furnished duplexAll furnishings includedTwo separate living spaces
- 43 days |
- 266 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Kathaleen Patterson 602-380-2087,
Realty ONE Group
Source: ARMLS,MLS#: 7029061

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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: $364/sqft
- Annual tax amount: $1,137
- Date on market: 5/15/2026
- Cumulative days on market: 43 days
- Listing terms: 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 |
|---|---|---|
| 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$117/sqft |
Source: Direct One Realty #5469021 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 3/10Pat Tillman Middle SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 3.3 mi
- 3/10Griffith Elementary SchoolGrades: K-5Distance: 0.4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85008
- Camelback East
- 4201 E ALMERIA Road Unit 1






