4132 N 3rd Ave

Phoenix, AZ 85013

$1,550,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a view of a house with a swimming pool
a view of a house with a outdoor space
a view of a house with a yard and garage
a view of a entryway door
a view of entryway with window
a living room with furniture and a window
a view of a work space with furniture
a living room with furniture and a flat screen tv
a living room with furniture and a table
a living room with furniture and a table
a bedroom with a bed and a couch
a kitchen with stainless steel appliances a refrigerator a stove a sink dishwasher and wooden cabinets with wooden floor
a bathroom with a toilet a sink and a mirror
a bathroom with a sink toilet and shower a mirror
a living room with furniture and a flat screen tv
a living room with furniture and a rug
a living room with furniture and wooden floor
a living room with furniture a rug and a table
a kitchen with stainless steel appliances a refrigerator a stove a sink and white cabinets
a kitchen with stainless steel appliances a stove a white cabinet and a white refrigerator
a utility room with dryer and washer
a bedroom with a bed and wooden floor
a bathroom with a sink toilet and shower
a bedroom with a bed and a chandelier
a view of a door
a view of an empty room
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a view of a balcony with furniture and a potted plant
a bed room with a bed and a mirror
a bathroom with a toilet a sink and mirror
a bedroom with a bed and a table in it
a kitchen with white cabinets and stainless steel appliances
a utility room with dryer and washer
a living room with furniture a rug a lamp and a table
a living room with furniture and a flat screen tv
a kitchen with cabinets stainless steel appliances and wooden floor
a bedroom with furniture and a wooden floor
a bathroom with a bathtub and a shower curtain
a bedroom with a bed and a table in it

Description

Turnkey four-unit multifamily investment in the heart of Phoenix, positioned at Indian School Road and Central Avenue in highly sought-after Midtown. This rare opportunity consists of two separate duplex buildings with two legal addresses and two APNs, totaling four fully furnished 2-bedroom, 1-bath units. The property must be sold together and operates as a cohesive fourplex-style investment with a shared private interior courtyard. Each unit has been extensively remodeled and is currently operated...Turnkey four-unit multifamily investment in the heart of Phoenix, positioned at Indian School Road and Central Avenue in highly sought-after Midtown. This rare opportunity consists of two separate duplex buildings with two legal addresses and two APNs, totaling four fully furnished 2-bedroom, 1-bath units. The property must be sold together and operates as a cohesive fourplex-style investment with a shared private interior courtyard. Each unit has been extensively remodeled and is currently operated as a mid-term rental, catering to traveling professionals and medical tenants on three-month leases. The location is ideal for this demand profile, just minutes from St. Joseph's Hospital, Phoenix Children's Hospital, Downtown Phoenix, major employment hubs, and quick access to the 51 and I-10 freeways. Phoenix Sky Harbor International Airport is also nearby, enhancing appeal for short-term and furnished rental use. All four units are fully furnished and include in-unit washer and dryers, wood-look tile flooring, updated kitchens with shaker cabinetry, granite countertops, and stainless-steel appliances. Each unit is individually metered and features newer Low-E windows, updated doors, and newer water heaters, supporting efficient long-term ownership. Built in 1950, the property has been significantly modernized while retaining its solid multifamily footprint. Zoned R4, the property allows for continued medium-term rental use, short-term/Airbnb operation, or a hybrid strategy. There is no HOA, and the asset is truly turnkey. For investors seeking upside, the shared courtyard presents a compelling value-add opportunity, including the potential to create a resort-style community amenity such as a pool or enhanced outdoor gathering space, subject to buyer verification. This property is best suited for a cash buyer or 1031 exchange investor seeking a stabilized, income-producing multifamily asset in a high-demand central Phoenix corridor, great return with conventional financing as well. A house-hacker scenario also works well, allowing an owner-occupant to live in one unit while offsetting expenses with the remaining rentals. A rare chance to acquire a remodeled, furnished, four-unit property in Midtown Phoenix with flexible rental strategies, strong tenant demand, and long-term growth potential.
  1. Listed by David R Pullon • Brokerage DRE #LC696641010 • Real Broker
    P: (480)-788-6650 C: (480)-788-6650 Membership@TheRealBrokerage.com
  2. Listed by Shay Noonan • Brokerage DRE #LC696641010 • Real Broker
    P: (815)-822-3440 C: (815)-822-3440 shay@oneteamscottsdale.com

Property Details for 4132 North 3rd Avenue

Subdivision Name
INDIAN PARK
View YN
No
Zoning
R4
LISTING UPDATED: 02/04/2026 06:47 PM

Property Details for 4132 North 3rd Avenue

StatusActive
MLS #6975915
Days on Market27
Taxes$2,437 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1950
Lot Size-
CountyMaricopa County

