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For sale
  • $1,334,000

    939 E TURNEY Avenue, Phoenix, AZ 85014

    5beds
    2baths
    2,550sqft
    : 
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    Multi Family
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $523/sqft
    $-- HOA

    What's special

    Modern finishesAmple parkingSpacious and well-maintained groundsSingle levelAll furniture is includedCommunity courtyard for relaxation
    Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!
    535 days
    |
    137
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Fagundes 602-320-0406,

    AZREAPM

    Source: ARMLS,MLS#: 6810283MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
      Features
      • Flooring: Concrete
      Interior area
      • Total structure area: 2,550
      • Total interior livable area: 2,550 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Paved, Add'l Parking Avail, 1 Space/Unit, On Street
      • Uncovered spaces: 6
      Lot
      • Size: 0.3 Acres
      • Dimensions: 12,929
      Details
      • Parcel number: 15514015
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Painted, Block, Brick
      • Roof: Composition
      Condition
      • Year built: 1946

      Utilities & green energy

      • Electric: APS, Individual Meter
      • Sewer: Public Sewer
      • Water: Individual Meter, City Franchise
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Features: Barbecue, Play Area, No Pool
      • Security: Security Alarm(s)
      • Subdivision: CAROLYN PLACE
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $523/sqft
      • Tax assessed value: $646,700
      • Annual tax amount: $1,491
      • Date on market: 1/24/2025
      • Cumulative days on market: 535 days
      • Listing terms: Conventional
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/24/2026Price change$1,334,000-1.1%$523/sqft
        Source: ARMLS #6810283 Report a problem
        1/8/2026Price change$1,349,000-0.1%$529/sqft
        Source: ARMLS #6810283 Report a problem
        3/14/2025Price change$1,350,000-1.8%$529/sqft
        Source: ARMLS #6810283 Report a problem
        2/6/2025Price change$1,375,000-1.4%$539/sqft
        Source: ARMLS #6810283 Report a problem
        1/24/2025Listed for sale$1,395,000+21.3%$547/sqft
        Source: ARMLS #6810283 Report a problem
        2/28/2022Sold$1,150,000$451/sqft
        Source: ARMLS #6213364 Report a problem
        1/21/2022Pending sale$1,150,000$451/sqft
        Source: HomeSmart #6213364 Report a problem
        1/20/2022Contingent$1,150,000$451/sqft
        Source: ARMLS #6213364 Report a problem
        3/27/2021Listed for sale$1,150,000+693.1%$451/sqft
        Source: ARMLS #6213364 Report a problem
        4/8/2014Sold$145,000-3.3%$57/sqft
        Source: ARMLS #5033976 Report a problem
        2/12/2014Listed for sale$149,900+11%$59/sqft
        Source: U S Investment Realty #5033976 Report a problem
        1/10/2014Listing removed$135,000$53/sqft
        Source: U S Investment Realty #5033976 Report a problem
        11/22/2013Listed for sale$135,000+32.4%$53/sqft
        Source: U S Investment Realty #5033976 Report a problem
        7/31/2013Sold$102,000+87.8%$40/sqft
        Source: Public Record Report a problem
        7/25/2012Sold$54,300-51.8%$21/sqft
        Source: Public Record Report a problem
        3/8/2011Sold$112,769+61.1%$44/sqft
        Source: Public Record Report a problem
        2/13/1998Sold$70,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,543 +3.5%$64,670 -13.6%
        2024$1,491 +3.5%$74,850 +594.5%
        2023$1,441 +0.6%$10,778 -69.1%
        2022$1,433 +0.9%$34,870 +18.3%
        2021$1,420 +4.5%$29,470 +19.9%
        2020$1,358 +3.4%$24,580 +7.8%
        2019$1,313 $22,810 +27.6%
        2018$1,313 +8.9%$17,870 -4.1%
        2017$1,206 +11.5%$18,630 +29.6%
        2016$1,081 +0.5%$14,370 +25.4%
        2015$1,076 $11,460 +85.7%
        2013-- $6,170 -34.1%
        2011-- $9,360 -37.7%
        2010-- $15,020 -41.1%
        2009-- $25,480 +103.8%
        2005-- $12,500 +47.1%
        2003-- $8,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Encanto

        Getting around

        52 / 100
        Somewhat Walkable
        49 / 100
        Some Transit
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Longview Elementary School
        • Middle: Longview Elementary School
        • High: Central High School
        • District: Osborn 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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