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For sale
  • Price cut: $25K (3/14)
    $1,350,000

    939 E Turney Ave, Phoenix, AZ 85014

    5beds
    2baths
    2,550sqft
    : 
    Multi Family
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $529/sqft
    $-- HOA

    What's special

    Community courtyardModern finishesAmple parkingSpacious and well-maintained grounds
    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!
    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#: 6810283MLS Logo

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 939 E Turney Ave.

    Next available tour time:Tomorrow at 11am

    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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