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6249 N LITCHFIELD Road, Litchfield Park, AZ, 85340

4beds
4baths
1,992sqft
$795,000
$399price/sqft
$5,800/moest. monthly cost
$232,000/yrincome needed

About This Home

6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43,200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ' opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 × 4 units = $3,600/month * Annual = $43,200 Scenario 1 - Moderate Increase ($1,050/unit): * $1,050 × 4 = $4,200/month * Annual = $50,400 * + $7,200/year increase Scenario 2 - Market Alignment ($1,200/unit): * $1,200 × 4 = $4,800/month * Annual = $57,600 * + $14,400/year increase

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

5/10
6/10
Canyon View High SchoolGrades 9-126.2 mi

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Painted,Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Range

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Forced Air,Window/Wall Unit(s),Electric
  • Cooling features: Ceiling Fan(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,992
  • Total interior livable area: 1,992 sqft

Property

Details

  • Parcel number: 50113091D
  • Zoning: [M-H]

Lot

  • Lot size dimensions: 122 x 80 x 67 x 13 x 62 x 39

Parking

  • Total spaces: 8
  • Parking features: Off Street,RV Access/Parking,Free,1 Space/Unit,<1 Space Per Unit,On Street,Boat
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8