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Image 1 - 2036 W Cactus Rd, Phoenix, Arizona, 85029 - House for sale
Image 2 - 2036 W Cactus Rd, Phoenix, Arizona, 85029 - House for sale
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Home For Sale In Phoenix, Arizona
2036 W Cactus Rd, Phoenix, Arizona, 85029

Home For Sale In Phoenix, Arizona

house for sale
Listed: 06/05/24

2036 W Cactus Rd, Phoenix, Arizona, 85029

Studio Bed:
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Price
$ 679,000

About This House

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 in2020. 100% occupied at below market rates. Market rents indicate a$1250-$1350per month rate is possible, making the CAP rate a terrific 7%+. Community laundry. NO HOA!

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North Mountain Housing & Living

Household Income

Median household income: $57,957
Number of households: 574,645
The average household income in Phoenix, AZ grew from $56,696 to $57,957 in the past year. This data is an estimate based upon 574,645 households in Phoenix, AZ.
The chart below presents how household income is distributed in Phoenix, AZ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Phoenix, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Phoenix, AZ equals $800-$1,500 , which is more than the national average.