4121 E Moreland Street, Phoenix, AZ 85008, Phoenix, 85008 - 0 bed, 0 bath
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Phoenix, AZ 85008
Analysis of 4121 E Moreland Street, Phoenix, AZ 85008 is currently available with a list price of $809,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1963 (61 years old). While the listing describes it as 'turn key' and 'fully occupied,' the exterior shows dated mid-century architecture and roof-mounted HVAC units. Without evidence of a major renovation within the last 15 years, the age and likely dated interior finishes/systems place it in the fair category.
Strategically positioned near the Loop 202 Freeway, Sky Harbor Airport, and Downtown Phoenix, ensuring high tenant demand and excellent accessibility within a major rental corridor.
The property is fully occupied with a desirable 2-bedroom, 1-bath configuration and private gated patios, providing immediate cash flow and a stabilized asset for any portfolio.
Units are individually metered for electricity, allowing tenants to pay their own power bills and significantly reducing the owner's monthly operational overhead.
The owner currently covers water, sewer, and trash costs, which increases operating expenses and exposes the landlord to fluctuating usage costs.
Built in 1963, the property may require higher long-term capital expenditures for maintenance and system upgrades compared to newer residential income assets.
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
No exterior & parking available.
Grades PK-8 • 0.1 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,144 | - |
| Lot Size | 7,708 | - |
| Price | $809.0K | $228.9K |
| Price per sq ft | $257 | $256 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 4774 |
Jul 21, 2026
$809,000
$835,000
-3% Price Drop
Initial Listing
Jun 8, 2026
$835,000
Initial Listing