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! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!
For sale
Price cut: $25K (3/14)
$1,350,000
939 E Turney Ave, Phoenix, AZ 85014
5beds
2baths
2,550sqft
Est.:
Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$529/sqft
$-- HOA
What's special
Community courtyardModern finishesAmple parkingSpacious and well-maintained grounds
- 95 days
- on Zillow |
- 251 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: March 14, 2025 at 11:24am
Listed by:
John Fagundes 602-320-0406,
AZREAPM,
Morgan N. Weese 480-310-9960,
AZREAPM
Source: ARMLS,MLS#: 6810283


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Disposal, Refrigerator, Microwave
- Laundry: W/D Hookup
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: Sewer-In & Connected, Public Sewer
- Water: Individual Meter, City Franchise
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Barbecue, Play Area, No Pool
- Subdivision: CAROLYN PLACE
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $529/sqft
- Tax assessed value: $748,500
- Annual tax amount: $1,491
- Date on market: 1/24/2025
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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