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398 N 20TH Drive

Phoenix, AZ 85009
  • $560,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 6953330
UPDATED: 51 min ago
$560,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Ratings & Info

Description

*Seller Must Close Prior to the End of the Year* 398 North 20th Drive is a 4-unit, garden-style property, originally constructed in 1984. This clean and well-kept fourplex features 100% two-bedroom/one-bathroom units, each individually metered for electricity. While fully occupied and positioned for immediate cash flow, the asset also presents a lighter value-add opportunity through continued interior and exterior upgrades, supported by ample on-site parking and a desirable west Phoenix location. Situated in close proximity to downtown, the Arizona Capitol Museum, and major freeway access, the property offers both convenience and attractive upside for future ownership.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-11T10:13:07.183.
www.sell48.com/homes/171045380
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398 N 20TH Drive Phoenix, AZ 85009

  • Price: $560,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 51 min ago
  • MLS #: 6953330
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
Christy Croft
County:
Maricopa
Area:
Phoenix
Property Description
*Seller Must Close Prior to the End of the Year* 398 North 20th Drive is a 4-unit, garden-style property, originally constructed in 1984. This clean and well-kept fourplex features 100% two-bedroom/one-bathroom units, each individually metered for electricity. While fully occupied and positioned for immediate cash flow, the asset also presents a lighter value-add opportunity through continued interior and exterior upgrades, supported by ample on-site parking and a desirable west Phoenix location. Situated in close proximity to downtown, the Arizona Capitol Museum, and major freeway access, the property offers both convenience and attractive upside for future ownership.
Exterior Features

Attached Garage YN No Construction Materials Wood FrameStucco Covered Spaces 0 Open Parking Spaces 6 Parking Features Paved>1 Space Per Unit Roof Composition

Interior Features

BIOven Range Yes Cooling Central AirElectric Cooling YN Yes Heating Electric Heating YN Yes Interior Features []

Property Features

Community Features See Remarks Disclosures None Flood Zone No Flooring Vinyl Gross Income 58767 Listing Terms Conventional1031 ExchangeFHAVA Loan Maintenance Expense 3117 Owner Pays Trash CollectionWaterSewerLandscaping Ownership Fee Simple Project Type Quadraplex Yes Sewer Public Sewer Tax Annual Amount 954 Tax Year 2025 Water Source City Franchise Zoning R-3

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-11T10:13:07.183.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251