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$2,800,000
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Property Description
A rare multifamily investment opportunity in the heart of Phoenix, The Casitas consists of three separate parcels totaling 31,787 square feet near 21st Street and Camelback Road. The property features seven residences across six buildings, including five detached units and one duplex, with studio, one-, two- and three-bedroom layouts. Renovated down to the studs in 2022, each unit offers modern interiors, updated systems, private outdoor space and individually metered utilities. Gated parking and low-maintenance grounds complete the property. Conveniently located near the Biltmore, Arcadia, The Esplanade, shopping, dining, employment centers and major freeways, this turnkey investment provides strong rental income with compelling long-term potential.
Full Property Details
Full Property Details for 4324 N 21st St
General
- Price: $2,800,000
- Taxes: $7,769 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7072919
- Updated: 8/31/2026
- Added to Site: 23 day(s) ago
Interior
- Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 10
Parking
- Parking Features: Off Street, Attached Garage, Free, Garage Door Opener, 1 Space/Unit
Location
- County: Maricopa
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Heat Pump, Ceiling
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 6
- Exterior Const.: Stucco, Block
- Roof: Composition
- Year Built: 1955
Unit Information
- Vacancy %: .03
Lot Features
- Lot Dimensions: 198' x 156'
- Frontage: Asphalt
- Zoning: R-3 MultiFamily
Financial Considerations
- Tax Amount: $7,769
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Multiple Parcels: Yes
- Property ID: 163-31-038-H
- Lot Number: 2
Listed by Real Broker
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Schools
Schools serving 4324 N 21st St
School Districts:Madison Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Madison Camelview Elementary School 2002 East Campbell Avenue, Phoenix, AZ 85016 | PK-4 | 0.3 mi |
Madison Park School 1431 East Campbell Avenue, Phoenix, AZ 85014 | 5-8 | 0.7 mi |
Camelback High School 4612 North 28th Street, Phoenix, AZ 85016 | 9-12 | 0.9 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 4324 N 21st St
Date
Details
Price
Change
Source
8/29/2026
Listed
$2,800,000
31.76%
MLS
6/03/2022
Sold
$2,125,000
—
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 4324 N 21st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,053
—
$15,756
-65%
2025
$2,053
8%
$44,720
-19%
2023
$1,905
3%
$55,146
62%
2022
$1,848
—
$34,060
40%
2022
$1,848
-1%
$24,380
8%
2021
$1,864
2%
$22,490
7%
2020
$1,835
2%
$21,020
29%
2019
$1,794
151%
$16,330
81%
2018
$715
—
$9,029
—
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 4324 N 21st St
4324 N 21st Street, Phoenix, AZ 85016 (MLS# 7072919) is a Multi-Family property with 7 units containing 10 bedrooms and 0 full bathrooms. 4324 N 21st Street is currently listed for $2,800,000 and was received on August 29, 2026. Want to learn more about 4324 N 21st Street? 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.