Location

Listing Courtesy of Real Broker
Add your commute

Building Information for 4132 North 3rd Avenue

Stories-Residences4Year Built1950Building Size-Lot Size-

Payment Calculator

$7,758 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,554

Property Taxes

$203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4132 North 3rd Avenue

Summary
Location and General Information
  • Unparsed Address: 4132 N 3RD Avenue, Phoenix, AZ 85013
  • City: Phoenix
  • Coordinates: -112.078448, 33.496114
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Central Ave & Indian School Rd
  • Directions: Head south on Central Ave towards Indian School Rd. Turn right onto Indian School Rd & right on 3rd Ave. Property is on the left.
  • Latitude: 33.496114
  • Longitude: -112.078448
  • Postal City: Phoenix
  • Postal Code: 85013
  • Postal Code Plus4: 5007
  • State Or Province: AZ
  • Street Suffix: Avenue
  • Year Built: 1,950
Taxes and HOA
  • Tax Annual Amount: $2,437.04
  • Tax Book Number: 155.00
  • Tax Legal Description: LOT 55 INDIAN PARK MCR 003937
  • Tax Lot: 55
  • Tax Year: 2,025
Parking
  • Covered Spaces: 4
  • Garage YN: No
  • Open Parking Spaces: 0
  • Parking Features: >1 Space Per Unit, Carport
  • Parking Total: 4
School Information
  • Elementary School: Longview Elementary School
  • Elementary School District: Osborn Elementary District
  • High School: Central High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: Unknown
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 15532055
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 20
  • Public Survey Township: 2N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Brick Veneer, Brick
  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Individual, Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $105,984.00
  • Gross Scheduled Income: $115,200.00
  • Net Operating Income: $96,000.00
  • Operating Expense: $2,437.04

Property History for 4132 North 3rd Avenue

DateEvent & SourcePriceAppreciation
Jan 27, 2026

Listed (Active)

ARMLS #6975915

$1,550,000—
Dec 8, 2025

Withdrawn

ARMLS #6829395

$795,000—
Mar 3, 2025

Listed (Active)

ARMLS #6829395

$800,000—
Apr 14, 2022

Sold

ARMLS #6360797

$679,000—
Apr 13, 2022

Sold (Public Record)

Public Record #1487797675

$679,000

+32.1% / yr

Mar 15, 2022

Pending

ARMLS #6360797

—
Feb 25, 2022

Listed (Active)

ARMLS #6360797

$725,000—
Jan 27, 2020

Sold

ARMLS #5996364

$356,000—
Dec 19, 2019

Sold (Public Record)

Public Record #661834683

$356,000—
Nov 10, 2019

Pending

ARMLS #5996364

—
Oct 23, 2019

Withdrawn

ARMLS #5972887

$355,000—
Sep 30, 2019

Listed (Active)

ARMLS #5996364

$355,000—
Sep 1, 2019

Listed (Active)

ARMLS #5972887

$355,000—
DateEvent & SourcePrice
01/27/2026

Listed (Active)

ARMLS #6975915

$1,550,000
12/08/2025

Withdrawn

ARMLS #6829395

$795,000
03/03/2025

Listed (Active)

ARMLS #6829395

$800,000
04/14/2022

Sold

ARMLS #6360797

$679,000
04/13/2022

Sold (Public Record)

Public Record #1487797675

$679,000

+32.1% / yr

03/15/2022

Pending

ARMLS #6360797

—
02/25/2022

Listed (Active)

ARMLS #6360797

$725,000
01/27/2020

Sold

ARMLS #5996364

$356,000
12/19/2019

Sold (Public Record)

Public Record #661834683

$356,000
11/10/2019

Pending

ARMLS #5996364

—
10/23/2019

Withdrawn

ARMLS #5972887

$355,000
09/30/2019

Listed (Active)

ARMLS #5996364

$355,000
09/01/2019

Listed (Active)

ARMLS #5972887

$355,000

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

Public Records for 4132 North 3rd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$1,295 ($108 / month)
Home Facts
Total Finished SqFt1,970 SqFtAbove Grade Finished SqFt1,970 SqFtStories1Lot Size6,720 SqFtStyleDuplexYear Built1950ZoningR-4CountyMARICOPAAPN155-32-055

Schools near 4132 North 3rd Avenue

This home is within Osborn Elementary District.
Rating
School
Type
Grades
Distance
Longview Elementary School
Public - PK to 8
Osborn Middle School
Public - 7 to 8
Central High School
Public - 9 to 12
Phoenix Coding Academy
Public - 9 to 12
Rating
School
Distance
Longview Elementary School
PublicPK to 8

Osborn Middle School
Public7 to 8

Central High School
Public9 to 12

Phoenix Coding Academy
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

Explore Nearby Homes

More information about 4132 North 3rd Avenue, Phoenix, AZ 85013

4132 North 3rd Avenue is a multi-family home for sale in Phoenix, AZ 85013. This property was listed for sale on January 27, 2026 by Real Broker, it's currently listed at $1,550,000. It has been on the market for a total of 27 days and was last sold on April 14, 2022. This listing's school districts are Osborn Elementary District, Phoenix Union High School District. Nearby schools include Longview Elementary School, Osborn Middle School and Central High School. 4132 North 3rd Avenue is a 0-bed, 0-bath, multi-family home built in 1950.

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 Real Broker

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.