939 E TURNEY Avenue, Phoenix, AZ 85014
$1,334,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,334,000
Last Modified:
2/24/2026
Description
Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect
Supplements: investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!
More Information MLS# 6810283
Contract Info
Current Price: $1,334,000
List Price: $1,334,000
Status: Active
List Date: 2025-01-24
Ownership: Fee Simple
Location Tax Legal
House Number: 939
Compass: E
Street Name: TURNEY
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4137
County Code: Maricopa
Subdivision: CAROLYN PLACE
Assessor Number: 155-14-015
Tax Year: 2024
General Property Description
Lot Size Dimensions: 12,929
Year Built: 1946
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 2
Zoning: R-3
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Longview Elementary School
Jr. High School: Longview Elementary School
High School: Central High School
Remarks Misc
Cross Street: 12th St & Campbell
Directions: From E Indian School Rd Turn Right onto N 12th St, Turn Left onto E Turney Ave, Property is on the left.
Geo Lat: 33.499547
Geo Lon: -112.059885
Legal Info
Township: 2N
Range: 3E
Section: 21
Lot Number: 47
Income Expenses
Gross Annual Sch Inc: 121606
Net Operating Income: 61771
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 2500
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg SqFt: 900
# Baths: 1
Contact Info
List Agent Home Phn: 602-320-0406
Property Features
Project Type: Four Plex
Construction: Block; Brick
Const - Finish: Painted
Roofing: Composition
Floors: Concrete
Sale Includes: Land & Building; Personal Property; Other (See Remarks)
Community Features: No Pool; Play Area; Barbecue
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Separate Storage
Interior Features: Furnished; Fire/Smoke Alarm(s); Security Alarm(s); Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Disposal; Microwave; Washer/Dryer
Heating: Central
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: SW Gas
Parking Features: On Street; 1 Space/Unit; Add'l Parking Avail; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Electric; Gas; Trash Collection; Cable TV
Tenant Pays: None
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Documents
2025 P & L ›Listing Office: AZREAPM
Last Updated: February - 24 - 2026
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