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450 PALM Drive, Wickenburg, AZ, 85390

8beds
1baths
2,880sqft
$625,000
$217price/sqft
$4,494/moest. monthly cost
$179,760/yrincome needed

About This Home

Fully rented fourplex in the heart of Wickenburg--an excellent investment opportunity with immediate income potential! Ideally located within walking distance to historic downtown Wickenburg, this property offers convenience to shopping, dining, and local amenities. Each of the four units features 2 bedrooms and 1 bathroom, providing desirable layouts for tenants and strong rental appeal. With all units currently occupied, this is a turnkey income-producing property ready for its next owner. Whether you're looking to expand your portfolio or secure a solid investment in a growing market, this well-located multi-family property is a must-see!

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

2/10
Wickenburg High SchoolGrades 6-122.7 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 1

Features

  • Flooring: Laminate,Carpet

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,880
  • Total interior livable area: 2,880 sqft

Property

Details

  • Parcel number: 50508004E
  • Zoning: RM-1

Lot

  • Lot size dimensions: appro x 89' x 111'

Parking

  • Total spaces: 4
  • Parking features: 1 Space/Unit
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Wildfire
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

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

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance $177$2,124
Property Taxes $853$10,236
Electricity $304$3,659
Total$4,494$53,928

Income You'd Need if You Spent...

35% on housing$154,080/yr
40% on housing$134,820/yr
45% on housing$119,840/yr

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$217This listing

vs Other Active Listings

Avg $/sqft

ZIP 85390$249
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85390$252
Maricopa County$262

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

DateEventPrice
2026-03-25Listed for sale$625,000
2021-03-24Listing removed--
2015-02-13Sold$127,500
2014-08-04Listing removed$303,999
2014-05-20Price change$303,999
2014-03-05Listed for sale$299,999
2004-09-15Sold$130,000
1998-07-01Sold$90,000

For Sale by Agent

AgentLori Horcos
BrokerageArizona Legends Realty

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