4121 E Moreland Street, Phoenix, AZ 85008

New Listing
$835,000
Property Type: Multi-Family Square Footage: 3,144 Lot Size (sq. ft.): 7,708 Status: Active
Current Price: $835,000 List Date: 6/09/2026 Last Modified: 6/09/2026

Overview

Description

Public Remarks: Excellent opportunity to acquire a fully occupied fourplex in Phoenix, ideally located near the Loop 202 Freeway and 44th Street. Each unit offers a desirable 2-bedroom, 1-bath open floor plan along with a private gated patio. Centrally located and positioned in a high-demand rental corridor. Just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix and all connecting freeways. Electric is individually metered and paid by tenants. The owner currently covers water, sewer, and trash. This is a turn key investment and a perfect addition to any investors portfolio. Please Do Not Disturb The Tenants

Listing Details MLS# 22614517

Address Information

Street #
4121
Direction
E
Street Name
Moreland
Suffix
Street
State/Province
AZ
Zip Code
85008
County
Maricopa
Country
USA

Location, Tax & Legal

Tax Code
125-20-041
Area
Maricopa
Subdivision
Out Of Pima County
Comparable Only Listing
No
Tax Year
2025
Taxes
1006.16
Taxes For
Dwelling & Land
Legal Description
Whispering Sands
Community
None
Municipality/Zoning
Other - CALL
Fire Protection
None
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Quadruplex
Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
Unknown
Lot Acres
0.18
Lot Sqft
7708
Lot Size Source
Assessor
Combined SqFt
3144
Year Built
1963
Total Parking
4
School District
Other
Elementary School
Other
Middle School
Other
High School
Other
Horse Property
No
Horse Facilities
No
List Price/SqFt
265.59
Lot Size Price/SqFt
108.33

Property Features

Construction: Brick Style: Patio Home Roof: Shingle Living Areas: Living Room Dining Areas: Breakfast Nook Breakfast: Eat-In; Nook Kitchen Features: Gas Range; Refrigerator Bathroom Features: Dual Sinks/Primary; Garden Tub Laundry: In Bathroom; Dryer Included; Washer Included Extra Room: None Interior Features: Ceiling Fan(s); Smoke Detector Floor Covering: Ceramic Tile; Vinyl Technology: Cable TV; High Speed Internet Main Cooling: Ceiling Fan(s); Central Air Main Heating: Electric Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Pool: None Spa: None Fence: Block Landscape - Front: Desert Plantings Landscape - Rear: None View: None Road Type: Paved Driveway: None Exterior Feature: None Lot Features: Adjacent to Alley Neighborhood Features: Sidewalks Terms: Cash; Conventional Submit With Offer: Proof of Funds Property Disclosures: Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
202 Freeway & 44th St. EXIT Exit 202 Freeway go North. Turn Left on Belleview St. Turn Left on 40th St. Turn Left on to Moreland. Four Plex is on the Right side.

Unit Info

# of Units/2 BR
4
Avg Mo Rent/2 BR
1400
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Unit 1 Information

Monthly Rent
1425
# Beds
2
# Full Baths
Yes
SqFt
786
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
1400
# Beds
2
# Full Baths
Yes
SqFt
786
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 3 Information

Monthly Rent
1300
# Beds
2
# Full Baths
Yes
SqFt
786
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 4 Information

Monthly Rent
1350
# Beds
2
# Full Baths
Yes
SqFt
786
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
7.07
Gross Rent Multi
12.71
Exp/SqFt
2.11
Exp % of Gross
10.09
Vacancy Rate %
0

Income

Gross Scheduled Rent
65700
Adjusted Gross
65700
Total Expenses
6626
Net Opp Income
59074
Vacancy Loss
0
Other Income
0

Expenses

Management
5620
Taxes/Assessments
1006
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Insurance
0
Maintenance Supplies
0
Resident Manager
0
Water/Sewer
0
Other Expenses
0

Dining Room

Other
In Kitchen

Interior Features

Interior Steps
No
Ceiling Fan(s)
Yes
Smoke Detector
Yes

Window Covering

Other
Vertical, Mini Blind

Electric

Electric Company
SRP

Security

Other
Security Door

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Tenant
Insurance
Tenant
Landscaping
Owner
Sewer
Owner
Taxes
Tenant
Trash
Owner
Water
Owner

RV Parking

Other
NONE

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Home Protection

Offered
No

Gas

Natural
Yes

Construction

Brick
Yes

Style

Patio Home
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Water

Public
Yes

Living Areas

Living Room
Yes

Dining Areas

Breakfast Nook
Yes

Fence

Block
Yes

View

None
Yes

Breakfast

Eat-In
Yes
Nook
Yes

Road Type

Paved
Yes

Kitchen Features

Gas Range
Yes
Refrigerator
Yes

Road Maintenance

City
Yes

Lot Features

Adjacent to Alley
Yes

Main Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Laundry

In Bathroom
Yes
Dryer Included
Yes
Washer Included
Yes

Neighborhood Features

Sidewalks
Yes

Main Heating

Electric
Yes

Extra Room

None
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Bathroom Features

Dual Sinks/Primary
Yes
Garden Tub
Yes

Terms

Cash
Yes
Conventional
Yes

Floor Covering

Ceramic Tile
Yes
Vinyl
Yes

Submit With Offer

Proof of Funds
Yes

Accessibility Option

None
Yes

Technology

Cable TV
Yes
High Speed Internet
Yes

Special Conditions

None
Yes

Landscape - Front

Desert Plantings
Yes

Landscape - Rear

None
Yes

Patio/Deck

Patio
Yes

Pool

None
Yes

Property Disclosures

Seller Prop Disclosure
Yes

Spa

None
Yes

Driveway

None
Yes

Exterior Feature

None
Yes
IDX
Listing Office: Beyond Realty
Last Updated: June - 09 - 2026
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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