2018 W Cactus Rd

$599,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining...This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

Property Details for 2018 West Cactus Road

View YN
No
Zoning
Multifamily
LISTING UPDATED: 12/09/2025 12:42 PM

Property Details for 2018 West Cactus Road

StatusActive
MLS #6953868
Days on Market14
Taxes$1,825 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1963
Lot Size-
CountyMaricopa County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 2018 West Cactus Road

Stories-Residences4Year Built1963Building Size-Lot Size-

Payment Calculator

$3,112 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,960

Property Taxes

$152

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2018 West Cactus Road

Summary
Location and General Information
  • Unparsed Address: 2018 W CACTUS Road, Phoenix, AZ 85029
  • City: Phoenix
  • Coordinates: -112.101895, 33.597026
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 19th Ave and Cactus Rd
  • Directions: Use GPS
  • Latitude: 33.597026
  • Longitude: -112.101895
  • Postal City: Phoenix
  • Postal Code: 85029
  • Postal Code Plus4: 5511
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,963
Taxes and HOA
  • Tax Annual Amount: $1,825.00
  • Tax Book Number: 149.00
  • Tax Legal Description: BEG SE COR W2 SE4 SE4 TH N 134.01' TO POB TH W 102.75' TH N 94' TH E 102.75' TH S 94' TO POB .22
  • Tax Lot: -
  • Tax Year: 2,025
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Assigned, 1 Space/Unit
  • Parking Total: 4
School Information
  • Elementary School: Washington Elementary School
  • Elementary School District: Washington Elementary School District
  • High School: Glendale High School
  • High School District: Glendale Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 94.1x101.92x92.61x101.96
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Count: 2
  • Ownership: Fee Simple
  • Parcel Number: 14904015
  • Property Type: Multiple Dwellings
  • Public Survey Range: 2E
  • Public Survey Section: 13
  • Public Survey Township: 3N
Utilities
  • Electric: APS
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $2,400.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Built-Up
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Electric, Individual
  • Cooling YN: Yes
  • Heating: Individual, Heat Pump, Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $54,638.00
  • Gross Scheduled Income: $54,638.00
  • Insurance Expense: $3,705.00
  • Maintenance Expense: $.00
  • Net Operating Income: $44,308.00
  • Operating Expense: $10,330.00
  • Professional Management Expense: $.00

Property History for 2018 West Cactus Road

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Listed (Active)

ARMLS #6953868

$599,000—
Feb 22, 2021

Sold

ARMLS #6182459

$485,000—
Jan 21, 2021

Sold (Public Record)

Public Record #690746310

$485,000—
Jan 21, 2021

Sold (Public Record)

Public Record #1451408441

$485,000

+22.4% / yr

Jan 20, 2021

Pending

ARMLS #6182459

—
Jan 18, 2021

Listed (Active)

ARMLS #6182459

$485,000—
Apr 4, 2017

Sold (Public Record)

Public Record #591692869

$225,000

+10.5% / yr

Jul 17, 2009

Sold (Public Record)

Public Record #276145862

$104,000

-18.3% / yr

Feb 26, 2009

Sold

ARMLS #4077451

$112,500—
Feb 25, 2009

Sold (Public Record)

Public Record #264257437

$112,500

-35.0% / yr

Feb 11, 2009

Pending

ARMLS #4077451

—
Nov 25, 2008

Listed (Active)

ARMLS #4077451

$133,500—
May 1, 2006

Sold (Public Record)

Public Record #197442045

$379,900

+15.5% / yr

Mar 31, 2006

Sold

ARMLS #2445227

$375,000—
Jan 24, 2006

Pending

ARMLS #2445227

—
Jan 7, 2006

Listed (Active)

ARMLS #2445227

$376,900—
Mar 8, 2005

Sold

ARMLS #2245723

$320,000—
Feb 21, 2005

Sold (Public Record)

Public Record #154339563

$320,000

+31.9% / yr

Jan 26, 2005

Pending

ARMLS #2245723

—
Jan 1, 2005

Listed (Active)

ARMLS #2245723

$329,000—
Jul 7, 2004

Sold

ARMLS #2149474

$265,000—
Jun 17, 2004

Sold (Public Record)

Public Record #140723732

$265,000

+79.2% / yr

Jun 1, 2004

Pending

ARMLS #2149474

—
May 22, 2004

Listed (Active)

ARMLS #2149474

$262,500—
Jan 30, 2004

Sold (Public Record)

Public Record #131953045

$212,250

+6.0% / yr

Oct 30, 2001

Sold (Public Record)

Public Record #79917404

$186,000—
DateEvent & SourcePrice
12/04/2025

Listed (Active)

ARMLS #6953868

$599,000
02/22/2021

Sold

ARMLS #6182459

$485,000
01/21/2021

Sold (Public Record)

Public Record #690746310

$485,000
01/21/2021

Sold (Public Record)

Public Record #1451408441

$485,000

+22.4% / yr

01/20/2021

Pending

ARMLS #6182459

—
01/18/2021

Listed (Active)

ARMLS #6182459

$485,000
04/04/2017

Sold (Public Record)

Public Record #591692869

$225,000

+10.5% / yr

07/17/2009

Sold (Public Record)

Public Record #276145862

$104,000

-18.3% / yr

02/26/2009

Sold

ARMLS #4077451

$112,500
02/25/2009

Sold (Public Record)

Public Record #264257437

$112,500

-35.0% / yr

02/11/2009

Pending

ARMLS #4077451

—
11/25/2008

Listed (Active)

ARMLS #4077451

$133,500
05/01/2006

Sold (Public Record)

Public Record #197442045

$379,900

+15.5% / yr

03/31/2006

Sold

ARMLS #2445227

$375,000
01/24/2006

Pending

ARMLS #2445227

—
01/07/2006

Listed (Active)

ARMLS #2445227

$376,900
03/08/2005

Sold

ARMLS #2245723

$320,000
02/21/2005

Sold (Public Record)

Public Record #154339563

$320,000

+31.9% / yr

01/26/2005

Pending

ARMLS #2245723

—
01/01/2005

Listed (Active)

ARMLS #2245723

$329,000
07/07/2004

Sold

ARMLS #2149474

$265,000
06/17/2004

Sold (Public Record)

Public Record #140723732

$265,000

+79.2% / yr

06/01/2004

Pending

ARMLS #2149474

—
05/22/2004

Listed (Active)

ARMLS #2149474

$262,500
01/30/2004

Sold (Public Record)

Public Record #131953045

$212,250

+6.0% / yr

10/30/2001

Sold (Public Record)

Public Record #79917404

$186,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2018 West Cactus Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,825 ($152 / month)
Home Facts
Total Finished SqFt3,600 SqFtAbove Grade Finished SqFt3,600 SqFtStories1Lot Size9,583 SqFtStyleQuadraplexYear Built1963ZoningR-3CountyMARICOPAAPN149-04-015

Schools near 2018 West Cactus Road

This home is within Washington Elementary School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Shaw Butte School
PublicPK to 6

Mountain Sky Middle School
Public7 to 8

Thunderbird High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2018 West Cactus Road is a multi-family home for sale in Phoenix, AZ 85029. This property was listed for sale on December 4, 2025 by eXp Realty, it's currently listed at $599,000. It has been on the market for a total of 14 days and was last sold on February 22, 2021. This listing's school districts are Glendale Union High School District, Washington Elementary School District. Nearby schools include Shaw Butte School, Mountain Sky Middle School and Thunderbird High School. 2018 West Cactus Road is a 0-bed, 0-bath, multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.