REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$595,000

Est. payment - /mo

Save

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Luke Field Homes 159-198 225-244

MLS Listing ID 7016959

Year Built 1957

Annual Tax Amount $885

Tax Year 2025

Lot Dimensions 7200

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | $76,800+ Income

Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley. This cash-flowing duplex offers immediate income with strong upside potential, ideally positioned along Litchfield Road directly across from the Tesla Collision Center and minutes from Luke Air Force Base.
Financial Highlights:
$31,200 with potential $33,600 Annual Gross Income
5.2-5.6% Cap Rate
Stable tenant base with consistent occupancy

Location Advantages:
Direct proximity to Luke Air Force Base (strong, reliable rental demand)
Across from Tesla Collision Center (employment-driven growth)
High-visibility corridor with ongoing commercial expansion
Easy access to major transportation routes Property Features:
Single-story construction for low maintenance
Spacious lot with ample parking
Functional layouts with private entrances
Large outdoor/common areas with utility access
Solid block construction with long-term durability
Low-maintenance desert landscaping

Value-Add Potential:
Below-market rents with clear upside
Opportunity to enhance outdoor/common areas
Strong long-term appreciation in a high-growth corridor

Portfolio Opportunity:
Property must be sold with adjoining 4-plex, offering investors the opportunity to acquire a larger multi-family portfolio with increased scale, operational efficiency, and long-term value creation. FHA, and VA loan approved!

Location

State AZ

County Maricopa

Community Luke Field Homes 159-198 225-244

Area Maricopa

Zoning multi family

Interior

Heating Window/Wall Unit(s), Floor Furnace, Wall Furnace

Cooling Window/Wall Unit

Flooring Ceramic Tile

Appliance Free-Standing Range, Disposal, Refrigerator

Exterior

Parking Features RV Access/Parking, 1 Space/Unit, On Street

Community Features No Pool

Roof Type Composition,Rolled/Hot Mop

Private Pool No

Building

Sewer Septic in & Cnctd

Water See Remarks, Private

New Construction No

Schools

Elementary Schools Litchfield Elementary School

Middle Schools Western Sky Middle School

High Schools Canyon View High School

School District Agua Fria Union High School District

Others

Senior Community No

Tax ID 501-13-091-E

Acceptable Financing CTL, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures None

Listing Terms CTL, Conventional, 1031 Exchange, FHA, VA Loan

Read Less Info

Listed by My Home Group Real Estate • Cecilia Mulroy

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

13865 W CLAREMONT Street Litchfield Park, AZ 85340