4201 E Almeria Road Unit 1, Phoenix, AZ 85008

$719,000

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List Price
$719,000
Status
ACTIVE
Days on Market
93
MLS#
7029061
Subtype
Multiple Dwellings
Year Built
1969
Subdivision
Ella Lee

Property Description

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

Additional Information

Taxes
$1,137
Zoning
R-3
Heating
Electric
Air Conditioning
Electric, 2 or More Units, Ceiling Fan(s)
Exterior Construction
Block, Painted
Parking Features
1 Space/Unit, Carport, Detached Garage
Elementary School
Brunson-Lee Elementary School
Middle School
Pat Tillman Middle School
High School
Camelback High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kathaleen Patterson (602-380-2087) from Listing Office: Realty ONE Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.