USAAZPhoenixDel Rey Lots 101-1401-2444 E Willetta Street

New

$850,000

For Sale

7 hours ago

1 - 2444 E Willetta Street, Phoenix, AZ

Name: 1 - 2444 E Willetta Street, For Sale in Phoenix - eXp Realty
Brand: Get Multifamily
SKU: 7000022
Price: 850000 USD

MLS® 7000022

0 Bed

0 Bath

8 Parking

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size -

Garage No

HOA Fees $1,500

Taxes $1,050

Days Active 0

Approx. Age 1981

MLS® Number 7000022

Property Address: 1-2444 E Willetta Street, Phoenix, AZ, 85008

Average square foot calculated using Size range provided by listing agent.

Description

Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1, 100 to $1, 350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1, 200 to $1, 450. A new owner has the ability to implement a measured rental repositioning strategy to capture u upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, and white cabinetry, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. Additionally, the seller is in the process of recoating the asphalt, further reducing near-term capital expenditure requirements. Positioned in one of Phoenix's most sought-after infill locations, the asset benefits from close proximity to the Biltmore financial district, Arcadia retail and dining, and major transportation corridors. Four at Willetta represents an opportunity to acquire a proven, cash-flowing asset with strong historical occupancy, minimal deferred maintenance, and the ability to drive revenue growth through rental adjustments in a supply-constrained submarket. Recent appraisal of $960, 000 this is priced to sell. Owner/ Agent All facts and figures are approximate buyer verify MLS

MLS® Number7000022

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1981

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 18, 2026List Date

$850,000List Price

Commute

Commute

Starting Address

Destination Address

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