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!
For sale
$1,334,000
939 E TURNEY Avenue, Phoenix, AZ 85014
5beds
2baths
2,550sqft
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
- 535 days |
- 137 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
John Fagundes 602-320-0406,
AZREAPM
Source: ARMLS,MLS#: 6810283

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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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Price change | $1,334,000-1.1%$523/sqft |
Source: | ||
| 1/8/2026 | Price change | $1,349,000-0.1%$529/sqft |
Source: | ||
| 3/14/2025 | Price change | $1,350,000-1.8%$529/sqft |
Source: | ||
| 2/6/2025 | Price change | $1,375,000-1.4%$539/sqft |
Source: | ||
| 1/24/2025 | Listed for sale | $1,395,000+21.3%$547/sqft |
Source: | ||
| 2/28/2022 | Sold | $1,150,000$451/sqft |
Source: | ||
| 1/21/2022 | Pending sale | $1,150,000$451/sqft |
Source: | ||
| 1/20/2022 | Contingent | $1,150,000$451/sqft |
Source: | ||
| 3/27/2021 | Listed for sale | $1,150,000+693.1%$451/sqft |
Source: | ||
| 4/8/2014 | Sold | $145,000-3.3%$57/sqft |
Source: | ||
| 2/12/2014 | Listed for sale | $149,900+11%$59/sqft |
Source: U S Investment Realty #5033976 Report a problem | ||
| 1/10/2014 | Listing removed | $135,000$53/sqft |
Source: U S Investment Realty #5033976 Report a problem | ||
| 11/22/2013 | Listed for sale | $135,000+32.4%$53/sqft |
Source: U S Investment Realty #5033976 Report a problem | ||
| 7/31/2013 | Sold | $102,000+87.8%$40/sqft |
Source: Public Record Report a problem | ||
| 7/25/2012 | Sold | $54,300-51.8%$21/sqft |
Source: Public Record Report a problem | ||
| 3/8/2011 | Sold | $112,769+61.1%$44/sqft |
Source: Public Record Report a problem | ||
| 2/13/1998 | Sold | $70,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $8,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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
Nearby schools
GreatSchools rating
- 9/10Longview Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 2/10North High SchoolGrades: 9-12Distance: 1.4 mi
- 4/10Osborn Middle SchoolGrades: 7-8Distance: 1.7 mi
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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as early as today at 11:00 am
Contact agent
- Arizona
- Maricopa County
- Phoenix
- 85014
- Encanto
- 939 E TURNEY Avenue