Listing provided courtesy of My Home Group Real Estate- MLS# 7041284MLS Provider

1313 N 48TH StreetPhoenix, AZ 85008

Multi-Family
$1,399,000 Active

1313 N 48TH Street Overview

Time on Site:
18 days
Visits:
0

Prime multifamily investment opportunity Beautiful! well maintained and unique 4-unit + the big storage could be converted as a studio. This 4plex features a welcoming gazebo in the front yard to entertain guests, 3 units 2bed/2bath, 1 unit 2bed/1bath, Roof replace in 2024, and new AC in 2 units. Each unit has its own private patio as well as coin laundry room, build-in Bar-b cue, sparkling pool. Fully occupied by long term tenants (please don't disturb). Property is perfectly situated in Phoenix with convenient access to major freeways, super market, restaurants, and across from elementary school. Buyers and Buyer's agent to verify all facts and figures.

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1313 N 48TH Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Phoenix Union High School District

Income/Expenses

  • Electric Expense: 1500.0
  • Fuel Expense: 4200.0
  • Operating Expense: 19823.0
  • Water Sewer Expense: 12000.0

Building Information

  • Year Built: 1964

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: PALOMINO ESTATES
  • Township: 1N

Community/Development

  • Community Features: Barbecue,Pool

Tax Information

  • Tax Annual Amount: $2,123.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: Conventional,1031 Exchange
  • Ownership: Fee Simple
  • Parcel Number: 125-13-085-B
  • Property Type: Multiple Dwellings
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP
  • Flooring: Tile,Carpet,Ceramic Tile,Vinyl

Exterior

Parking Information

  • Open Parking Spaces: 8.0
  • Parking Features: Paved

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 17,052
  • Number Of Buildings: 3
  • Road Surface Type: Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Painted,Block
  • Roof: Other

General Information

  • Covered Spaces: 1.0
  • Number Of Units Total: 4
  • Pool Private: true
  • Sewer: Public Sewer

1313 N 48TH Street Neighborhood

Community

85008 (Phoenix) Demographics

30
Median Age
5,983
Population Density (per sq. mile)
30%
College Educated
$46,724
Estimated Median Income
6,465
Estimated Total Home Owners
16,485
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1313 N 48TH Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1313 N 48TH Street Market Data

Based on the last 30 days in this zip code

$467,678
Average List Price
$322
Average Price per Square Foot
21
Properties Sold
83
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

1313 N 48TH Street History

Date Event Value Agent
6/12/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 12, 2026