4201 E Almeria Rd, Unit 1

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Description

Turnkey Phoenix Duplex Investment Opportunity! Welcome to 4201 E Almeria Rd, Phoenix, AZ -- a fully furnished, income-producing duplex currently operating as a successful short-term rental property with a strong 4.79-star guest rating and 94.4% 5-star reviews. Ideally located near Phoenix Sky Harbor International Airport, Central Phoenix, Old Town Scottsdale, major freeways, dining, entertainment, and Cactus League Spring Training ballparks, this property offers exceptional convenience for travelers,...Turnkey Phoenix Duplex Investment Opportunity! Welcome to 4201 E Almeria Rd, Phoenix, AZ -- a fully furnished, income-producing duplex currently operating as a successful short-term rental property with a strong 4.79-star guest rating and 94.4% 5-star reviews. Ideally located near Phoenix Sky Harbor International Airport, Central Phoenix, Old Town Scottsdale, major freeways, dining, entertainment, and Cactus League Spring Training ballparks, this property offers exceptional convenience for travelers, investors, and owner-occupants alike. Unit 1 features 2 bedrooms and 2 bathrooms, while Unit 2 offers 2 bedrooms and 1 bathroom. The property is currently configured for Airbnb-style room-by-room rentals, creating strong income potential and flexible occupancy options. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, allowing for a seamless transition to the next owner. Recent capital improvements include:
" Unit 1 HVAC replaced in 2021
" Unit 1 water heater replaced in 2023
" Unit 2 HVAC replaced in 2022
" Unit 2 water heater replaced in 2021
" Additional light remodeling and interior updates completed throughout the property

Additional features include:
" No HOA
" Fully operational short-term rental setup
" Income-producing opportunity
" Furnished turnkey investment
" Close proximity to Scottsdale, Downtown Phoenix, Tempe, and Spring Training facilities
" Convenient access to shopping, restaurants, nightlife, and freeway systems

Whether you're looking for a short-term rental investment, house-hacking opportunity, or furnished multi-family property in a prime Phoenix location, this duplex offers flexibility, location, and proven rental performance.
  1. Listed by Kathaleen Patterson • Brokerage DRE #CO578024014 • Realty ONE Group
    P: (602)-380-2087 C: (602)-380-2087 kpattersonhomesaz@gmail.com

Property Details for 4201 East Almeria Road, Unit 1

Subdivision Name
ELLA LEE
View YN
No
Zoning
R-3
LISTING UPDATED: 05/15/2026 05:01 PM

Property Details for 4201 East Almeria Road, Unit 1

StatusActive
MLS #7029061
Days on Market32
Taxes$1,137 / year
HOA Fees-
Condo/Co-op Fees$4,800 / month
Property TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1969
Lot Size0.18 AC / 7,780 SF
CountyMaricopa County

Location

Listing Courtesy of Realty ONE Group
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Building Information for 4201 East Almeria Road, Unit 1

Stories-Residences2Year Built1969Building Size-Lot Size0.18 AC / 7,780 SF

Payment Calculator

$8,478 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,583

Property Taxes

$95

HOA Dues

$4,800

The Payment Calculator is for illustrative purposes only.

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Property Information for 4201 East Almeria Road, Unit 1

Summary
Location and General Information
  • Unparsed Address: 4201 E ALMERIA Road 1, Phoenix, AZ 85008
  • City: Phoenix
  • Coordinates: -111.991239, 33.466538
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 40th St & McDowell
  • Directions: McDowell Rd to 41st Place | North on 41st Pl to Almeria Rd | Right on Almeria Rd to 5th property on the right.
  • Latitude: 33.466538
  • Longitude: -111.991239
  • Postal City: Phoenix
  • Postal Code: 85008
  • Postal Code Plus4: 4070
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,969
Taxes and HOA
  • Tax Annual Amount: $1,137.00
  • Tax Book Number: 126.00
  • Tax Legal Description: LOT 1 ELLA LEE MCR 008247
  • Tax Lot: 1
  • Tax Year: 2,025
Parking
  • Covered Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Detached Garage, Add'l Parking Avail, 1 Space/Unit, Carport
  • Parking Total: 4
School Information
  • Elementary School: Brunson-Lee Elementary School
  • Elementary School District: Balsz Elementary District
  • High School: Camelback High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Pat Tillman Middle School
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 7780
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Change Timestamp: 05-15-2026 10:01:08 PM
  • Documents Count: 7
  • Ownership: Fee Simple
  • Parcel Number: 12607066
  • Property Type: Multiple Dwellings
  • Public Survey Range: 4E
  • Public Survey Section: 31
  • Public Survey Township: 2N
  • Road Surface Type: Asphalt, Dirt
Utilities
  • Electric: SRP
  • Electric Expense: $4,176.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $2,016.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Barbecue, Exercise Room, Heated Spa(s)
  • Construction Materials: Painted, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Roof: Composition
  • Security Features: Security Light(s)
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Ceiling Fan(s), Electric, 2 or More Units
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $1,560.00
  • Gross Income: $56,250.00
  • Gross Scheduled Income: $75,000.00
  • Insurance Expense: $3,576.00
  • Maintenance Expense: $4,800.00
  • Net Operating Income: $49,374.00
  • Operating Expense: $21,405.00
  • Other Expense: $4,140.00
  • Professional Management Expense: $.00

Property History for 4201 East Almeria Road, Unit 1

DateEvent & SourcePriceAppreciation
May 15, 2026

Listed (Active)

ARMLS #7029061

$719,000—
Mar 15, 2019

Sold

ARMLS #5882631

$230,000—
Mar 2, 2019

Pending

ARMLS #5882631

—
DateEvent & SourcePrice
05/15/2026

Listed (Active)

ARMLS #7029061

$719,000
03/15/2019

Sold

ARMLS #5882631

$230,000
03/02/2019

Pending

ARMLS #5882631

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

Public Records for 4201 East Almeria Road, Unit 1

Taxable ValueLand$3,670Additions$14,680Total$18,350
Tax Record2019$1,015 ($85 / month)
Home Facts
Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,975 SqFtStories1Lot Size7,780 SqFtStyleDuplexYear Built1969Year Renovated1969ZoningR-3CountyMARICOPAAPN12607066

Schools near 4201 East Almeria Road, Unit 1

This home is within Balsz Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Griffith Elementary School
PublicPK to 6

Balsz Online Academy (B.O.A.)
PublicK to 8

Camelback 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

4201 East Almeria Road, Unit 1 is a multi-family home for sale in Phoenix, AZ 85008. This property was listed for sale on May 15, 2026 by Realty ONE Group, it's currently listed at $719,000. It has been on the market for a total of 32 days and was last sold on March 15, 2019. This listing's school districts are Balsz Elementary District, Phoenix Union High School District. Nearby schools include Griffith Elementary School, Balsz Online Academy (B.O.A.) and Camelback High School. 4201 East Almeria Road, Unit 1 is a 0-bed, 0-bath, multi-family home built in 1969.

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 Realty ONE Group

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.