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1321 N 48TH Place
Phoenix AZ 85008 US

$930,000

Active Listing ID 6988566
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8 bed
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4.00 Bath (4 Full)
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Other

$930,000

Active Listing ID 6988566
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1321 N 48TH Place This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. Units 1 and 2 have just been remodeled/ upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.5% CAP (Pro forma)

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Ceiling Fan(s), Electric, Heat Pump, Central Air
  • Floor Covering: Tile - Ceramic
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating)

School Information

  • School
  • Brunson-Lee Elementary School(Elementary)
  • Pat Tillman Middle School(MiddleSchool)
  • Buckeye Union High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 930000
  • unparsedaddress: 1321 N 48TH Place
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85008
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.4628
  • longitude: -111.977256
  • listagentfullname: Monica Coker
  • listagentemail: info@monicacoker.com
  • listagentkey: 3yd-ARMLSAZ-mc590
  • listagentmlsid: mc590
  • listagentpreferredphone: 4803071815
  • listagentofficephone: 4803071815
  • listofficekey: 3yd-ARMLSAZ-cril01
  • listofficemlsid: cril01
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1960
  • listingcontractdate: 2026-02-23
  • listagenturl: http://Www.cokerhomesgroup.com
  • countyorparish: Maricopa
  • parcelnumber: 125-13-092-A
  • elementaryschool: Brunson-Lee Elementary School
  • highschool: Buckeye Union High School
  • elementaryschooldistrict: Balsz Elementary District
  • middleorjuniorschooldistrict: Buckeye Union High School District
  • highschooldistrict: Buckeye Union High School District
  • appliances: Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave, W/D Hookup
  • cooling: Ceiling Fan(s), Electric, Heat Pump, Central Air
  • constructionmaterials: Painted, Block
  • flooring: Tile - Ceramic
  • heating: Electric (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 6
  • securityfeatures: Security Lighting
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -111.97726, 33.4628
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@monicacoker.com", "ListBrokerageCity":"Scottsdale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@hsmove.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/ARMLSAZ/c5ababc321caed0f0121cb007014004f/20140609191651070.png", "ListBrokerageName":"HomeSmart", "ListBrokeragePhone":"(602) 230-7600", "ListBrokeragePostalCode":"85255", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8388 E. Hartford Dr", "ListBrokerageWebsiteUrl":"http://www.homesmartintl.com", "ListOfficeAddress1":"8388 E Hartford Dr #100 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"cril01", "ListOfficeCity":"Scottsdale", "ListOfficeCountry":"US", "ListOfficeEmail":"rlarue@hsmove.com", "ListOfficePostalCode":"85255", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1321-N-48th-Pl-Apt-2_Phoenix_AZ_85008_M12950-75591?f=listhub&s=ARMLSAZ&m=6988566&c=rexren", "MLSModificationTimestamp":"2026-04-15 17:18:12", "Neighborhoods":[{"Description":null, "Name":"PALOMINO ESTATES"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1184, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/15/2026 5:35:33 AM GMT
Source Updated Date: 5/26/2026 6:40:34 PM GMT

Courtesy of: Monica Coker, HomeSmart, info@monicacoker.com

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.