Sold
Last Sold Price
2020 W Cactus Rd, Phoenix, AZ 85029
Multi FamilyProperty Type
1963Year Built
1 carParking Spaces

Description

A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. Extensively remodeled in 2020 with new flooring, new kitchen cabinets and appliances, new vanities, tubs and toilets popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owner 4 plex buildings. Units C and D have private small fenced yards. Roof was new in 2018 and unit B and C had new AC units installed in 2019. 100% occupied at below market rates. All tenants are month...A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. Extensively remodeled in 2020 with new flooring, new kitchen cabinets and appliances, new vanities, tubs and toilets popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owner 4 plex buildings. Units C and D have private small fenced yards. Roof was new in 2018 and unit B and C had new AC units installed in 2019. 100% occupied at below market rates. All tenants are month to month so rents can be raised. Market rents indicate a $1250-$1350 per month rate is possible., making the CAP rate a terrific 7%+. Community laundry. No hoa! For owner occupants there is a fully ASSUMABLE FHA loan with a fixed rate of 2.99%!
  • Listed by: Jeffery Chesleigh 480.399.3480 jchesleigh@gmail.com Brokerage DRE #LC506032000 • HomeSmart
Listing closed: 11/28/2023 12:00 AM • Source: ARMLS, MLS#: 6601899

Location

Listing Courtesy of HomeSmart

Sold By Realty ONE Group

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Payment Calculator

$3,575 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,436

Property Taxes

$139

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2020 West Cactus Road

Property Details
  • Taxes: $1,668 / year
  • MLS Type: Multiple Dwellings
  • Subdivision Name: Garden Villas
  • View YN: No
  • Zoning: R4
Building Information
  • Residences: 4
  • Year Built: 1963
Summary
Location and General Information
  • Unparsed Address: 2020 W CACTUS Road, Phoenix, AZ 85029
  • City: Phoenix
  • Coordinates: -112.101894, 33.597282
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 19th Avenue and Cactus Rd.
  • Directions: From I-17 head east on Cactus to Garden Villas on the north side of the road just before 19th Ave.
  • Latitude: 33.597282
  • Longitude: -112.101894
  • Postal City: Phoenix
  • Postal Code: 85029
  • Postal Code Plus4: 5512
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,963
Taxes and HOA
  • Tax Annual Amount: $1,668.00
  • Tax Book Number: 149.00
  • Tax Legal Description: BEG SE COR W2 SE4 SE4 TH N 228.01' TO POB TH W 102.75' TH N 94' TH E 102.75' TH S 94' TO BEG .22
  • Tax Lot: 0
  • Tax Year: 2,022
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 1
  • Open Parking YN: Yes
  • Parking Features: 1 Space/Unit
  • Parking Total: 1
School Information
  • Elementary School: Shaw Butte School
  • Elementary School District: Washington Elementary District
  • High School: Glendale High School
  • High School District: Glendale Union High School District
  • Middle Or Junior School: Washington Elementary School - Phoenix
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: Unlnown
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Change Timestamp: 09-11-2023 12:00:43 PM
  • Documents Count: 3
  • Ownership: Fee Simple
  • Parcel Number: 14904016
  • Property Type: Multiple Dwellings
  • Public Survey Range: 2E
  • Public Survey Section: 13
  • Public Survey Township: 3N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $1,680.00
  • Water Sewer Expense: $1,761.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Other
  • 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: Heat Pump
  • Cooling YN: Yes
  • Flooring: Ceramic Tile
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $41,400.00
  • Gross Scheduled Income: $41,400.00
  • Insurance Expense: $4,285.00
  • Net Operating Income: $32,006.00
  • Operating Expense: $9,394.00
  • Other Expense: $.00
  • Professional Management Expense: $.00

Property History for 2020 West Cactus Road

DateEvent & SourcePriceAppreciation
Nov 28, 2023

Sold

ARMLS #6601899

$665,000—
Oct 11, 2023

Sold (Public Record)

Public Record #1522507591

$665,000

+13.9% / yr

Oct 10, 2023

Pending

ARMLS #6601899

—
DateEvent & SourcePrice
11/28/2023

Sold

ARMLS #6601899

$665,000
10/11/2023

Sold (Public Record)

Public Record #1522507591

$665,000

+13.9% / yr

10/10/2023

Pending

ARMLS #6601899

—

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

Public Records for 2020 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-3CountyMARICOPAAPN149-04-016

Schools near 2020 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 HomeSmart

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.