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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

2018 W Cactus Road, Phoenix, AZ – $599,000

  • $599k Price
  • $599k Price

2018 W Cactus Road

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

Essential Information

  • MLS® #6953868
  • Price$599,000
  • Year Built1963
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address2018 W Cactus Road
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85029

Amenities

  • AmenitiesNo Pool
  • Parking Spaces4
  • ParkingAssigned, 1 Space/Unit

Interior

  • CoolingElectric, Individual

Appliances

Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Heating

Individual, Heat Pump, Electric

Exterior

  • RoofBuilt-Up
  • ConstructionPainted, Block

School Information

  • ElementaryWashington Elementary School
  • HighGlendale High School

District

Glendale Union High School District

Additional Information

  • ZoningMultifamily

Listing Details

  • OfficeeXp Realty
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eXp Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on December 20th, 2025 at 9:33pm MST.