4821 E Sheridan Street, Phoenix, AZ 85008

Phoenix
Local realty services provided by:HUNT Real Estate ERA
4821 E Sheridan Street,Phoenix, AZ 85008
$1,450,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: linda s gerchick
Office: gerchick real estate
MLS#:6989552
Source:ARMLS

Price summary

  • Price:$1,450,000

About this home

Investment Potential: This fully renovated Arcadia 4-plex just became one of the most compelling small multifamily plays in the Phoenix market. Recently reduced from $1,695,000 to $1,450,000, 4821 E Sheridan combines over $500,000 in capital improvements, strong rent potential, and an A+ Arcadia location that continues to attract high-quality tenants. One unit has just leased at $1,895 per month + $50 in RUBS, and three additional units are available to show and in active lease-up. For investors seeking a turnkey asset with both income growth and long-term appreciation, this property checks all the boxes. Buyer to verify all facts and figures. see supplemental information A Fully Renovated Investment Opportunity in One of Phoenix's Most Coveted Neighborhoods This meticulously upgraded 4-unit property is nestled in the heart of Arcadia, a prestigious neighborhood known for its lush landscapes, historic charm, and proximity to Camelback Mountain. Arcadia offers a unique blend of...

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Home facts

  • Year built:1957
  • Listing ID #:6989552
  • Updated:May 16, 2026 at 02:55 PM

Rooms and interior

  • Flooring:Ceramic Tile

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump, Individual Cooling
  • Heating:Heat Pump

Structure and exterior

  • Year built:1957
  • Construction Materials:Block, Painted, Stucco

Utilities

  • Water:City Franchise, Master Meter
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$1,450,000
  • Tax amount:$1,745 (2024)

Parking

  • Total parking spaces:8
  • Parking description:Assigned, Free Parking, More Than 1 Parking Space/Unit, Paved
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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