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Property Description
Turnkey furnished duplex investment opportunity in the heart of Phoenix! Located at 4201 E Almeria Rd, this income-producing multi-family property is currently operating as a successful short-term rental with a strong 4.79-star guest rating and 94.4% five-star reviews. With no HOA, recent major system updates, and all furnishings included, this property is ready to continue generating income from day one. The duplex offers two separate living spaces, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. Currently configured for room-by-room short-term rentals, the property provides multiple income strategies including Airbnb, corporate housing, mid-term rentals, traveling professionals, seasonal visitors, or traditional long-term tenants. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, creating a true turnkey investment opportunity. Recent improvements include HVAC replacement in Unit 1 (2021) and Unit 2 (2022), water heater replacement in Unit 1 (2023) and Unit 2 (2021), plus additional interior updates and light remodeling throughout the property. Ideally situated near Phoenix Sky Harbor International Airport, Old Town Scottsdale, Downtown Phoenix, Tempe, Arizona State University, major employment corridors, and Cactus League Spring Training facilities, this location attracts both business and leisure travelers year-round. Residents and guests enjoy convenient access to shopping, dining, entertainment, golf, freeways, and some of the Valley's most popular destinations. Whether you're seeking a cash-flowing investment property, furnished duplex, house-hacking opportunity, short-term rental portfolio addition, or multi-generational living solution, this Phoenix duplex offers flexibility, location, and proven rental performance in one of the Valley's most desirable rental markets.
Full Property Details
Full Property Details for 4201 E Almeria Rd #1
General
- Price: $719,000
- HOA FEE: $4,800
- Taxes: $1,137 (2025)
- Status: Active
- Type: Duplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7029061
- Updated: 6/18/2026
- Added to Site: 46 day(s) ago
Interior
- Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Flooring: Tile
Additional Information
- Security/Safety: Security Light(s)
Parking
- Parking Features: Detached Garage, Add'l Parking Avail, 1 Space/Unit, Carport
Location
- County: Maricopa
- Township: 2N
- Subdivision: ELLA LEE
- Cross Streets: 40th St & McDowell
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, 2 or More Units
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Composition
- Year Built: 1969
Unit Information
- Vacancy %: .25
Lot Features
- Lot Dimensions: 7780
- Frontage: Asphalt, Dirt
- Zoning: R-3
Financial Considerations
- Maint. Fee/Month: $4,800
- Tax Amount: $1,137
- Tax Year: 2025
- Terms: Conventional
- Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: LOT 1 ELLA LEE MCR 008247
- Property ID: 126-07-066
- Range: 4E
- Section: 31
- Lot Number: 1
Listed by Realty ONE Group
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Schools
Schools serving 4201 E Almeria Rd #1
School Districts:Balsz Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Griffith Elementary School 4505 East Palm Lane, Phoenix, AZ 85008 | K-5 | 0.4 mi |
Pat Tillman Middle School 4309 East Belleview Street, Phoenix, AZ 85008 | 6-8 | 0.4 mi |
Camelback High School 4612 North 28th Street, Phoenix, AZ 85016 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4201 E Almeria Rd #1
Date
Details
Price
Change
Source
5/15/2026
Listed
$719,000
212.61%
MLS
3/04/2019
Sold
$230,000
—
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 4201 E Almeria Rd #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,137
—
$8,907
-83%
2025
$1,137
7%
$51,120
12%
2023
$1,060
4%
$45,700
42%
2022
$1,021
—
$32,170
37%
2022
$1,021
-2%
$23,480
3%
2021
$1,038
2%
$22,710
16%
2020
$1,019
—
$19,500
6%
2019
$1,015
6%
$18,350
12%
2018
$956
4%
$16,350
8%
2017
$916
2%
$15,150
5%
2016
$896
7%
$14,470
52%
2015
$841
2%
$9,520
27%
2014
$825
33%
$7,480
68%
2013
$619
—
$4,450
—
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 4201 E Almeria Rd #1
4201 E Almeria Road #1, Phoenix, AZ 85008 (MLS# 7029061) is a Duplex property with 0 bedrooms and 0 full bathrooms. 4201 E Almeria Road #1 is currently listed for $719,000 and was received on May 15, 2026. Want to learn more about 4201 E Almeria Road #1? Do you have questions about finding other Duplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

