Sold
Last Sold Price
2018 W Cactus Rd, Phoenix, AZ 85029
Multi FamilyProperty Type
1963Year Built
4 carsParking Spaces

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!
  • Listed by: John P Galaviz 602.902.1490 john@rosinteam.com Brokerage DRE #LC634213027 • eXp Realty
Listing closed: 04/24/2026 12:00 AM • Source: ARMLS, MLS#: 6953868

Location

Listing Courtesy of eXp Realty

Sold By Go Win Property Management

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Payment Calculator

$2,795 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,643

Property Taxes

$152

HOA Dues

$0

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Property Information for 2018 West Cactus Road

Property Details
  • Taxes: $1,825 / year
  • MLS Type: Multiple Dwellings
  • View YN: No
  • Zoning: Multifamily
Building Information
  • Residences: 4
  • Year Built: 1963
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 Change Timestamp: 04-24-2026 09:58:52 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 14904015
  • Property Type: Multiple Dwellings
  • Public Survey Range: 2E
  • Public Survey Section: 13
  • Public Survey Township: 3N
  • Road Surface Type: Gravel
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
  • Flooring: Tile
  • 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
Apr 24, 2026

Sold

ARMLS #6953868

$520,000—
Apr 20, 2026

Sold (Public Record)

Public Record #1936524830

$520,000

+1.3% / yr

Apr 7, 2026

Pending

ARMLS #6953868

—
DateEvent & SourcePrice
04/24/2026

Sold

ARMLS #6953868

$520,000
04/20/2026

Sold (Public Record)

Public Record #1936524830

$520,000

+1.3% / yr

04/07/2026

Pending

ARMLS #6953868

—

For completeness, we 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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.