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$599,000 Sale Pending
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Property Description
This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!
Full Property Details
Full Property Details for 2018 W Cactus Rd
General
- Price: $599,000
- Taxes: $1,825 (2025)
- Status: Pending
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6953868
- Updated: 1/15/2026
- Added to Site: 43 day(s) ago
Interior
- Appliances: Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Parking
- Parking Features: Assigned, 1 Space/Unit
Location
- County: Maricopa
- Township: 3N
- Cross Streets: 19th Ave and Cactus Rd
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Individual
- Heating Type: Individual, Heat Pump, Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Built-Up
- Year Built: 1963
Lot Features
- Lot Dimensions: 94.1 x 101.92 x 92.61 x 101.96
- Zoning: Multifamily
Financial Considerations
- Tax Amount: $1,825
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: Trash Collection
Disclosures and Reports
- Legal Description: BEG SE COR W2 SE4 SE4 TH N 134.01' TO POB TH W 102.75' TH N 94' TH E 102.75' TH S 94' TO POB .22
- Property ID: 149-04-015
- Range: 2E
- Section: 13
- Lot Number: -
Listed by eXp Realty
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Schools
Schools serving 2018 W Cactus Rd
School Districts:Washington Elementary District, Glendale Union High School District
| Name | Grades | Distance |
|---|---|---|
Shaw Butte School 12202 North 21st Avenue, Phoenix, AZ 85029 | PK-5 | 0.1 mi |
Mountain Sky Middle School 16225 North 7th Avenue, Phoenix, AZ 85023 | 7-8 | 2.7 mi |
Thunderbird High School 1750 West Thunderbird Road, Phoenix, AZ 85023 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2018 W Cactus Rd
Date
Details
Price
Change
Source
12/04/2025
Listed
$599,000
23.51%
MLS
1/21/2021
Sold
$485,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2018 W Cactus Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,825
4%
$52,870
14%
2024
$1,757
2%
$46,450
-4%
2023
$1,725
3%
$48,360
26%
2022
$1,668
—
$38,310
45%
2022
$1,668
-1%
$26,460
7%
2021
$1,690
3%
$24,810
9%
2020
$1,648
2%
$22,810
14%
2019
$1,618
3%
$19,930
22%
2018
$1,575
1%
$16,300
7%
2017
$1,567
2%
$15,270
3%
2016
$1,539
8%
$14,760
2%
2015
$1,425
-6%
$14,450
26%
2014
$1,518
26%
$11,480
56%
2013
$1,204
—
$7,370
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2018 W Cactus Rd
2018 W Cactus Road, Phoenix, AZ 85029 (MLS# 6953868) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2018 W Cactus Road is currently listed for $599,000 and was received on December 04, 2025. Want to learn more about 2018 W Cactus Road? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

