For sale

$2,800,000

4324 N 21st Street, Phoenix, AZ 85016

10beds

8baths

5,370sqft

$17,144/mo

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Multi Family

Built in 1955

-- sqft lot

$-- Zestimate^®

$521/sqft

$-- HOA

What's special

Gated parkingUpdated systemsPrivate outdoor spaceModern interiorsLow-maintenance grounds

A rare multifamily investment opportunity in the heart of Phoenix, The Casitas consists of three separate parcels totaling 31,787 square feet near 21st Street and Camelback Road. The property features seven residences across six buildings, including five detached units and one duplex, with studio, one-, two- and three-bedroom layouts. Renovated down to the studs in 2022, each unit offers modern interiors, updated systems, private outdoor space and individually metered utilities. Gated parking and low-maintenance grounds complete the property. Conveniently located near the Biltmore, Arcadia, The Esplanade, shopping, dining, employment centers and major freeways, this turnkey investment provides strong rental income with compelling long-term potential.

7 days
195
16

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 8

Heating

Heat Pump, Ceiling

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Laundry: W/D Hookup

Features

Flooring: Tile, Laminate

Interior area

Total structure area: 5,370
Total interior livable area: 5,370 sqft

Property

Parking

Total spaces: 11
Parking features: Off Street, Attached, Free, Garage Door Opener, 1 Space/Unit
Has attached garage: Yes
Covered spaces: 1
Uncovered spaces: 10

Lot

Size: 0.71 Acres
Dimensions: 198' x 156'

Details

Parcel number: 16331038H
Zoning: R-3 MultiFamily

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco, Block
Roof: Composition

Condition

Year built: 1955

Utilities & green energy

Electric: SRP, Individual Meter
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool

Location

Region: Phoenix

Financial & listing details

Price per square foot: $521/sqft
Annual tax amount: $7,769
Date on market: 8/28/2026
Cumulative days on market: 7 days
Listing terms: Conventional,1031 Exchange
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/28/2026	Listed for sale	$2,800,000$521/sqft
Source: ARMLS #7072919 Report a problem
3/31/2026	Listing removed	$2,650
Source: Zillow Rentals Report a problem
3/3/2026	Price change	$2,650-3.6%
Source: Zillow Rentals Report a problem
1/6/2026	Price change	$2,750-3.5%$1/sqft
Source: Zillow Rentals Report a problem
10/29/2025	Listed for rent	$2,850$1/sqft
Source: Zillow Rentals Report a problem
7/9/2024	Listing removed	--
Source: Zillow Rentals Report a problem
6/19/2024	Price change	$2,850+93.2%$1/sqft
Source: Zillow Rentals Report a problem
11/23/2022	Price change	$1,475-1.7%
Source: Zillow Rental Manager Report a problem
11/4/2022	Listed for rent	$1,500
Source: Zillow Rental Manager Report a problem