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The Warburton Team Brokered By EXp

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

$1,050,000

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Twin Palms Lots 1 Thru 10

MLS Listing ID 7031945

Year Built 1957

Annual Tax Amount $2,772

Tax Year 2025

Lot Dimensions 159' x 62'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

940 E Rose Ln in Phoenix, AZ (85014) is a 4-unit multifamily property located in a highly desirable, quiet residential pocket near the Biltmore area. The 1957 property (approx. 2,450 sqft) features tiled and carpeted flooring, forced air gas heating, electric cooling, and 5 total parking spaces (4 covered, 1 open), offering investors a, well-located, multi-unit opportunity. PROXIMITY TO LIFESTYLE: Nearby popular restaurants and shopping at Biltmore Fashion Park and Uptown Plaza. SCHOOLS: Located within the Madison Elementary School District (Madison Rose Lane School). INVESTMENT APPEAL: Located in a rapidly developing, desirable part of Phoenix. PLEASE DO NOT DISTURB TENANTS.

Location

State AZ

County Maricopa

Community Twin Palms Lots 1 Thru 10

Area Maricopa

Zoning R1-6, Phoenix

Direction From 7th Street / Bethany Home Road, head North to Rose Lane. Turn Right (East), property on Left Hand (North) Side of Street.

Interior

Heating See Remarks

Cooling See Remarks

Flooring Carpet

Appliance See Remarks

Exterior

Parking Features Detached Carport, Add'l Parking Avail, >1 Space Per Unit, On Street

Community Features See Remarks, No Pool

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Madison Rose Lane School

Middle Schools Madison #1 Elementary School

High Schools North High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 161-15-061

Acceptable Financing No Carry, Conventional, 1031 Exchange

Disclosures None

Listing Terms No Carry, Conventional, 1031 Exchange

Read Less Info

Listed by ABI Multifamily • Natan Jacobs

NEARBY SCHOOL & BUSINESS

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940 E ROSE Lane Phoenix, AZ 85014