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4034 E MORELAND Street, Phoenix, AZ 85008

$1,190,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,190,000 Last Modified: 11/03/2025

Description

Grossing $7,650 a month. With OWNED solar panels. Individual meters. Recently updated roof, partial plumbing, dual-pane, HVAC and water heaters- 3 years old. Ability to increase rents/ add rubs. Exact same 2-bedroom, 1-bathroom layout. Every unit is equipped with a full-size stackable washer and dryer, with its own private patio and low-maintenance yard. Each tenant has covered parking! Situated in a rapidly developing neighborhood.

More Information MLS# 6933173

Contract Info

Ownership: Fee Simple Current Price: $1,190,000 List Price: $1,190,000 Status: Active List Date: 2025-10-14

Location, Tax & Legal

Assessor's Map #: 20 Legal Description (Abbrev): LOT 23 WHISPERING SANDS MCR 008305 Assessor's Parcel #: 25 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 113700 Taxes: 930 Legal: LOT 23 WHISPERING SANDS MCR 008305 Marketing Name: 4034 E Moreland House Number: 4034 Compass: E Street Name: MORELAND St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Zip4: 5558 County Code: Maricopa Subdivision: WHISPERING SANDS Assessor Number: 125-20-025 Tax Year: 2024

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 2 Lot Size Dimensions: 82.81x94.28x82.81x94.27 Total # of Units: 4 Elementary School District: Balsz Elementary District High School District: Phoenix Union High School District Year Built: 1963 Zoning: R-4

Legal Info

Range: 4E Section: 6 Township: 1N Lot Number: 23

Project Type

Four Plex: 1

Construction

Block: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1

Floors

Vinyl: 1

Sale Includes

Building(s) Only: 1

Income & Expenses

Annual Elec Exp: 3000 Annual Ins Exp: 2777 Annual Landscape Exp: 500 Annual Maint Exp: 1500 Annual Wtr/Swr Exp: 4608 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 13315 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 91800 Total Monthly Rental Income: 91800

Pmt & Rate Info

Cap Rate: 6.53 Equity: 1190000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1

Lockbox Type

Supra: 1 Other: 1

Community Features

No Pool: 1

Heating

Solar: 1 Individual: 1

Cooling

Electric: 1 Individual: 1

Exterior Amenities

Desert Landscaping: 1 Fenced: 1 Patio/Balcony: 1 Security Light(s): 1

Interior Features

Unfurnished: 1 Fire/Smoke Alarm(s): 1 Shutters: 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Carport: 1 Free: 1 >1 Space Per Unit: 1

Electric

Solar: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Electric: 1 Trash Collection: 1 Landscaping: 1 See Remarks: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Existing 1st Loan

VA: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 1912 Avg SqFt: 780 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: 40th St and McDowell Directions: South to Belleview, jog SE to 40th street access road, S to Moreland, East to property on North side of street. Geo Lat: 33.461557 Geo Lon: -111.99333

Income Expenses

Gross Annual Sch Inc: 91800 Net Operating Income: 77687

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Stucco Roofing: Composition Floors: Vinyl Sale Includes: Building(s) Only Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Shutters Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Solar Cooling: Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: Solar Gas: None Parking Features: Carport; >1 Space Per Unit; Free Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Landscaping; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: Supra; Other Existing 1st Loan: VA New Financing: Cash; VA; FHA; Conventional Environmental: None
Listing Office: The Ave Collective
IDX
Last Updated: November - 03 - 2025
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