4201 E ALMERIA Road #1, Phoenix, AZ, 85008
About This Home
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.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1969
Materials
- Roof: Composition
- Construction materials: Painted,Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Free-Standing Range,Disposal,Dishwasher,Refrigerator,Microwave,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Electric,2 or More Units
Interior Area
- Total structure area: 1,974
- Total interior livable area: 1,974 sqft
Property
Details
- Parcel number: 12607066
- Zoning: R-3
Lot
- Lot size: 7,780 sqft
- Lot size dimensions: 7780
Parking
- Total spaces: 4
- Parking features: Detached Garage,Add'l Parking Avail,1 Space/Unit,Carport
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 2
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,635 | $43,620 |
| Home Insurance | $209 | $2,508 |
| Property Taxes | $263 | $3,156 |
| Electricity | $216 | $2,603 |
| Total | $4,323 | $51,876 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-15 | Listed for sale | $719,000 |
| 2019-03-15 | Sold | $230,000 |
| 2019-03-02 | Pending sale | $240,000 |
| 2019-03-01 | Listed for sale | $240,000 |
| 2019-02-20 | Pending sale | $240,000 |
| 2019-02-13 | Listed for sale | $240,000 |
| 2016-09-10 | Listing removed | $215,000 |
| 2016-08-05 | Price change | $215,000 |
| 2016-07-25 | Price change | $220,000 |
| 2016-07-11 | Listed for sale | $230,000 |
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