A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. 3 of the units have been extensively remodeled with new flooring, new kitchen cabinets, counters and appliances, new vanities, tubs and toilets, popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owned 4 plex buildings. Units C and D have private fenced yards. Roof was new in 2018. Unit A - new A/C in 2023. Unit D - new A/C in 2021. Unit C - new A/C in 2020. 100% occupied at below market rates. Market rents indicate a $1250-$1350 per month rate is possible, making the CAP rate a terrific 7%+. Community laundry. NO HOA!
Property Details
Property Features
Property Information:
Year Built: 1963
Listing Office:
Office Name: McMath Realty LLC
Office Phone: (602) 340-1222
Listing Agent: Tyler Nick
Interior Features
Interior Information:
Flooring Type: Ceramic Tile, Vinyl
Exterior Features
Parking Information:
Parking: Add'l Parking Avail, 1 Space/Unit
Utilities
Utilities Information:
Heating: Other, Heat Pump, Electric
Cooling: Central Air, Other, Heat Pump, Electric, Ceiling Fan(s)
School Info
Assigned Schools Information:
Thunderbird High School, Public District Grades 9-12
Mountain Sky Middle School, Public District Grades 7-8
John Jacobs Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: West on Cactus from 19th Ave. Garden Villas is on the North side of Cactus. Second building on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $699,000
Tax Information:
Annual Amount: $1,690
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
John Jacobs Elementary School
14421 N 23rd Ave
Distance between this listing and this school1.45 miles
Public District Grades KG-6
Middle School
5
/10
Mountain Sky Middle School
16225 N 7th Ave
Distance between this listing and this school2.71 miles
Public District Grades 7-8
High School
8
/10
Thunderbird High School
1750 W Thunderbird Rd
Distance between this listing and this school1.09 miles
Public District Grades 9-12
Assigned Schools
5
/10
John Jacobs Elementary School
14421 N 23rd Ave
Distance between this listing and this school1.45 miles
Public District Grades KG-6
Nearby Schools
4
/10
Shaw Butte School
12202 N 21st Ave
Distance between this listing and this school0.16 miles
Public District Grades PK-6
4
/10
Moon Mountain School
13425 N 19th Ave
Distance between this listing and this school0.78 miles
Public District Grades PK-6
Assigned Schools
5
/10
Mountain Sky Middle School
16225 N 7th Ave
Distance between this listing and this school2.71 miles
Public District Grades 7-8
Nearby Schools
4
/10
Cholla Middle School
3120 W Cholla St
Distance between this listing and this school1.45 miles
Public District Grades 6-8
2
/10
Mountain View Elementary School
801 W Peoria Ave
Distance between this listing and this school1.51 miles
Public District Grades PK-8
Assigned Schools
8
/10
Thunderbird High School
1750 W Thunderbird Rd
Distance between this listing and this school1.09 miles
Public District Grades 9-12
Nearby Schools
7
/10
Moon Valley High School
3625 W Cactus Rd
Distance between this listing and this school1.99 miles
Public District Grades 9-12
1
/10
E-Institute At Metro
9201 N 29th Ave
Distance between this listing and this school2.11 miles
The neighbors living near this home have an average income of $52,729. Typical income of Phoenix, AZ residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2036 W Cactus Rd
What is the listing price of this property?
The listing price of 2036 W Cactus Rd property is $699,000.
What type of property is this?
The property 2036 W Cactus Rd is a house located in Phoenix, Arizona, 85029.
Is this property for sale now?
Active Listing: 2036 W Cactus Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2036 W Cactus Rd are: John Jacobs Elementary School: GreatSchools Rating 5/10Mountain Sky Middle School: GreatSchools Rating 5/10Thunderbird High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,690 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 8, 2018 for $257,354. (source: MLS/tax record).
Which year was this property built?
The year of construction for 2036 W Cactus Rd is 1963.
This home is located at 2036 W Cactus Rd in Phoenix, AZ and zip code 85029 in the North Mountain neighborhood. This home was built in 1963. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $699,000.
In April 2024 more than 306 listings in Phoenix, AZ were sold above the asking price. During the same period more than 374 listings were sold at asking price, while more than 813 were sold below. Between March 2024 and April 2024, Phoenix, AZ real estate market has seen increase in the number of listings by 2.5%. In April 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $444,345.
From Rocket Homes Real Estate and based on county public records data.