$595,000
Litchfield Park, AZ 85340
MLS# 7016959
1 / 11
Property Description
6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley. This cash-flowing duplex offers immediate income with strong upside potential, ideally positioned along Litchfield Road directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Financial Highlights: $31,200 with potential $33,600 Annual Gross Income 5.2-5.6% Cap Rate Stable tenant base with consistent occupancy Location Advantages: Direct proximity to Luke Air Force Base (strong, reliable rental demand) Across from Tesla Collision Center (employment-driven growth) High-visibility corridor with ongoing commercial expansion Easy access to major transportation routes
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $595,000
List Price: $595,000
Status: Active
List Date: 2026-04-20
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): LUKE FIELD HOMES MCR 60-13 PT LT 211 & PT SW4 SEC 10 DAF COM AT SW COR SEC 10 TH N 1606.68F TH S 88D
Assessor's Parcel #: 91
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 61046
Taxes: 885
Legal: LUKE FIELD HOMES MCR 60-13 PT LT 211 & PT SW4 SEC 10 DAF COM AT SW COR SEC 10 TH N 1606.68F TH S 88D
Marketing Name: Litchfiled Apartments
House Number: 13865
Compass: W
Street Name: CLAREMONT
St Suffix: Street
City/Town Code: Litchfield Park
State/Province: AZ
Zip Code: 85340
Zip4: 4022
County Code: Maricopa
Subdivision: LUKE FIELD HOMES 159-198 225-244
Assessor Number: 501-13-091-E
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 7200
Total # of Units: 2
Elementary School District: Litchfield Elementary District
High School District: Agua Fria Union High School District
Elementary School: Litchfield Elementary School
Jr. High School: Western Sky Middle School
High School: Canyon View High School
Year Built: 1957
Zoning: multi family
Legal Info
Range: 1W
Section: 10
Township: 2N
Lot Number: 211
Project Type
Duplex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Brick Veneer: 1
Roofing
Composition: 1
Rolled: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 1200
Annual Wtr/Swr Exp: 1200
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 3285
Other Income: 0
Vacancy Allowance: 0.02
Adjusted Gross Inc: 30576
Pmt & Rate Info
Cap Rate: 5.65
Down Payment: 0
Equity: 595000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
Lockbox Type
See Private Remarks: 1
Community Features
No Pool: 1
Heating
Wall Furnace: 1
Window/Wall Unit(s): 1
Cooling
Window/Wall Unit: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Disposal: 1
Refrigerator: 1
Free-Standing Range: 1
Road Access Type
City Street: 1
Road Surface Type
Concrete: 1
Dirt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
Private: 1
See Remarks: 1
Sewer
Septic-In & Connected: 1
Parking Features
On Street: 1
1 Space/Unit: 1
RV Access/Parking: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Trash Collection: 1
New Financing
Cash to Loan: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1400
Avg SqFt: 700
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Litchfield Rd and Bethany Home
Geo Lat: 33.527152
Geo Lon: -112.35776
Income Expenses
Gross Annual Sch Inc: 31200
Net Operating Income: 33600
Property Features
Project Type: Duplex
Construction: Block; Wood Frame
Const - Finish: Painted; Brick Veneer
Roofing: Composition; Rolled
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Disposal
Heating: Window/Wall Unit(s); Wall Furnace
Cooling: Window/Wall Unit
Water Source: Private; See Remarks
Sewer: Septic-In & Connected
Electric: APS
Gas: SW Gas
Parking Features: On Street; 1 Space/Unit; RV Access/Parking
Road Access Type: City Street
Road Surface Type: Gravel; Dirt; Concrete
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash to Loan; VA; FHA; Conventional; 1031 Exchange
Environmental: None; Other (See Remarks)
Supplements
Property Features:
Single-story construction for low maintenance
Spacious lot with ample parking
Functional layouts with private entrances
Large outdoor/common areas with utility access
Solid block construction with long-term durability
Low-maintenance desert landscaping
Value-Add Potential:
Below-market rents with clear upside
Opportunity to enhance outdoor/common areas
Strong long-term appreciation in a high-growth corridor
Portfolio Opportunity:
Property must be sold with adjoining 4-plex, offering investors the opportunity to acquire a larger multi-family portfolio with increased scale, operational efficiency, and long-term value creation. FHA, and VA loan approved!
Listing Office: My Home Group Real Estate
Last Updated: April - 21 - 2026
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